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19/04/2013 - Access to finance remains a key challenge for small and medium-sized enterprises and a stumbling block to recovery in most countries, according to a new OECD report.
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The OECD Centre for Entrepreneurship, SMEs and Local Development is pleased to invite you to a seminar to present and discuss the World Bank Flagship report “Latin American Entrepreneurs: Many Firms but Little Innovation”.
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This project supports policy makers to design and deliver effective and efficient entrepreneurship support through the provision of robust data and information on entrepreneurship and self-employment activities.
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Addressing the financing challenge for SMEs and entrepreneurs is imperative for the creation of new jobs, stronger innovation and more sustainable growth. Following the worst financial and economic crisis in decades, as the global economy begins to turn the corner, financing difficulties for SMEs and entrepreneurs remain a stumbling block to recovery in many countries. As governments address this challenge, they are running up against a major and longstanding obstacle to policy making: insufficient evidence and data.
Financing SMEs and Entrepreneurs 2013: an OECD Scoreboard represents a major step in addressing this obstacle by establishing a comprehensive international framework for monitoring SMEs’ and entrepreneurs’ access to finance over time. This Second Edition covers 25 OECD and non-OECD countries. It presents core. The report provides detailed country profiles of financial conditions for SMEs in the 25 countries, containing indicators of debt, equity, general market conditions, and a review of government policy measures covered. These are complemented with a thematic chapter on the role of credit guarantee schemes in enhancing SMEs’ access to finance.
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