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The road to the Global Entrepreneurship Summit 2016 (GES), hosted at Stanford began earlier this week on 22nd June, 2016 and we were thrilled to be represented at this exhilarating confluence of the world’s leading thinkers, innovators, entrepreneurs and investors.
Will Poole, Managing Partner | Capria was part of the panel discussing the challenges of financing the ‘missing middle’ and move the conversation forward towards actionable solutions with the ‘impact investing’ community!
GES Panel – Bridging the Missing Middle via Ecosystem Development and Local Investing
Even the most capable entrepreneurs are not able to grow businesses in many emerging markets due to lack of local investment resources. Please join the panel as they discuss different ways to get funding to the missing middle – companies that are beyond friends & family funding, but too small for banks or venture growth capital. The panel comprises a diverse set of experts, including private and public sources of investment, business readiness firms, and incubators who will discuss innovative solutions for getting companies across the funding valley of death and help build sustainable local ecosystems.
- Nikunj Jinsi, Global Head, Venture Capital, IFC
- Andreas Zeller, Co-Founder, Open Capital Advisors
- Will Poole, Co-Founder, Unitus Ventures (formerly Unitus Seed Fund) and Capria Accelerator
- Erik Wallsten, Managing Partner, New Ventures
- Randa Masri, Founder and CEO, ConnectME
Here is Will’s latest blog on the challenges of financing the ‘missing middle’.
The economic growth potential of emerging countries is enormous, especially with respect to the massively-underserved low-income citizens who make up the majority of their populations. Multiple barriers, such as high transaction and due diligence costs, political and currency risks, legal and regulatory concerns, and lack of collateral limit bank financing of early-stage enterprises. The same issues present challenges for private investors too. Read the rest of the story on Medium >