Finance

IFC to launch investment fund for Indian women SMEs

World Bank’s investment arm, the International Finance Corporation (IFC) is considering a women’s investment fund programme aimed at investing in women-owned businesses globally through private equity funds, reports Business Standard.
The programme would help SMEs in India and Africa and mid-cap companies in Southeast Asia. However, the quantum of the fund has not been disclosed by the Corporation.

According to IFC, working through experienced fund managers with regional and corporate banking experience would help improve corporate governance and train women entrepreneurs to grow their companies and create more jobs.

Furthermore, IFC’s ‘Banking on Women’ programme supports access to finance and builds technical capacity for women through global and regional financial institutions. “Women entrepreneurs are changing the face of the global economy, helping to sustain job creation and economic growth. It is estimated that women-owned entities represent over 30 percent of registered businesses worldwide. Unfortunately, on average, only 5 to 10 percent of women-owned entities have access to commercial bank loans,” said IFC.

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3rd Annual National Convention for SMEs & Entrepreneurs

Small Business Congress 2012 / Small Business Awards 2012

  • Get 500+ ideas to manage and grow your business fast and efficiently
  • Re-ignite your entrepreneurial focus
  • Raise money for your project
  • Learn to create a growth-oriented business plan
  • Get your business recognized

Awards / Conference /  Exhibition

Interact, Learn, Network, Expand, Collaborate & Grow

Dates : December 17 & 18 2012

Place : THE LALIT, MUMBAI

CALL : 09312687253 or 08595350504 or 08595350505 or SMS SBA to 5667779

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SME Leaders of Tomorrow

The contribution of SMEs towards nation’s GDP and employment opportunities cannot be overstated.ET NOW and IndiaMART endeavor to capture the inspiring stories of SMEs who have carved a niche for themselves and are shaping the course of Indian economy.

Over the last two years, Leaders of Tomorrow has reached out to millions of SMEs across the country and has set phenomenal benchmarks in participation. A three-fold jump in entries in just 2 years speaks volumes about the stature of this initiative. In its 3rd year of running, we strive to grow further in scale and aspirational levels.

We welcome you to be a part of journey in our quest for the Leaders of Tomorrow.

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