We’ve all learned about economies of scale in school (and if you were absent that day, this podcast will provide a quick recap on this, as well). So why is everyone talking about financing the small guys, the SME-s, instead? And it’s not just talk either: the European Investment Bank Group is investing a lot of money in SME’s. In this episode of A Dictionary of Finance podcast, Matt and Allar challenged EIB Group’s top SME specialists, Helmut Kraemer-Eis and Pedro Eiras Antunes, and found out that 99.8% of enterprises in Europe are, in fact, SME’s. And that they provide employment to 91 million people! They also ask what is collateral, who are angel investors, and many other questions - so you never have to.
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