Debt & equity costs determinants in small enterprise. JEREMIE fund influence on financial situation of SME
Grzegorz Michalski ()
MPRA Paper from University Library of Munich, Germany
From financial perspective, the JEREMIE fund initiative is profitable and enhances the functioning of micro and small enterprises. Particularly profitable are aspects connected with providing these enterprises with equity capital (i.e. Business Angels, Venture Capital) as well as with the theoretical possibilities connected with reducing the financial risk by over regional institution guarantees (less vulnerable to potential risks occurring in the native region of the micro enterprises engaged in JEREMIE).
Keywords: capital cost; target capital structure; micro and small enterprises (search for similar items in EconPapers)
JEL-codes: G00 G24 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:13290
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