At Mycelium SME Fund (MSF), we see fund managers not as gatekeepers, but as enablers—dedicated to helping entrepreneurs realize their boldest ambitions. Inspired by the mycelium network, a subterranean fungal system that nourishes and connects trees through shared nutrients and constant communication, MSF aims to cultivate a similarly dynamic ecosystem for SMEs. By channeling critical resources and fostering deep-rooted collaboration, we empower businesses to grow, adapt, and flourish in an interconnected landscape.
Small and Medium Enterprises (SMEs) are the backbone of economic growth and employment generation—especially in emerging markets, where they account for 7 out of every 10 formal jobs. Yet despite their outsized impact, nearly 40% of SMEs globally face a persistent financing gap. They remain largely underserved by risk capital, as both mainstream and impact-oriented funds gravitate toward larger ticket sizes and higher return expectations leading to greater focus on Tech-enabled businesses or Tech Startups .
We seek to correct this imbalance by reigniting investor interest in traditional SMEs while capturing the valuation arbitrage offered by high-growth, undercapitalized businesses. By bridging capital with opportunity, MSF is positioned to unlock latent value and catalyze inclusive, sustainable growth across South Asia.