SMEs are a principal source of employment globally. Research has also shown that they have been immensely creative and innovative, increasing a country’s ability to produce a diverse range of goods and services and making its economy more resilient to global commodity price fluctuations and macro-economic shocks. In Myanmar, SMEs account for 88pc of all businesses. They face, however, several barriers – mainly fixed costs. For example, complying with tax requirements demands resources. Health and safety regulations also often require large financial investments that have to be paid upfront.