Finance
Market participation requires a range of financial solutions and investments to meet the needs of individuals, households, and firms as well as to meet national and sub-national financing requirements for infrastructure, which enable market-led development. Catalyzing private financing requires an ecosystem approach that includes the financial sector infrastructure itself. This topic includes: inclusive financial services, mobilizing private capital, and digital finance.
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This article—on recoverable grants—is the first in a series on the topic of using grants to mobilize finance
Start-ups and fast-growing small and medium enterprises (SMEs) need financing to grow—and that financing must be affordable. Yet, the return on investment that finance providers, such as banks and investors, require (to cover their costs and risks) often exceeds what SMEs can afford.
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