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  • NicholasRug
  • Mobile:(08) 8282 7020
  • Address:5 Burnley Street
  • Location: 5173
  • Website:
  • Adapting technical assistance to satisfy the obstacle As COVID-19 moves from a health crisis to an economic crisis, we are attempting to anticipate how small companies all over the world will weather this storm and where we require to focus our efforts. LCGC works with micro, small and medium-sized business (MSMEs), primarily in the establishing world. The normal small company we work with employs in between 10 and 20 individuals, is close to or is already export-ready, and wishes to grow internationally. These MSMEs represent 60% -70% of jobs in establishing countries and around half of financial activity ¹. Furthermore, they tend to employ youths and women. It is still prematurely to estimate how deeply the pandemic will affect our core constituency. Small companies are already or will soon face a liquidity crisis, which might eliminate entire segments of the economy. In the next few months, they will face a variety of obstacles that will depend, to a big degree, on how policymakers respond to the crisis today. Should you loved this article and you want to receive much more information concerning please visit our own website.

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