Time: September 14, 2011 from 5:30pm to 7pm
Location: Shell Foundation, Shell Centre, via the Tower entrance, Belvedere Road
Event Type: 2011 event series, #featafrica
Organized By: Business Action for Africa, DFID, IDS, Shell Foundation
Latest Activity: Apr 28, 2013
DOWNLOAD AUDIO AND PRESENTATIONS HERE
Chair: Simon Maxwell, Research Fellow, ODI
Incorporating SMEs into the value chains of large companies expands access to livelihood opportunities for the poor, and provides larger companies with new market opportunities. Increasingly known as inclusive business, these models are proving to be both financially sustainable and scalable.
One of the major barriers to inclusive business is a lack of finance – both for large companies looking to initiate or scale up inclusive business activities, and for SMEs that want to access these business opportunities.
SMEs looking to access company value chains often require financial services beyond credit alone, such as savings, transaction accounts, insurance and payments services. Very few financial institutions focus on this particular growth opportunity. SMEs also often require basic business and management skills support.
From the perspective of a large company looking to develop inclusive business opportunities, funding for start-up initiatives is often difficult to secure and access to “patient capital” is a huge challenge, with financial metrics often geared towards short-term profitability.
Event Sponsor: Shell Foundation
For more information on the 2011 Event Series, click here.
Video from the events will be posted on this site
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