SME News
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2020-07-09
Mastercard commits 250 crore for SME related initiative
Mastercard has committed an investment of 250 crore ($33 million) to help Indian Small & Medium Enterprises (SMEs) which have been hit hard due to their dependence on the cash-economy and disruption of supply chain during the lockdown. The object...
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2020-07-09
SME credit scheme in July stimulus will be 'closely watched'
Details of the credit guarantee scheme for businesses will be closely watched when the Government unveils its economic stimulus plan later this month. That's according to Davy chief economist Conall Mac Coille who said the legislation would be...
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2020-07-09
Covid-19 crisis triggers payment breaks on 28% of SME borrowing
More than a quarter of the €22 billion borrowed by small and medium-sized businesses in the Republic is now subject to payment breaks to help companies get through the Covid-19 economic crisis. Companies in the accommodation and food sectors ...
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2020-07-09
Wadhwani Foundation ties up with Clix Capital, Sidbi, others to help SMEs
The Wadhwani Foundation (WF) has committed Rs 200 crore for its initiative to help distressed small and medium enterprises (SMEs) affected by the economic crisis and public health workers improve Covid-19 knowledge and skills. The founda...
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2020-07-08
Ministers to push help for SMEs
A full meeting of economic ministers will be held on Friday to discuss ways to revitalise the economy battered by Covid-19, with measures to help more than 3 million small and medium-sized enterprises (SMEs) high on the agenda, a senior government of...