Monday, September 28, 2020, by Andrew McDonald, Chair, Small Business Investment Committee, European Bank for Reconstruction and Development.
It’s not just about the money…
Across the global we continuingly hear financial commentators and academics highlighting the importance of SMEs and the role they play in various countries in employment, engines of economic growth, social development and how they account for large percentages of GDP and as such how the countries prospects for prosperity and the development of healthy market economies rest on them.
In addition, whilst access to finance is high on everyone’s list when people talk about the challenges for SMEs, which restrict their ability to develop and flourish, we must ask if it is the only aspect holding back the development of sustainable enterprises – because if it was then surely it is a simple fix (Read more…).
