Growth Series

Financial access is critical for the growth of SMEs. It allows entrepreneurs to innovate, improve efficiency, expand to new markets, and provide millions of jobs. Yet, in developing countries, the majority of SMEs are unable to acquire the financing they need to reach their potential. Indeed, access to finance is one of the most cited obstacles facing SMEs to grow their businesses in emerging markets and developing countries. SMEs are less likely to be able to obtain bank loans than large firms; instead, they rely on internal funds, or cash from friends and family, to launch and initially run their enterprises.

This session will provide practical insights on alternative sources of finance and innovative solutions to unlock sources of capital for SMEs.

Access SME governance tools and training materials to help you identify governance gaps in your business and find practical solutions that will promote sustainable growth.

Corporate governance is a core component of value creation strategy. It provides a key set of tools that SMEs can use to support their competitive survival and growth. Entrepreneurs need to start governing their companies based on a certain set of principles, trusting that specific solutions and tools will evolve with the business as it grows. The extensive body of research shows that well-governed companies demonstrate substantially better long-term financial results and grow faster and more sustainably. SMEs interested in attracting investors can use better governance as a core value proposition.

This session will provide insights on SME governance tools and training materials that can help entrepreneurs identify governance gaps in their own companies and find practical solutions that will benefit their business and promote its sustainable growth.