The Ministry of Small and Medium Sized Enterprises, Social Economy and Handicraft is a major partner of the EMMI GLOBAL SUMMIT. Their presence at the conference gave the young entrepreneurs and business men present an opportunity to ask questions and have their doubts clarified. The ministry particularly talked on how to lead an SME alongside managing and developing your employees.

The primary role of Cameroon’s ministry of Small and Medium Sized Enterprises is to design and implement policy. The ministry works with several agencies, both government and private, to give small businesses access to funding and education. This ministry also works to open up the environment for diverse private programs. In addition, Cameroon now has an agency for the promotion of SMEs, which aims to transition SMEs from an informal to a formal economy and tax management centers put in place by ministry, where SMEs receive tax advice to better play their part in the development of the Cameroonian economy.

SMEs can apply for funding and receive tax exemptions when young people get placement at their businesses. The fund also has programs which offer young managers mentorship at larger corporations, with many experienced managers willing to take young entrepreneurs under
their wings. Self-employment and disability programs have been put in place to make development more inclusive. The primary objective is to put young people to work which is always an alternative path to growth for prospective entrepreneurs.