Sarajevo MSME Conference Highlights Digital Shift and Skills Training

The 14th World MSME Day Conference concluded in Sarajevo, with business leaders, policymakers and entrepreneurship advocates calling for greater support to help small and medium-sized enterprises (SMEs) navigate a rapidly evolving global economy. The two-day event ended with calls for faster digital adoption, stronger cybersecurity measures, greater access to green financing and better preparation for future labour market challenges.

The conference recommendations focused on accelerating digital transformation, improving cyber resilience, expanding sustainable financing options, strengthening supply chains and building stronger partnerships across sectors. They also called for continued investment in skills development and human capital to help businesses and economies remain resilient in an increasingly competitive global landscape.

Among the highlights was the presentation of Bahrain's experience in supporting SMEs, which drew positive feedback from participants. Delegates praised the Kingdom's efforts to strengthen the sector, describing SMEs as a key driver of economic growth and job creation.

Dr. Abdulhasan Aldairi, Chairman, Bahrain SMEs Society and  United International SMEs Organization (UNISMO) said the conference underscored technology's growing role in shaping the future of business.

Held in cooperation with the Chamber of Economy of Bosnia and Herzegovina, the International University of Sarajevo and several supporting organisations, the conference explored how SMEs can benefit from digital tools, artificial intelligence and e-commerce while keeping pace with emerging challenges.

Dr. Aldairi also highlighted the importance of closer cooperation between governments, the private sector and educational institutions to encourage innovation and entrepreneurship. Special attention was given to creating more opportunities for young entrepreneurs and women, as well as helping smaller firms expand into international markets.

Another issue that featured prominently during discussions was the growing shortage of skilled workers in parts of Europe. Dr. Aldairi noted that several countries are already facing workforce gaps and warned that the challenge is expected to intensify in the coming decades.

He said governments should begin preparing now by strengthening academic and vocational education systems and ensuring that graduates possess the skills needed for future industries.