Article | Open Access | Published: 31 May 2014
Can SME Exchange Really Play a Vital Role in accelerating Start-Up Growth?
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Abstract:
The purpose of this research is to understand whether SME Exchange can play a vital role in accelerating small and medium enterprises (SMEs) and Start-ups growth. Can it create an effective alternative source of funding for Incumbent SMEs who are facing problems of fundraising due to weak debt market and non-availability of a public market for small and medium-size ventures?. Structured interviews were conducted with cofounders of SMEs and start-ups who have raised capital from SME Exchange or likely to raise capital. SMEs are finding SME Exchange a cost-effective alternative to raising capital from the public market. Bank loan and private equity / Venture capital investments have their limitation. SME Exchange can visibly impact the fundraising alternative for SMEs and start-ups and therefore impact the overall growth of SMEs.
Keywords:
SME, Fund Raising, Start-ups, Growth, Entrepreneurship, Accelerator.
Publisher:
ILMA UNIVERSITY
Published:
31 May 2014
Issue:
Issue 1 : Volume 10
E-ISSN:
2409-6520
P-ISSN:
2414-8393
This is an open access article distributed under the terms of the Creative Commons Attribution CC BY 4.0 license, which permits any use, distribution, and reproduction of the work without further permission provided the original author(s) and source are credited.