Join Small Business Virtual Summit 2020 in collaboration with CISCO

The onset of the COVID-19 pandemic disrupted global economies, forcing companies to realign their strategies to stabilise their operations and maintain business continuity. The lockdown has hit the MSME sector the hardest with almost 80 percent of startups and SMEs planning to scale down their operations, shut down completely or sell off their businesses, according to a LocalCircles survey. Even with the announcement of stimulus packages and schemes by the government, small businesses still face numerous challenges with halted production and labour unavailability.

But all is not lost. MSMEs need to regroup, assess the damage, and sketch out a survival plan to restart their businesses with a vision to scale up. How to go about it?

Digital transformation is the key for MSMEs; not just to build business resilience and cope with the new reality, but also to develop a robust infrastructure to become future-ready. Businesses can leverage technology solutions to increase revenue growth and expand their consumer base by tapping into global markets.

In a bid to help MSME owners in charting a roadmap towards recovery fuelled by digital transformation, we are excited to announce a virtual summit in collaboration with CISCO titled Small Business Virtual Summit 2020 | #RuknaManaHai ̛to be held on July 17, 2020.