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• 79% of SMEs surveyed in the MENA region and Turkey indicate that the overall impact on their company has been negative.
• Over half of those surveyed believe their companies would not survive more than four months and 85% believe they would not survive more than a year without support.
• More than half of SME owners surveyed have reduced their own salary or scaled back on services (56%). Nearly half (47%) have had to lay off staff temporarily, request a payment suspension and/or reduce or stop wages for staff.
• One in six respondents indicated that COVID-19 has had a positive impact on their business, and over one quarter see opportunities to expand their business.
• Nearly all SME owners indicated they would need some form of support to protect their business. A large majority (80%) felt they would need financial grants.

SPARK, an NGO supporting young people's access to education and employment, commissioned RAND Europe to conduct a survey to understand the impact of the COVID-19 pandemic on small and medium-sized enterprises (SMEs) in the Middle East and Turkey. It also explored what support SMEs need to survive the pandemic.

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