It is well documented that Small and Medium-sized Enterprises face significant funding challenges, which become even more critical in the context of green financing. This research aims to address this issue by proposing a FinTech application that assigns a green score to the green projects of Small and Medium-sized Enterprises using machine learning techniques for assessments. In addition, the application offers the option of microloans to these enterprises. The green score can be used by enterprises to support their funding applications with financial institutions. This solution is intended to provide financial institutions with data-driven confidence to increase their financing of green projects.

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Go Green: A Rescue to SMEs Funding

  • Yomna Abdulla,
  • Fajer Bucheeri,
  • Noora Al-Subaiei,
  • Marwa Sultan

摘要

It is well documented that Small and Medium-sized Enterprises face significant funding challenges, which become even more critical in the context of green financing. This research aims to address this issue by proposing a FinTech application that assigns a green score to the green projects of Small and Medium-sized Enterprises using machine learning techniques for assessments. In addition, the application offers the option of microloans to these enterprises. The green score can be used by enterprises to support their funding applications with financial institutions. This solution is intended to provide financial institutions with data-driven confidence to increase their financing of green projects.