Why don't DFIs provide the funding that early-stage entrepreneurs so desperately need?

Jesse Clain

AWKWARD QUESTIONS: Development finance institutions make a lot of noise about addressing the needs of small and growing businesses and 'investing where others will not'. Yet they've set up investment standards that all but guarantee that their dollars flow to megafunds and big, profitable companies that don't really need their help, rather than the 'missing middle', says VC investor Jesse Clain.

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