1.5 million investment in SMEs does not seem much, but when you consider, it creates over 1000 meaningful jobs in sustainable businesses and supports a multiple of family and community members, it certainly makes a difference
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We believe that investing in high growth SMEs in developing countries is economically viable if done right. The higher risk of investing overseas is set off by higher possible returns that investments in new emerging markets bring with them. Managing these investments is complex, but there are innovative ways to do that more efficiently.
Economic reasoning would be enough to consider the above mentioned investments. But besides that these investments have a significant impact on the economic and social development in these countries. 1.5 million investment in SMEs does not seem much, but when you consider, it creates over 1000 meaningful jobs in sustainable businesses and supports a multiple of family and community members, it certainly makes a difference.
Therefore “economic investments” in high growth SMEs can also be seen as “social investments” that might bring a financial return. The Dutch Internal Revenue Service (Belastingdienst) considers these investments as “philanthropy” and they are, therefore, tax deductable when structured right. This means you have about 50% more capital to invest.
What is your definition of SMEs in Africa? How do you reach them? And what is 1.5 million investment?
ReplyDeleteWhat is your definition of SME in Africa? wat do you mean by 1.5 million investment?
ReplyDeleteHi Alexio,thanks for jumping by.SME's are small and medium sized enterprises and the 1.5million is the Dutch Internal revenue Service(Belastingdienst).Check out the link.
ReplyDelete