Bolivia’s entrepreneurial ecosystem reflects that business creation remains dynamic despite the Covid-19 pandemic. Figures show that 9020 new businesses were created in 2020, an increase of 2.8% compared to 2019. These companies are an important source of employment generation in the country and strengthen the entrepreneurial and business ecosystem. However, they face challenges in becoming financially sustainable. This is where access to mentoring comes in as a valuable source of support to future growth.
Swisscontact’s SEC Programme has been working for more than 40 years to bring high-quality, effective advice to Latin American SMEs, which are an important driver of job creation in the region. SMEs are increasingly facing challenges in meeting high quality standards.