IDEAS home Printed from https://ideas.repec.org/a/aes/amfeco/v11y2009i26p597-605.html
   My bibliography  Save this article

Financing Options for Entrepreneurial Ventures

Author

Listed:
  • Sonja Markova

    (MBA, Keiretsuforum, San Francisko, USA)

  • Tatjana Petkovska-Mircevska

    (Institute of Economics, Skopje, Makedonia)

Abstract

Entrepreneurship is the practice of starting new organizations or revitalizing mature organizations, particularly new businesses generally in response to identified opportunities. The classic entrepreneurship is the “Start-Up”, where a raw idea develops into a highgrowth company and the success involves strong main entrepreneur and a team with complimentary talents. Start-ups are the engine for job creation and economic growth. The lifecycle of a new venture includes seed stage, start-up stage, early stage, and later stage. Securing funding for a start-up in its early stages is from internal sources. The funder provides the initial capital, along with funds from family and fiends (3Fs), and the firm also relies on bootstrapping & business alliances. As the firm grows and needs additional capital, it will require external sources of funding: business loan from a bank, governmentsponsored programs/grants, professional investors (angel investors, venture capitalists, and corporate investors), initial public offering (IPO) and the equity markets. This article provides an overview of the funding options for start-up ventures with special emphasis on business angels and venture capital.

Suggested Citation

  • Sonja Markova & Tatjana Petkovska-Mircevska, 2009. "Financing Options for Entrepreneurial Ventures," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 11(26), pages 597-604, June.
    • Handle: RePEc:aes:amfeco:v:11:y:2009:i:26:p:597-605
    as

    Download full text from publisher

    File URL: http://www.amfiteatrueconomic.ro/temp/Article_900.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Tengeh, Robertson Khan & Ballard, Harry & Slabbert, Andre, 2011. "Financing the Start-up and Operation of Immigrant-owned Businesses: the path taken by African Immigrants in the Cape Town Metropolitan Area of South Africa," MPRA Paper 38405, University Library of Munich, Germany, revised 19 Dec 2011.
    2. Tengeh, RK & Ballard, HB & Slabbert, AS, 2012. "Do immigrant-owned businesses grow financially? An empirical study of African immigrant-owned businesses in the South Africa," MPRA Paper 40610, University Library of Munich, Germany.
    3. Ida Ketut Kusumawijaya, 2019. "Predicting the Unseen: Entrepreneurial Opportunity on Entrepreneurial Intention," International Review of Management and Marketing, Econjournals, vol. 9(5), pages 141-149.
    4. Tengeh, Robertson Khan & Ballard, Harry & Slabbert, Andre, 2011. "A framework for acquiring the resources vital for the start-up of a business in South Africa:an African Immigrant’s Perspective," MPRA Paper 34211, University Library of Munich, Germany.
    5. Robertson K. Tengeh & Linus Nkem, 2017. "Sustaining Immigrant Entrepreneurship in South Africa: The Role of Informal Financial Associations," Sustainability, MDPI, vol. 9(8), pages 1-16, August.

    More about this item

    Keywords

    entrepreneurship; start-up venture; innovation; angel investors; venture capital;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aes:amfeco:v:11:y:2009:i:26:p:597-605. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Valentin Dumitru (email available below). General contact details of provider: https://edirc.repec.org/data/aseeero.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.