G20 SME Finance Challenge Winners: Gathering June 24th

G20 Summit in South Korea, 2010

G20 Summit in South Korea, 2010

Today marks the beginning of a three day event that highlights the idea of “leveraging innovation” to promote access to finance to SMEs. The event starts off with a gathering of G20 SME Finance Challenge Winners that bidx and BiD Network will take part in. Our director, Hendrik van Gent, will be present alongside the founder of BiD Network and bidx, Thierry Sanders. Following the gathering of G20 SME Finance Challenge Winners on Wednesday the 24th of June, will be a two-day DFI/IFI Working Group.

Co-hosted by the European Bank for Reconstruction and Development, the overarching theme of the two-day meeting will be about “leveraging innovation” to promote access to finance to SMEs. The meeting will also provide an opportunity for the international development community to share their experiences and achievements made over the past year and explore synergy and partnership, where possible, to achieve greater and more impactful outcomes.

BiD Network is proud to be able to join the gathering of G20 SME Finance Challenge Winners. In November 2010, the prestigious G20 SME Finance Challenge prize was awarded to bidx. United States President Barack Obama and the then HRH princess Maxima of the Netherlands, personally congratulated founder Thierry Sanders and offered their support to start the online platform for emerging market SMEs and investors. The first to invest in bidx was Putera Sampoerna, one of Indonesia’s most successful entrepreneurs. The G20 and the Nationale Postcode Loterij followed by funding the start of the organization. As a result, bidx became independent in 2014.