This policy brief was produced by the OECD and the
European Commission to explore barriers in access to finance by social groups
who are disadvantaged or under-represented in entrepreneurship and to describe
policies which can address these barriers. It presents data on the extent to
which entrepreneurs from disadvantaged groups obtain external finance. It then
sets out the traditional policy instruments of grants and soft loans together
with newer and emerging policies such as loan guarantees, microcredit,
crowdfunding, business angels and Islamic finance. In addition to supply-side
instruments, the role of financial education is also explained. Finally, the
brief gives a number of examples of policy approaches that have been successful
in European Union Member States. This brochure is available online in English,
German and French.
This blog is operated by the coordinator of the GRUNDTVIG-project "Social Inclusion and Dignity in Old Age-Promoting participatory approaches to use reference budgets", looking at innovative initiatives and learning methods to strengthen the ability of older people to manage on a low income and checking how to use “reference budgets”. The purpose of this blog is to facilitate a discussion around european debates in the field of social inclusion and financial education of older people.
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