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In developing countries, small and medium-sized enterprises (SMEs) have great difficulty in obtaining the necessary financial resources to effectively scale up and grow their businesses. For SMEs competing in the information and communication technology (ICT) industry and in ICT-enabled activities, the challenge of accessing growth capital is particularly acute, because these firms possess few tangible assets that can be leveraged as collateral for loans.

This report provides the main findings of the work commissioned by infoDev on "Financing Technology Entrepreneurs & SME in Developing Countries: Challenges and Opportunities" in the Philippines including: (i) an assessment of the financing needs voiced by techno-entrepreneurs; (ii) a review of the financing opportunities available; and (iii) a series of suggestions regarding possible measures to alleviate the financing gap.

Additional country reports for Argentina, Brazil, India, Kenya, Morocco, Peru, Senegal, Ukraine, and Vietnam, are available on infoDev’s website at www.infodev.org/financing.