August 2014

What does IBEC mean by Small-Medium Enterprise (SME), and why is it important?

IBEC Ventures uses the acronym ‘SME’ in two very different ways. One is “Subject Matter Expert” and the other is “Small-Medium Enterprise.” The subject of this blog is the latter. What is a Small-Medium Enterprise, and how is that relevant to what we do? Small-Medium Enterprise (SME) is defined in different ways in different countries.

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What is Business as Mission?

Many business professionals and church leaders today are hearing of the term “Business as Mission” (BAM). While there are many variances to a perfect definition, I like the expression of J.D. Greear of the Summit Church in Raleigh-Durham, NC, “Christians in the marketplace today are able to gain access more easily to strategic, unreached places.

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