Finance and Credit

Abstracting and Indexing

РИНЦ
Referativny Zhurnal VINITI RAS
Worldcat
LCCN Permalink
Google Scholar

Online available

Eastview
eLIBRARY.RU
Biblioclub

Home

Journals

Finance and Credit

25(409) - 2010 July

Funding sources for early-stage innovation companies

Vol. 16, Iss. 25, JULY 2010

Available online: 16 July 2010

Subject Heading: FINANCE MANAGEMENT

JEL Classification:

Kosov M.E. head of a chair «Tax trial and control», Russian State University of Trade and Economics, candidate of economics, docent
kosovme@mail.ru

Sigarev A.V. student of magister program «State policy and regulation», Lomonosov Moscow State University
alexsigarev@yandex.ru

It is generally accepted that the driving force of innovation development is small-scale business, since the considerable part of innovations is created in this sector of economy. Experience shows that the major obstacles to small firms’ development, especially with advanced technologies, are lack of financing as a result of high riskiness. This article provides detailed analyses of main funding sources for early-stage innovation companies, such as own funds, government programs, business incubators, science parks, venture funds, angel investors. Special attention is paid to competitions that give innovators the possibility to start up their business.

Keywords: innovations, innovation projects, financing, venture, venture funds, angel investors

View all articles of issue

ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

Journal current issue

Vol. 30, Iss. 4

April 2024