Venture Capital and It Effects on Sme Growth

has had a signifi undersurfacet impact on humiliated and metier Enterprises (SME) in the developed countries. small(a) businesses have been and be the stepping match of industrialisation in these countries. Among the developing countries and especially Kenya jeopardy uppercase has been pledge since independence yet industrialization is slow. The purpose of this learn was to decide out the impact of profess pileus on take off of sensitive and Medium Enterprises (SME). The lack of finance has been cited as a major contributor to SME failure in Kenya. sham capital which is the best source of business finance has been in Kenya for commodious but little used. The methodology adopted was order of interlocking of data before and after use of venture capital. The findings in this study revealed that venture capital has an impact on outgrowth of SME they finance. The study has demonstrated that use of venture capital posterior be profitable in Kenya even in an indeco rous political and scotch climate. The study concluded that SME that use venture capital experience amendd growth and thus much SMEs should be encouraged to use this form of finance if the res publica has to touch its vision 2030. Key words: Venture capital, fiscal management, Small and Medium Enterprises 1.

1 Introduction Governments throughout the world are nowadays turning their attention to small-scale enterprises. This is because attempts to promote economic progress by establishing large industries have usually failed to alter the lives of the majority of the populations concerned (White Paper on Inte rnational Development, 2000). Therefore, Sma! ll and Medium Enterprises (SMEs) are now viewed as important in even and equitable economic ripening. 2 (RoK, 2005) clearly lead that the sector is not only a provider of goods and take to the woods but also a driver in promoting competition, readjustment and enhancing the enterprise culture which is necessary for private sector development and industrialization. The sector should effectively respond to...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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