Sponsor

Small and medium enterprises (SMEs) are the backbone of economies worldwide, accounting for over two-thirds of global employment and playing a critical role in job creation and economic resilience. However, persistent financing gaps limit their potential to drive inclusive growth and recovery from economic shocks.

The G20 Global Partnership for Financial Inclusion (GPFI) MSME Action Plan provides a timely framework to address these challenges, fostering resilience and innovation among SMEs while aligning with sustainable development goals (SDGs). The Global SME Finance Forum, an official side event of the G20 South African Presidency, will present GPFI’s comprehensive roadmap to address the systemic barriers hindering SMEs’ access to finance.

Green Financing: Advance environmental sustainability through green loans, carbon credits, and incentives for SMEs adopting eco-friendly practices.

Resilient Value Chains: Strengthen sustainable sourcing, fair labour practices, and circular economy models to future-proof SMEs against disruptions.

Tailored Financial Solutions: Provide customised financial tools to promote the financial health and stability of micro and small enterprises.

Scaling Success Stories: Highlight examples of SMEs achieving growth through innovative financing models and sustainable business frameworks.

Bridging Funding Gaps: Strengthening credit infrastructures, collateral registries, and regulatory frameworks to reduce risks for lenders and improve SME access to capital.

Policy Reforms: Promoting policies that facilitate working capital, trade finance, and digital payments while supporting financial technologies that simplify SME operations.

Public-Private Partnerships: Encouraging collaboration between governments, financial institutions, and private sector stakeholders to mobilize resources, mitigate risks, and scale impactful solutions

The Veefin Group of Companies is on a mission to become the World's Largest Working Capital Ecosystem. Veefin Group addresses every aspect of optimizing Working Capital, by offering solutions across end-to-end digital Supply Chain Finance, Digital identity verification and automated financial statement analysis, debt securitization, cash management, trade finance, automated Accounts Receivable (AR) & Accounts Payable (AP) and software consulting and services by deploying innovative, agile & scalable technology. Veefin Group also builds white-labeled Supply Chain Finance and Digital Lending solutions including end-to-end Lending Stack, Smart Credit Decisioning, Business Intelligence, Analytics and Omni-channel Onboarding for Banks, Financial Institutions, Fintechs, B2B marketplaces, and Corporates. Part of the Veefin Group of companies, Veefin Solutions Ltd. the parent Company is listed on BSE SME. Incorporated in 2020, Veefin Group is headquartered in Mumbai with offices in Ahmedabad, Dhaka, & Singapore.

Five Pillars of the Conference Agenda

Best Practice Transfer

Study tours to 10-11 institutions
Global SME Finance Annual Awards
Panels

Members Engagement

Half-a-day Members-only meeting
Member-only Innovation Hub community meetings
Governing Council Meeting
Facilited members’ bilateral meetings
Partners Meeting

Leaders Engagement

Focusing on learning from industry content. Smaller group (20-30) thought leaders, bringing industry innovations / frontier topics / thought pieces for discussions and curating action agenda

Capacity Building

Thematic trainings on key topics
Online tools / data on the event website

Enabling Innovations

Fintech Pitch sessions
Debates, panel discussions, fireside chats
IFC / MDB solutions
Financial Institutions Exhibition Booths
Investors / non-bank enablement

2024 Theme

G20 MSME Action Plan: Financing and Policy Enablers

Digital Innovation: Powering SME Growth and Global Competitiveness

Empowering SMEs in Sustainability, Resilience and Growth