Financing of ICT/I...

Financing of ICT/ICTE SME: The Demand Side

Financing Technology Entrepreneurs and SMEs in Developing Countries: Challenges and Opportunities
Excerpted from infoDev's study of Financing Technology Entrepreneurs and SMEs in Developing Countries: Challenges and Opportunities.

The financing needs of the ICT/ICTE industry is diverse in terms of businesses, countries, and stages of business development. The reasons for financing demands range from funding initial R&D, to the bulding-up of working capital, to the establishment of foreign branches to penetrate new markets.

This excerpt of infoDev's study, "Financing Technology Entrepreneurs and SMEs in Developing Countries: Challenges and Opportunities," examines typical needs for firms operating in (i) software development and IT services, (ii) Internet services, (iii) business process outsourcing and other ICTE activities, and (iv) the assembly and sale of hardware and software. Additionally, specific examples are given to better demonstrate the financing needs of ICT/ICTE firms in the developing world.


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