Unlocking funding for SMEs

Multiple-choice questions. In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please reread the article before attempting the questions again.

  1. Across Africa, approximately what percentage of jobs are provided by SMEs?

  2. Which of the following statements is true? Statement 1, South African SMEs have easy access to government funding. Statement 2, South African SMEs have easy access to bank financing

  3. In which country do up to 90 percent of the population work for SMEs?

  4. In what way can venture capitalists typically support an SME's growth?

  5. Which of the following statements is true? Statement 1, private capital is a preferable form of SME funding because it does not usually require collateral. Statement 2, private capital is a preferable form of SME funding because it does not usually require regular interest payments

  6. Why are close to 70 percent of SME funding applications rejected at the first-round stage?

  7. Why do venture capitalists and private equity providers seek higher returns from early-stage ventures?

  8. Which form of private finance focuses primarily on early-stage ventures?

  9. Which of the following will a potential investor want to know?

  10. Enabling SMEs to access export markets is a key priority for which organisation?

1 unit