The SME Financing Gap (Vol. II): Proceedings of the Brasilia Conference, 27-30 March 2006

A significant number of entrepreneurs and small and medium-sized enterprises (SMEs) could use funds productively if they were available, but are often denied access to financing. This impedes their creation and growth. The ""financing gap"" was the subject of the OECD Global Conference on ""Better Financing for Entrepreneurship SME Growth"", held in Brasilia, Brazil in March 2006. This book presents a synthesis of the Conference discussions on the credit and equity financing gaps, as well as on private equity definitions and measurements. It also offers a selection of papers given by some of the key stakeholders (SMEs, government and financial institutions) confronting these important issues. Table of Content : Foreword Key Remarks: Extracts from Speeches -Brazil and the World Growing with SMEs by Luiz Fernando Furlan, Minister of Development, Brasil -Speech by Herwig Schlogl, Deputy Secretary-General, OECD -Speech by Ali Coskun, Minister for Industry and Trade, Turkey -The Role of SME Policy and the Current State of SME Finance in Japan by Takao Suzuki, Chairman, Organisation for Small and Medium Enterprises and Regional Innovation of Japan Part I. Synthesis -Plenary Keynote Session: The SME Financing Gap: Theory and Evidence -Workshop A: Credit Financingt for SMEs: Constraints and Innovative Solutions -Workshop B: Equity Financing for SMEs and the Role of Government -Technical Workshop on Private Equity Definitions and Measurements -Plenary Closing Session Part II: Selected Papers Plenary Keynote Session: The SME Financing Gap: Theory and Evidence -Access to Financial Services: A Key Element in a Comprehensive Development Agenda by Enrique Garc?­a -Polish Entreneurs: Access to Capital by Andrezj Kaczmarek -The Financing Gap for SMEs in Brazil by Roberto Luis Troster -Get to Know Your SMEs by Stuart Wilson Workshop A. Credit Financing for SMEs: Constraints and Innovative Solutions -Banque de France Rating by Daniel Gabrielli -Access of Micro and Small Enterprises to Credit in Brazil by Jos?© Mauro de Morais -Credit Allocation and Efficiency: The Case of Japan by Iichiro Uesugi -The Role of State-Funded Credit Guarantee Schemes for SMEs: Italy's Experience by Salvatore Zecchini and Marco Ventura Workshop B: Equity Financing for SMES and the Role of Government -Equity Financing for SMEs: The Nature of the Market Failure by Jean-Noel Durvy -A Review of Access to Finance Matters Related to the Development Finance Institutions of the DTI by Don Mashele -GBS Venture Capital Partners, Australia - A Case Study in Government Programmes to Kick Start a Venture Capital Industry by Brigitte Smith Technical Workshop on Private Equity Definitions and Measurements -Private Equity Definitions and Measurements: Issues Paper: Damn Lies, Statistics and Venture Capital Statistics by Victor Bivell -Standard Definitions and Valuation Methods for the Measurement of Private Equitry by Jeong Min Kim Towards Practical Valuation Approaches for Venture Capital Funds byThomas Meyer Final Plenary Session: Financial Innovations for SME Credit and Equity Financing: The Contributions of Markets and Governments -Buildinga Better Understanding of SME Financing: Lessons Learnt by Canada and New Zealand on SME Finance Data Collection Initiatives by blari Robertson and Brad Belanger -Financial Intermediation: The role of Information Production in Matching the Demand and Supply of Credit by Nadine Levratto -Permanent Forum onf Micro-Enterprises and Small Firms: Meausre to Strengthen Credit in Brazil by Candid Maria Cervieri Annex A: Conference Programme Annex B. The OECD Brasilia Action Statement on SME and Entrepreneurship Financing The Lack Of Funding Available From The Financial Sector For Small And Medium-sized Enterprises (smes) Is Known As The Financing Gap. This Report Analyzes This Gap For Both Credit And Equity Financing And Seeks To Determine How Prevalent Such A Gap May Be, Both Among Oecd Countries And Non-oecd Economies, And Recommends Measures To Foster An Improved Flow Of Financing To Smes And Entrepreneurs. A Significant Number Of Entrepreneurs And Smes Could Use Funds Productively If They Were Available, But Are Often Denied Access To Financing. This Impedes Their Creation And Growth. The Financing Gap Was The Subject Of The Oecd Global Conference On Better Financing For Entrepreneurship And Sme Growth, Held In Brasilia, Brazil In March 2006. Vol. 2 Presents A Synthesis Of The Conference Discussions On The Credit And Equity Financing Gaps, As Well As On Private Equity Definitions And Measurements. It Also Offers A Selection Of Papers Given By Some Of The Key Stakeholders (smes, Government And Financial Institutions) Confronting These Issues.--publisher's Description. V. 1. Theory And Evidence -- V. 2. Proceedings Of The Brasilia Conference, 27-30 March 2006 -- Vol. 1 Was Prepared By The Sme And Entrepreneurship Division Of The Oecd Centre For Entrepreneurship, Smes And Local Development (cfe). Includes Bibliographical References (p. 107-113). Available Both In Print And Online. 001.pdf......Page 3 002.pdf......Page 4 financing volII 003-016.pdf......Page 5 financing volII 017-032.pdf......Page 19 financing volII 033-066.pdf......Page 35 financing volII 067-124.pdf......Page 69 financing volII 125-150.pdf......Page 127 financing volII 151-192.pdf......Page 153 financing volII 193-236.pdf......Page 195 financing volII 237-278.pdf......Page 239 999.pdf......Page 281