Beyond financial support, DGGF also relies on non-financial support, such as the transfer of knowledge from DGGF and its investees to SMEs. This Deep Dive aims to surface SME-level insights to understand how knowledge transfer from DGGF’s funds has contributed to the systemic outcomes for SMEs, as outlined in DGGF’s Theory of Change (ToC). By leveraging a survey and multiple interviews with selected SMEs and fund managers, the study answers the main research question: To what extent do knowledge transfer activities implemented by DGGF’s investee funds contribute directly to SME performance and indirectly to sustainable and inclusive economic growth?