Εναλλακτικές μορφές χρηματοδότησης μικρομεσαίων επιχειρήσεων
Alternative funding sources for SMEs
KeywordsΜικρομεσαίες επιχειρήσεις ; Χρηματοδότηση ; Εναλλακτικές μορφές χρηματοδότησης ; ΜΜΕ ; Small businesses ; SMEs ; Funding of SME ; Alternative funding sources
The present diploma thesis addresses the issue of the funding of small and medium-sized enterprises through alternative funding sources. It is attempted a search and a brief presentation of the various alternative ways of funding that have existed and applied for several years, as well as, of the new alternative ways which have developed in recent years, due to the overall situation that prevails regarding the issue of the SMEs access to the necessary funds and the difficulties that SMEs have been experiencing as a result the economic crisis. The first chapter of this diploma thesis constitutes a general report to SMEs. It refers to the definition of the SMEs according to the European Committee, their characteristics and their contribution to the Greek economy. Subsequently, the second chapter constitutes a general introduction to the topic of this diploma thesis, presenting the types of funding as well as the necessities and the grounds for which a SME is seeking funding. Then follows the main body of the diploma thesis which consists of chapters 3 and 4, in which the alternative funding sources of the SMEs are analyzed. The 3rd chapter makes reference to the types of funding that have been active over the last decades and have demonstrated an increasing growth and preference among the SMEs. Moreover, the 3rd chapter presents the various types of these alternative sources, their specifications, the pros and cons of each one. As well as, it makes an indicative reference to certain enterprises or schemes which provide such alternative ways in Greece. Whereas, the 4th chapter presents the new alternative funding sources which have developed only in the last few years and are of great interest at global level. It also outlines the type in which each new alternative source of capital raising is carried out and the procedure which serves and provides funding to SMEs, as well. Additionally, it presents the advantages and disadvantages of each type. Finally, in the last chapter follows the practical part of the diploma thesis, which reports on the results of the sample survey conducted by means of a questionnaire with a view to investigating to what extent the Greek entrepreneurs are informed of the existence and usefulness of the alternative funding sources and how positive they are towards seeking funding through a certain alternative source in the future.