Can Venture Capital and Private Equity Work for You? Six Simple Steps to Guide SMEs in the Western Balkans

Access to finance is ranked as one of the constraints on businesses in the Western Balkans region (Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia). Across the region, up to 99 percent of enterprises are small or me...

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Main Authors: Bacaj, Zana, Hirata Barros, Ana Cristina
Format: Report
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/543911585889420393/Can-Venture-Capital-and-Private-Equity-Work-for-You-Six-Simple-Steps-to-Guide-SMEs-in-the-Western-Balkans
http://hdl.handle.net/10986/33560
id okr-10986-33560
recordtype oai_dc
spelling okr-10986-335602021-05-25T09:35:06Z Can Venture Capital and Private Equity Work for You? Six Simple Steps to Guide SMEs in the Western Balkans Bacaj, Zana Hirata Barros, Ana Cristina VENTURE CAPITAL PRIVATE EQUITY SMALL AND MEDIUM-SIZED ENTERPRISES SME FINANCE CORPORATE GOVERNANCE FINANCIAL STATEMENT PREPARATION PRIVATE INVESTMENT SEED CAPITAL Access to finance is ranked as one of the constraints on businesses in the Western Balkans region (Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia). Across the region, up to 99 percent of enterprises are small or medium-sized (SMEs). SMEs are a primary source of economic growth, innovation, and most importantly, job creation in the region. To attract funding from investors and grow their businesses successfully entrepreneurs need the necessary skills to become investment ready. However, in the Western Balkans, entrepreneurs lack investment readiness for different reasons, including lack of knowledge about the availability of external sources of finance; hesitation to surrender partial ownership and control of their business; and lack of knowledge of how to sell their ideas to potential investors. This guide is targeted at SME owners and managers of SMEs in the Western Balkans who are interested in developing their businesses and are considering whether venture capital (VC) and private equity (PE) could be an option. 2020-04-09T19:55:02Z 2020-04-09T19:55:02Z 2020-04-02 Report http://documents.worldbank.org/curated/en/543911585889420393/Can-Venture-Capital-and-Private-Equity-Work-for-You-Six-Simple-Steps-to-Guide-SMEs-in-the-Western-Balkans http://hdl.handle.net/10986/33560 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: PSD, Privatization and Industrial Policy Europe and Central Asia Eastern Europe
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic VENTURE CAPITAL
PRIVATE EQUITY
SMALL AND MEDIUM-SIZED ENTERPRISES
SME FINANCE
CORPORATE GOVERNANCE
FINANCIAL STATEMENT PREPARATION
PRIVATE INVESTMENT
SEED CAPITAL
spellingShingle VENTURE CAPITAL
PRIVATE EQUITY
SMALL AND MEDIUM-SIZED ENTERPRISES
SME FINANCE
CORPORATE GOVERNANCE
FINANCIAL STATEMENT PREPARATION
PRIVATE INVESTMENT
SEED CAPITAL
Bacaj, Zana
Hirata Barros, Ana Cristina
Can Venture Capital and Private Equity Work for You? Six Simple Steps to Guide SMEs in the Western Balkans
geographic_facet Europe and Central Asia
Eastern Europe
description Access to finance is ranked as one of the constraints on businesses in the Western Balkans region (Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia). Across the region, up to 99 percent of enterprises are small or medium-sized (SMEs). SMEs are a primary source of economic growth, innovation, and most importantly, job creation in the region. To attract funding from investors and grow their businesses successfully entrepreneurs need the necessary skills to become investment ready. However, in the Western Balkans, entrepreneurs lack investment readiness for different reasons, including lack of knowledge about the availability of external sources of finance; hesitation to surrender partial ownership and control of their business; and lack of knowledge of how to sell their ideas to potential investors. This guide is targeted at SME owners and managers of SMEs in the Western Balkans who are interested in developing their businesses and are considering whether venture capital (VC) and private equity (PE) could be an option.
format Report
author Bacaj, Zana
Hirata Barros, Ana Cristina
author_facet Bacaj, Zana
Hirata Barros, Ana Cristina
author_sort Bacaj, Zana
title Can Venture Capital and Private Equity Work for You? Six Simple Steps to Guide SMEs in the Western Balkans
title_short Can Venture Capital and Private Equity Work for You? Six Simple Steps to Guide SMEs in the Western Balkans
title_full Can Venture Capital and Private Equity Work for You? Six Simple Steps to Guide SMEs in the Western Balkans
title_fullStr Can Venture Capital and Private Equity Work for You? Six Simple Steps to Guide SMEs in the Western Balkans
title_full_unstemmed Can Venture Capital and Private Equity Work for You? Six Simple Steps to Guide SMEs in the Western Balkans
title_sort can venture capital and private equity work for you? six simple steps to guide smes in the western balkans
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/543911585889420393/Can-Venture-Capital-and-Private-Equity-Work-for-You-Six-Simple-Steps-to-Guide-SMEs-in-the-Western-Balkans
http://hdl.handle.net/10986/33560
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