This module introduces the concept of “global value chains” (GVCs), and the benefits that SMEs can gain from participating in them. To this effect, it outlines various ways in which enterprises can add “value” to a GVC in which they are participating, and offers several avenues for SMEs to explore GVCs that might be available in their industry or local area. Finally, it offers a self-evaluation questionnaire, through which SMEs can assess their readiness to participate in a GVC.