How can SMEs Access Funding? UBA Business Series has the answer
SMEs play a critical role in developing economies the world over. According to the World Bank, SMEs account for the majority of businesses worldwide. They represent about 90% of businesses and more than 50% of employment worldwide.
Access to funding is a major issue that impact businesses and plays a key role in SMEs’ ability to initiate and innovate, improve efficiency, expand the scope of their operations, and create more jobs.
However, majority of SMEs lack access to the funding they need to grow their businesses, and become important contributors to job creation and economic development.
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What are the challenges SMEs face? How can these be overcome? Are there funding opportunities for SMEs to explore?
The UBA Business Series seeks to provide answers to these questions, and explores various ways SMEs can secure funding for their business.
UBA as part of its commitment to support the growth and sustainability of Micro, Small and Medium-scale Enterprises (MSME) in the continent will organize the next edition of the UBA Business Series slated for Thursday, July 29, 2021.
