Our events
SCALING MSME FINANCE IN CREATIVE INDUSTRIES
Creative Industries (CI) use culture and creativity as the main inputs to produce functional outputs with commercial value. They have a multidimensional development impact and directly contribute to the Sustainable Development Goals. The global Creative Industries sector generates nearly $2.25 trillion/year (UNESCO) and represent up to 2-7% of GDP where they are most developed and provides employment to 29.5 million people globally, especially for youth and women (largest global industry
employing youth). Creator economy is the driver of a new generation of innovators, redefining industries like fashion, finance, technology, entertainment, food, wellness, social good.
Topics:
The webinar will focus on the role financial institutions can play in scaling access to financial services and skills for SMES involved in creative industry segments. It will showcase the CI opportunity for banks and present flagship initiatives implemented in LAC, Europe, Africa and Asia.
The key topics to be discussed are:
- Global trends in creative industries: market size, verticals and impact
- CI as a commercial opportunity for banks in emerging markets
- Flagship initiatives: LAC, Europe, Africa and Asia
- IFC’s role: bank derisking and SME pre-investment support
Organizer:
The SME Finance Forum (SMEFF) is a network of 300+ members and affiliates with a coverage spanning across 190+ countries. The members are primarily financial services providers such as banks, fintechs, non-bank financial institutions, development finance institutions, credit guarantee companies, and microfinance institutions. The affiliates consist of policy advocacy groups, academia, SME and banking associations, training providers, and non-profit organizations.
SMEFF was established in 2012 by the G20 and is managed by the International Finance Corporation with a core objective to scale financial services for SMEs.
As the leading SME finance network globally, the forum steers industry innovations, supports replication of best practices, recognizes global champions, drives thought leadership, convenes influential stakeholders, and fosters global knowledge transfer.
*This is a public webinar
*Speakers information will be shared soon