Small Firms Are Still a Big Missed Opportunity in Development Philanthropy
Stanford Social Innovation Review
OCTOBER 28, 2024
The problem is not lack of potential impact; SMEs represent nine out of 10 firms, the biggest employers worldwide, and without helping these firms grow, we cannot create jobs, lift people from poverty, empower women, or innovate solutions for the climate crisis. Why is philanthropy still hesitant? Business owners aren’t “poor enough.”
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