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Micro-prise de participation et entrepreneuriat social du point de vue du capital-risque

Gloria Estape-Dubreuil (), Arvind Ashta () and Jean-Pierre Hédou
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Jean-Pierre Hédou: Association Régionale des CIGALES de Bourgogne - CEREN - Centre de Recherche sur l'Entreprise - Start entering a institution, university, grande ecole

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Abstract: Microequity may be the key to overcoming stress of micro entrepreneurs who are over-exposed to micro-credit. French microangels are willing to invest small amounts to help people start their own business and move out of poverty. The French microangels invest through syndication in microenterprise projects. Each angel provides only a few hundred Euros, but together they are able to provide as much as three thousand Euros to firms. They look for social and environmental returns rather than financial returns. These include geographical proximity and solidarity.

Keywords: Social entrepreneurship; micro-angels; micro-enterprise; micro equity; business angels; venture capital; social investors; entrepreneuriat social; micro-entreprise; micro-prise de participation; bonnes fées des affaires; capital-risque; investisseurs sociaux (search for similar items in EconPapers)
Date: 2012-12
New Economics Papers: this item is included in nep-ent, nep-mfd and nep-ppm
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Published in Strategic Change, Wiley, 2012, 21 (7-8), pp.355-368

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