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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”, featuring Julián Messina, Senior Economist, World Bank Latin American and Caribbean Studies.
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.
Now all governments realise why SMEs and entrepreneurship matter: because they are the sources of new jobs.
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.
Access to finance represents one of the most significant challenges for entrepreneurs and for the creation, survival and growth of small businesses. As governments address this challenge, they are running up against a major and longstanding obstacle to policy making: insufficient evidence and da
Small and medium-sized businesses (SMEs) requesting loans between 2007 and 2010 faced higher interest rates than for large companies. Loan conditions for SMEs included shortened maturities and increased demands for collateral, suggesting that banks considered smaller firms to be a higher risk.
Small and medium-sized businesses are engines of economic growth, but access to finance remains one of the biggest challenges for their development and often their survival.
On the occasion of the 41st Session of the Working Party on SMEs and Entrepreneurship (WPSMEE), the OECD and the G20 are organising a special event on SME finance.
The aim of the study is to gain a better understanding of the barriers to internationalisation (defined as those constraints that hinder the firm’s ability to initiate, to develop, or to sustain business operations.
Glossary for Barriers to SME Access to International Markets