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Financial Tool for SME Competitivity Increase

Author

Listed:
  • Mateescu Mihaela

    () (Teacher Training Center)

  • Suba Gabriela

    () (CEIS Romanian Academy)

  • Glod Alina

    () (CCFM Romanian Academy)

Abstract

Financing through a bank loan, commercial or other type of financing can be quite costly for a micro-enterprise or an SME, therefore accessing funding through the Community initiative JEREMIE can prove its usefulness. Thus, in this article we will present modus operandi of the program JEREMIE which, by its revolving, leverage and multiplying nature, using a portfolio of financial instruments created specifically to enable an easier access to capital, will facilitate the increase of small enterprises competitiveness in Romania.

Suggested Citation

  • Mateescu Mihaela & Suba Gabriela & Glod Alina, 2011. "Financial Tool for SME Competitivity Increase," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1244-1248, May.
  • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:1244-1248
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    More about this item

    Keywords

    JEREMIE; financing policies; Structural Funds; entrepreneurship;

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • H81 - Public Economics - - Miscellaneous Issues - - - Governmental Loans; Loan Guarantees; Credits; Grants; Bailouts
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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