MARK BARNES: Funding SMEs is virtuous socially and worth it economically
Clever, agile capital and its funders that dare to invest where others won’t (hint: it’s SMEs) will be part of a future SA really needs
Somehow, in the midst of so many funding discussions, small and medium enterprises (SMEs) never seem to actually get a turn. Often talked about, never funded. That is not only wrong and short-sighted, it’s stupid.
Everybody knows it has to happen, but no “formal” capital wants to go there, really. Why would they? There’s enough to eat, to feast on, in the traditional, established, predictable business models of high street, corporate SA...