G-20 Commits Half-Billion Dollars to Winners of SME Finance Challenge

The G-20 has just committed more than one-half billion dollars to support the winners of the Ashoka Changemakers G-20 SME Finance Challenge. Pres. Barack Obama, Korean President Lee Myung-bak, and Canadian Prime Minister Stephen Harper congratulated the winners in person and announced this stupendous funding commitment at the closing of the G-20 Seoul Summit.

The winners of the G-20 SME Finance Challenge were present at the G-20 Seoul Summit.

The G-20 SME Finance Challenge Media Center contains stories and background information about the role SMEs are playing to reduce poverty and build stronger communities.

It is part of an open call by the G-20 nations for innovative solutions that help unlock financing for small and medium sized enterprises (SMEs).

Discover stories about people, creative solutions, and the G-20’s commitment to supporting SMEs and job creation globally.