CAN SME EXCHANGE REALLY PLAY A VITAL ROLE IN ACCELERATING START-UP GROWTH?

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Volume 10 Issue 1 2014

Author(s):

ApoorvRanjan Sharma
VentureNursery India.
aprshp@yahoo.com

Balvinder Shukla
Amity University Uttar Pradesh India.
bshukla@amity.edu

S.K. Jain
Shri. Mata Vaishno Devi University Katra, J&K India.
skjain51@hotmail.com

Manoj Joshi
Amity Business School Amity University, Lucknow India.
manoj.joshi.m@gmail.com

Abstract The purpose of this research is to understand whether SME Exchange can play a vital role in accelerating small and medium enterprises (SME’s) and Start-ups growth. Can it create an effective alternative source of funding for Incumbent SME’s 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. SME’s 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.
Year 2014
Volume 10
Issue 1
Type Short Report
Recognized by Higher Education Commission of Pakistan, HEC
Category "Y"
Journal Name IBT Journal of Business Studies
Publisher Name ILMA University
Jel Classification -
DOI http://dx.doi.org/10.46745/ilma.jbs.2014.10.01.03
ISSN no (E, Electronic) 2409-6520
ISSN no (P, Print) 2416-8393
Country Pakistan
City Karachi
Institution Type University
Journal Type Open Access
Manuscript Processing Blind Peer Reviewed
Format PDF
Paper Link http://ibtjbs.ilmauniversity.edu.pk/journal/jbs/10.1/3.%20Can%20SME%20exchange%20really%20play%20a%20vital%20role%20in%20accelerating%20Start-Up%20Growth.pdf
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