European Bank for Reconstruction and Development (EBRD) launched the third module on its Know How Academy, an online learning platform to support micro, small and medium-sized enterprises (MSMEs), the EBRD said in a press release.
The third module “Crisis Management: Financing your business” will teach MSMEs how to access and sustain financing in a crisis and ensure business continuity.
“Having sufficient finance in place to run your business is always essential and will become ever more critical in a crisis situation where business continuity is under threat,” the EBRD said in the statement. “This module will provide you with the skills and know-how to help you understand what form of finance is right for your business, how to apply for it and how to make smart choices when faced with critical financing decisions”.
Education on the EBRD's Know How Academy is free for everyone. In Turkmenistan, the initiative is funded by the European Union.