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Explore how government-backed credit guarantees impact small and medium enterprises through this one-hour lecture examining SME growth, employment, and productivity outcomes. Learn from empirical evidence drawn from Portugal's SME Leader programme as Professor Cláudia Custódio from Imperial Business School analyzes the real economic effects of financial support mechanisms for smaller businesses. Discover the relationship between government credit guarantees and business performance metrics, understanding how policy interventions can influence entrepreneurial success and economic development at the SME level.