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Small Business Development in Emerging Economies Small Business Development in Emerging Economies

  • Certificate
    Certificate of participation
  • Mode
    Full-time (on campus)
  • Course date
    09 - 13 October 2023 / 04 - 08 November 2024
  • Duration

In emerging markets, the private sector consists for more than 95% out of Small but Growing Businesses (SGB’s), also referred to as Micro, Small and Medium Scale Enterprises (MSME’s), that operate to a large extent in the informal sector. This is one of the reasons why we know relatively little about them. Yet, MSME’s are the key players in local economic development. What factors have led to their growth and what factors have held them back? To what extent do local MSME’s adhere to ESG (economic, social and governance) standards? This course will touch upon the most important topics related to development of the private sector and provide ample ground for debate and reflection.

Through this programme you will get a better understanding of how the private sector in emerging economies can be developed. It will offer some space to reflect upon and discuss past and present development both from an aid perspective as well as through local avenues of private sector development such as micro-finance, impact investments and business development services.

"This programme is very relevant, practical and timely in the context of Emerging Economies. It clearly gives an in depth understanding of characteristics of small agribusinesses and businesses in general. It comprehensively highlights the plight that MSMEs face in pursuit to achieve their growth and goals at all levels. Also, the programme provides interventions to address the key challenges faced by MSMEs at macro, meso and micro levels.”
Caroline Wamono (Uganda), participant of the March 2023 programme
"This programme excellently summarises the work of MSME companies and how to build them in a unique way, as well as addresses family businesses and how to manage them."
Mohammed Al Hakeem (Iraq), participant of the April 2023 programme


Maastricht School of Management (MSM) is part of the Maastricht University School of Business and Economics (SBE). SBE has been awarded three prestigious accreditations, AACSB, EQUIS and AMBA, resulting in what is known as the Triple Crown accreditation. Only 1% of business schools worldwide can boast this honour, many of which are SBE partner institutes.

Watch the video below to get a better impression of how you can benefit from joining this programme.

Video poster