CapPlus & SME Finance Forum on behalf of the G20/GPFI: Financing Entrepreneurship – Innovative Solutions Global Workshop

The two-day workshop co-convened by CapPlus had 165 participants from 45 countries and included opening remarks by two Turkish officials and an IFC Vice President, along with a keynote address and nine panel discussions. Following the keynote, plenaries began addressing the challenges of financing SMEs by focusing on two avenues: market segment innovation and institutional innovation. The first was addressed in a panel on hard-to-serve SME segments including women and youth entrepreneurs and start-ups. Institutional innovation was covered by a panel examining how banks are changing to remain competitive, how new finance providers are providing SME finance, and how new partnerships between banks and fintech companies are developing a third, “hybrid” option. Breakout sessions explored niche market segments and institutional models in greater depth.