2021 Global Inclusive Growth Summit

Realizing the Potential of Digitization for Small Businesses

Digitization is transforming commerce, and the COVID pandemic has accelerated this trend. Small firms are critical to employment in virtually every nation, particularly in emerging economies. Technology and digitization have the potential to increase the productivity of small firms by providing them with access to information and markets, increasing access to financial services, and helping them to formalize. But small firms also face greater barriers than large firms in using technology, which can make it even more challenging for them to compete. While the pandemic accelerated the use of technology by and in support of small firms, it was the smallest firms and those owned by women, racial and ethnic minorities that were least likely to use or be reached by digital tools and services. What needs to happen from a policy, practice and product perspective to enable the small firm sector to realize the potential of digitization for all small firms?

  • Joyce Klein

    Joyce Klein

    Director of the Microenterprise Fund for Innovation, Effectiveness, Learning and Dissemination, The Aspen Institute

Share: Realizing the Potential of Digitization for Small Businesses
Global Inclusive Growth Summit
Global Inclusive Growth Summit

You have successfully subscribed to our mailing list.

You will receive an email confirming your subscription to the email address entered. To unsubscribe, click "Unsubscribe" in the email at any time.

Sign up to receive the latest news and upcoming events.

* indicates required

I agree that Mastercard International Inc. and its affiliates ("Mastercard") may send me email marketing communications. Note that you can withdraw your consent at any time for free. You acknowledge that your personal data will be processed by Mastercard International Incorporated and its affiliates ("Mastercard") as described in the View our privacy policy

By signing up and clicking "Subscribe" you agree to receive email communications from those selected. You can opt-out at any time by clicking the unsubscribe link in the footer of any email you receive from us.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here

Global Inclusive Growth Summit Logo
Save the date ― April 18, 2024

April 18th

Washington, D.C.

The Global Inclusive Growth Summit will be back with a refreshed agenda to drive positive change across the public, private, and social sectors. We will take stock of our work to date, address future challenges, and chart a new path forward for collaborative action.
Global Inclusive Growth Summit Logo
2024 Global Inclusive Growth Summit Livestream

Streaming live now

Watch the April 18th 2024 Global Inclusive Growth Summit Livestream now and don't miss a minute of the action.