Small and medium-sized enterprises (SMEs) are a very haterogeneous group of businesses usually operating in the service, trade, agri-business, and manufacturing sectors. Theey include a wide variety of firms such as village handicraft makers, small machine shops, and computer software firms that possess a wide range of sophistication and skill. Some are dynamic, innovative, and growth-oriented while others are satisfied to remain small and perhaps family owned. SMEs usually operate in the formal sector of the economy and employ mainly wage-earning workers. SMEs are often classified by the munber of employees and/or by the value of their assets. The size classification varies within regions and across countries relative to the size of the economy and its endowments. It is important to note that there is a minimum as well as a maximum size for SMEs.

SMEs comprise 95% of businesses in the Asia Pacific region and employ nearly 80% of the workforce, play a critical role in the region's economy and will be vital in its recovery and growth in 2010. The globalization of business has increasingly drawn SMEs into global value chains through different types of cross-border activities. Many entrepreneurs are recognizing the opportunities that this process offers and gaining access to global markets has become a strategic instrument for their further development. Access to global markets for small businesses can offer a host of business opportunities, such as larger and new niche markets; possibilities to exploit scale and technological advantages; upgrading of technological capabilitiy; ways of spreading risk; lowering and sharing costs, including R&D costs; and in many cases, improving access to finance. Gaining access to global markets can help prospective high -growth firms realize their potential and often an essential strategic move for SMEs with large investments.

Therefore, SEA-LAC Trade Center of the University of The Thai Chamber of Commerce decided to build the bridge in terms of trade and investment between the two regions by launching the program for active businesspeople between Thailand and LAC countries. The program is created to allow a selected group of participants to eexchange views and share experiences on the changing context of Trade and Investment between Thailand and Latin America countries and on the challenge of inter-regionalization of SMEs.