In Colombia, SMEs make up as much as 96% of existing businesses in Colombia, employ nearly 80% percent of its workforce, and yet contribute less than 40% of the country’s Gross Domestic Product. More concerning still, is the fact that less than 1% of all businesses in the country are said to implement any sort of permanent innovation process so as to remain competitive*. This is why it is relevant to create these scenarios, where SMEs can enhance their performance and competitiveness at no charge.
*Colciencias (2008). “Colombia Siembra Futuro”