Equity and venture capital financing for SMEs in countries under transition
Author: Gibson, Thomas C.
Source: Small Enterprise Development, 1 September 1995, vol. 6, no. 3, pp. 38-44(7)
Abstract:SMEs often fail to benefit from adequate investment because they are too large for assistance from charitable organizations but too small to interest commercial investment companies. This article describes the work of the Small Enterprise Assistance Funds (SEAF), which brings together private sector mechanisms, public sector funds and not-for-profit sector motives to assist SMEs in Central and Eastern Europe and the former Soviet Union. It provides a number of recommendations on how to assist as well as finance an investment partner, and thus to help the development and growth of budding entrepreneurs.
Document Type: Commentary