Improving MSMEs’ access to start-up financing in ASEAN countries

Raluca Maran

MPRA Paper from University Library of Munich, Germany

Abstract: Lack of access to finance constitutes a major setback to the development of the MSME sector in ASEAN countries. MSMEs are confronted with stringent funding constraints in traditional lending and capital markets, in particular at the early stages of their activity. Demand and supply of capital to MSMEs thus entails more complex issues compared to the larger firms. This paper presents a number of policy actions that have the potential to mitigate the financing challenges faced by MSMEs in ASEAN at the start-up stage by enhancing the potential of alternative funding sources such as business angel investment, crowdfunding, venture capital investment and SME stock markets.

Keywords: MSMEs; ASEAN; start-up financing; business angels; crowdfunding; venture capital; MSME stock markets; loans and guarantees (search for similar items in EconPapers)
JEL-codes: G32 (search for similar items in EconPapers)
Date: 2022-09-02
New Economics Papers: this item is included in nep-ban, nep-cfn, nep-ent, nep-fdg and nep-sea
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https://mpra.ub.uni-muenchen.de/114501/1/MPRA_paper_114501.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/115023/1/MPRA_paper_114501.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/115882/1/MPRA_paper_114501.pdf revised version (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:114501

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