Bank lending to small and medium businesses (SMEs) is a regular topic of debate. While entrepreneurs say banks need to further extend their lending to smaller enterprises, banks argue they need a blueprint of the revenue-generating model from SMEs before they will part with the cash. “There is still a gap in early stage funding but the ecosystem is building up,” said Karim Aly, the co-founder of the start-up Task Spotting, an app that uses crowdsourcing and mobile technology to get real-time consumer feedback on products. “There are incubators coming up but we are still two years behind the United States for instance in terms of the [funding] ecosystem.”