Inadequate access to finance remains a major obstacle for many aspiring entrepreneurs, particularly in developing countries. As recent studies confirm, the global financing gap for micro, small and medium-sized enterprises remains enormous. Entrepreneurs of all types and sizes require a variety of financial services, including facilities for making deposits and payments as well as accessing credit, equity and guarantees.
Improve access to relevant financial services on appropriate terms
Policy options (recommended actions):
Promote funding for innovation
Build the capacity of the financial sector to serve start-ups
Provide financial literacy training to entrepreneurs and encourage responsible borrowing and lending
Possible indicators
What they monitor
Link to: Online Inventory of Best Practices in Entrepreneurship
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United Nations Conference on Trade and Development
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