The SME Market in Guam

What is a Small to Medium Enterprise in Guam?

Small and medium enterprises (SMEs) are businesses that maintain revenues, assets or a number of employees between certain thresholds. Each country has its own definition of what constitutes a small and medium-sized enterprise (SME). Small and medium-sized enterprises in Oceania are businesses with no more than 500 employees.

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The  SME Market in Guam
Image: Mark Brennan

Guam is an organised, unincorporated territory of the United States in the Micronesia sub-region of the western Pacific Ocean. It is the westernmost point and territory of the United States; in Oceania, it is the largest and southernmost of the Mariana Islands and the largest island in Micronesia. Guam's capital is Hagåtña, and the most populous village is Dededo.

How big is the SME Market in Guam?

Small and medium-size enterprises play an important role in the economy of Guam. They outnumber large firms considerably, employ large numbers of people and are entrepreneurial in nature, helping to shape innovation and support local communities.

Guam has a population of over 168,485 people.

What help is available for SMEs in Guam?

Help for small and medium enterprises (SMEs) includes virtual peer-to-peer advisory boards. With our blended model utilising Zoom and supplemented by in person meetings we are able to support and grow businesses anywhere in the world. Our growing network of Regional Directors ensure that we have suitable people to help you whatever your language or time zone.

Oceania