IN-COUNTRY SEMINAR FOR TUNISIA-PART II
A Second Chance for Business: EBESM and the Tunisian authorities look for ways to assist struggling SMEs.
In business, failure and success are often closely intertwined and both related to risk taking. Therefore, in order for struggling SME to overcome non-structural crisis, conducive legislation and access to finance are crucial. With this situation in mind, EBESM organised a seminar in Tunis on September 12th, 2014 which touched on all aspects of legislative frameworks for bankruptcy and recovery of businesses, as well as the correlated issue of access to credit and financing for SMEs.
With forty attendees coming from important finance and banking institutions and the judiciary meeting dozens of entrepreneurs, the highly interactive workshop allowed for an open and frank dialogue between stakeholders and for plenty of fruitful exchange. Common efforts led to the agreement on operational recommendations, to be adopted to improve the implementation of this SBA principle in Tunisia.