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Equity and venture capital financing for SMEs in countries under transition
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 togetherprivate 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.
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.
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.
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