Opening the 31st APEC Small and Medium Enterprises Ministerial Meeting, Han Seong-sook, Minister of SMEs and Startups of the Republic of Korea, underscored the urgency of collective action. However, they face numerous challenges, from an uncertain global economy, rapid technological change and the escalating climate crisis,” Minister Han said. The APEC Business Advisory Council (ABAC) presented its recommendations to Ministers, emphasizing the role of the private sector in supporting digital inclusion, financing for growth and integration of SMEs into global supply chains. From policy forum to startup launchpad, the meeting was preceded by a week-long showcase of how small businesses are shaping the region’s future. This underscores how local ecosystems can propel SMEs toward global competitiveness and sustainable growth.