ABSTRACT
The dynamic role of Small and Medium Scale Enterprises (SMEs) in
developing countries have been highly emphasized. These
enterprises have been identified as means through which the rapid
industrialization and developmental goals of these countries can be
realized. This project work explores the impact of SMEs in
developing countries. This work ensured from the failure that
pervades the small and medium scale enterprises.
The methods
used for the gathering the data were primary and secondary
sources of data. The work revealed that SMEs is the foundation and
strength of any economy. That SMEs can employ more than any
sector. The conclusion of the study is that small and medium scale
enterprises has been identified to be the pivot of industrialization of
any country, and it facilitates sustainable growth and development.
