Emergence of private markets and exchanges as an alternative source of financing for small- and medium-sized enterprises (SME) in Singapore

• Main Author: ANG, Ser Keng
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2021
• Subjects: Private markets; SME; Financing; private exchange; crowdfunding; Singapore; Asian Studies; Entrepreneurial and Small Business Operations; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/6904; https://ink.library.smu.edu.sg/context/lkcsb_research/article/7903/viewcontent/NJACM5_2SP21_06_pvoa__1_.pdf
• Institution: Singapore Management University

Small- and Medium-sized Enterprises (SMEs) are the engine for growth for any economy, whether big or small and developed or emerging. In the US, small firms with less than 500 employee represent 99% of all employers, provide over 80% of net new jobs and account for about one-half of the national wor...