Thursday, June 7, 2012
Finance Agenda for Small Businesses: which progress ?
The annual forum of development finance institutions is held today by IFC (a member of the World Bank Group), and European Investment Bank (EIB). This forum aims at sharing knowledge on increasing access to financial services for SMEs and making an assessment of the G-20’s SME finance agenda.The SME Finance DFI Meeting 2012 held by the SME Finance Working Group, a network of development finance institutions, is an annual meeting of policymakers, development practitioners, and private sector players to discuss successful SME finance models and agree on implementable actions to scale up sustainable SME finance and promote more business-friendly regulation and macro-level policy.
Access to financial services for small businesses and individuals remains a top priority for much of the developing world as 2.5 billion people still do not have formal financial services and 400 million small businesses lack the credit they need to grow—these enterprises account for nearly half the jobs created in developing countries.
The SME Finance DFI Meeting 2012 builds on last year’s meeting co-hosted by IFC and the French Agency for Development in Paris and, as such, reports on progress made on a number of key recommendations, including the creation of the new SME Finance Initiative and the SME Finance Forum. XXBackground information:
The European Investment Bank (EIB) is the long-term lending institution of the European Union owned by its member states. It makes long-term finance available for sound investment to contribute towards EU’s policy goals. EIB, the largest international non-sovereign lender and borrower, raises the resources it needs to finance its lending activities by borrowing on the capital markets, mainly through public bond issues.
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, providing advisory services to businesses and governments, and mobilizing capital in the international financial markets. In fiscal 2011, amid economic uncertainty across the globe, we helped our clients create jobs, strengthen environmental performance, and contribute to their local communities—all while driving our investments to an all-time high of nearly $19 billion.
The European commission has announced that the startup Trustev was the winner of the 2013 edition of the Tech All Stars Award.
Trustev was rewarded for its contribution to tech entrepreneurship, as it offers real time, online verific...
The winners of the 2013 public choice and Grand Prix winners were announced last night during the awards ceremony in Athens.
Organized jointly by the European Commission and Europa Nostra NGOs, this prize aims to reward projects and ...
The Bristol City was rewarded for her efforts to improve the environment and quality of life of its citizens while providing new opportunities for businesses by receiving Friday the European Green Capital Award for 2015 in Nantes, the cur...
The Commission has launched the fifth edition of the EU Health Prize for Journalists. This award aims to reward high quality items contributing to better information on health, care and patients' rights issues.
Journalists who w...
The European Environment Agency has just launched a new competition to reward project depicting waste in Europe.
There will be three categories in the prize: photography, cartoons and short films, permitting to raise awareness on the waste...
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19 June 2013 :
Trustev, winner of the Tech All Stars Awards 2013
18 June 2013 :
Winners of the prize for cultural heritage / europa nostra awards
17 June 2013 :
Bristol wins the European Green Capital Award
14 June 2013 :
Launching of the 2013 edition of the EU Health Prize for Journalists
13 June 2013 :
Waste-Smart: a new competition to select projects depicting waste
26 June 2013 :
ManagEnergy Event - Sustainable Energy Financing for Municipalities and Regions
19 August 2013 - 24 August 2013 :
Université d'été 2013 de l'Assemblée des Régions d'Europe
21 September 2013 :
European Cooperation Day
26 September 2013 - 27 September 2013 :
CONCORDi-2013: 4th European Conference on Corporate R&D and Innovation
06 October 2013 - 08 November 2013 :
ICT 2013: Create, Connect, Grow
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