PNGX Markets Limited - PNG’s National Stock Exchange - is exploring the provision of greater access to equity financing for SMEs.
It is generally acknowledged, and specifically acknowledged in the PNG Government “SME policy 2016”, that PNG SMEs have difficulties in accessing start-up capital or loans from established financial and lending institutions.
Similarly, the Government’s Financial Sector Development Strategy 2016 – 2030 acknowledges that SMEs face obstacles to financing and are often perceived as high-risk by commercial lenders. This requires attention to be given to identifying ways in which unnecessary obstacles can be lessened.
To better understand how PNGX may serve the equity capital needs of the SME sector PNGX, along with PNG Digital ICT Cluster and PNG SME Magazine, is conducting a brief on-line survey on the profile and capital needs of the SME sector.
The survey should only take a few minutes to complete and will close on Friday 5 March, 2021.
PNG SMEs can access the survey on the PNGX website, PNGX LinkedIn page or here.
