ICC is bringing together the recently launched ICC Small Business Champions Network and the European Law Institute (ELI)¹ to design a 'Data Management Guide for Small Business', which will provide small and medium-sized enterprises with tailored guidance on how to leverage data for value creation.

A new ICC Small Business Champions Network aims to enable the voice of small businesses and empower SMEs to thrive in the global economy.

Small- and medium-sized enterprises (SMEs) are the lifeblood of our economies. They account for the vast majority of businesses worldwide and are important contributors to job creation and global economic development. At a time when the global economy is still reeling from the effects of the health crisis, the ICC Small Business Champions Network will form a new informal advisory group to support the development of ICC’s global and regional work in market intelligence, public policy advocacy, and in the delivery of practical products and services that meet the needs of SMEs.

What are the key priorities for the ICC Small Business Champions Network?

• Address the SME finance gap to help small businesses access the funding they need to seize new business opportunities.

• Promote the use of digital technologies to help SMEs access global markets and facilitate international trade.

• Foster more sustainable business models to ensure small businesses take a leading role in climate and environmental action.

In 2022, the ICC Small Businesses Champions Network will be taking a leading role across several initiatives linked to the topics above and will ensure that the voice of small businesses resonates with all stakeholders as we collectively take action to build a more inclusive, resilient and sustainable economy that can unlock the full potential of the global SME community.

1. The European Law Institute is an independent non-profit organization established to initiate, conduct and facilitate research, make recommendations and provide practical guidance in the field of European legal development with a goal of enhancing the European legal integration.