Proposed KPIs for Area2: Financing

Transcription

1 2014/SMEWG38/014 Agenda Item: 10 Proposed KPIs for Area2: Financing Purpose: Information Submitted by: Indonesia 38 th Small and Medium Enterprises Working Group Meeting Taichung, Chinese Taipei March 2014

2 Proposed KPIs for Area 2: Financing (Prepared by Indonesia) Agenda Item: Comment on the Existing KPIs Consultant commented that the objectives laid out in the strategic plans should be more clear and that KPIs be more measurable. The Chair suggested working on a revised vision/mission to be more measurable KPIs. The group agreed to have champion economies on priority Area 2: Indonesia, Malaysia and USA to define clearer KPIs in response to SCE requests. 2 1

3 Input From Member Economies (Hongkong, China) 1. SMEWG should first focus on a few KPIs applicable across member economies. Based on experience gained, we could then charter into those proposed KPIs pertinent to individual member economy. 2. As member economies are at different stages of economic development with different legal and financial systems, economy specific KPIs may not provide meaningful reference. 3. For SMEWG as a whole, KPIs that are process oriented, such as "Increase understanding and awareness on financial support system for SMEs", will likely generate more positive result. 4. For result oriented KPIs, instead of addressing individual members' situation, they may try targeting overall performance by members. For example, a KPI for strengthening SME's access to financing can be construed as "All members (or x% of members) have implemented measures to assist SME's access to financing. 3 SCE's feedback regarding the KPIs SCE's feedback regarding the KPIs of the working group from the SCE COW meeting in Ningbo stated that the KPI must be "outcome" not "output" and it should be quantitatively measurable. Moreover, the KPIs in all priority areas should be consisting of 5 7 KPIs as maximum and categorized by each objective 4 2

4 Tasks of SMEWG on Financing (derived from strategic plan and common practices) 1. Address common critical issues and concerns in the area of financing. 2. Provide supports and guidelines to strengthen SMEs access to finance. 3. Prepare strategic plan in the area of financing. 4. Facilitate exchange of information, views, best parctises and resources in the area of financing. 5. Execute related projects in the area of financing benefiting APEC member economies. 5 Proposed New KPIs Objectives Increase understanding and awareness on financial support system for SMEs Increase implementation of best practices in the area of financing for SMEs Increase exchange of resources in the area of financial initiatives for SMEs Increase SMEs access to financing Increase availability of financial system information Key Performance Indicators (KPIs) 1. Number of activities (workshop, seminar, conference, symposium, exhibition and exchange of publication) related to financial system for SMEs (WS) 2. Number of economies involved in the above related activities (NE) 1. Number of best practices implemented in each APEC member economy (BP) 1. Number of expert dispached (ED) 2. Number of financial know-how and technlogy exchanged (TE) 3. Number of joint financial related activities (JA) 1. Number of credit schemes implemented in each APEC member economy (CS) 2. Number of financial institutions established in each APEC member economy (FI) 3. Number of supported institutions established in each APEC member economy (SI) 4. Number of SMEs served by financial Insts. 5. Total(percentage) loan disbursed to SMEs 1. Number of economies providing yearly financial initiative report (FR) 6 3

5 List of Identified Best Practices on Policy Initiatives LIST OF FINANCIAL INITIATIVES 1 ) Credit Scheme (CS) Angel Capital (AC) Business Partnership Financial Program (BPF) Co-Financing (CF) Credit Guarantee (CG) Government Grant (GG) Green Banking for SMEs (GB) Investment Program (IP) Product Promotion Scheme (PPS) Research and Development Funding (RDF) Revolving Fund (RF) Specific Sector Financing (SSF) Start Up (SU) Syariah Financing Scheme (SFS) Tax Incentive (TI) Trade financing (TF) Warehouse Reciept (WR) 1 ) Successful financial initiatives to be disseminated and implemented accordingly in all member economies. Member economies may share their best practices 7 List of Identified Best Practices on Policy Initiatives (cont.) LIST OF FINANCIAL INITIATIVES 1 ) Financial Institutions (FI) Export Financing Agency (EFA) Financial Linkage Program (FLP) Insurance Company (IC) Internet-Mobile Banking (IMB) Leasing Companies (LC) Micro Financial Institution (MFI) Pawn Agency (PA) Saving and Loan Cooperative (SLC) Venture Capital (VC) Supported Institutions (SI) Capacity Building on Financing (CB) Credit Rating (CR) Financial Consultancy (FC) Financing Technical Assistant (FTA) 1 ) Successful financial initiatives to be disseminated and implemented accordingly in all member economies. Member economies may share their best practices 8 4

6 Thankyou 9 5

7 KPIs for Financing (Revised by Indonesia and Malaysia 27 th March 2014) Objectives*) Output KPIs (Outcome) 1. Increasing awareness and availability of wide-ranging sources, from micro financing to venture capital. 1). Number of survey programme and SMEs participated 2).Types of financing scheme 1). Percentage increase in awareness of target group about various financing; schemes. (eg; Survey to establish increase in awareness about other scheme) 2). Amount of loan available under each scheme 2. Strengthen SME Access to finance 1). Establish a database and loan information system for SMEs (compilation of available financing schemes for SMEs) 1). Total number of SMEs benefiting from each schemes 2). Amount of loan disbursed