Finance Sources for Small and Growing Businesses in the UK
This essay discusses the current status of financing small and growing business in the UK and suggests new methods of financing.
# 128741 | 1,627 words | 15 sources | APA | 2010 |
Published on Aug 06, 2010 in Business (Finance, Investment and Banking) , Business (Small) , European Studies (General)
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This essay discusses potential financial sources for small and growing business in the UK in light of the slumping economy. The essay discusses traditional methods of financing a business including loans and grants; however, the essay sheds light on new methods of finance, specifically loans from Universities. It outlines the growing trend of University lending in the UK. The essay argues that the development of small business in the UK should be encouraged and not allowed to go under because of an economic slump.
From the Paper:"Most of the SMEs in the UK today are start-ups that have their basis in universities or they have found a way to fill a niche that had not previously been addressed. Because of this they are small but they are growing. Businesses that are first starting out and businesses that are growing and getting larger often cannot do it on their own and they are therefore looking for funding from virtually any and all sources. This has become a popular trend, and it is seen in Europe as well as in the United States. The governments of many areas are now encouraging arrangements between universities and industries because they see service to the industrial world and to society as well as being part of the university mission (Dahlqvist, Davidsson & Wiklund, 2000)."
Sample of Sources Used:
- Chrisman, J.J., Hynes, T., & Fraser, S. (1995). Faculty entrepreneurship and economic development: the case of the University of Calgary. Journal of Business Venturing, 10(4): 267-281.
- Collinson, S. & Gregson, G. (2003). Knowledge networks for new technology-based firms: an international comparison of local entrepreneurship promotion. R & D Management, 33(2): 189-208.
- Cooper, A. C. (1995). Challenges in predicting new venture performance. In: I. Bull, H. Thomas and G. Willard (Eds.) Entrepreneurship: Perspectives on Theory Building. London, Elsevier Science Ltd.
- Cooper, A.C. (1971) Spin-offs and technical entrepreneurship. IEEE Transactions on Engineering Management Vol. EM-18 (1) 2 - 6.
- Dahlqvist, J. & Davidsson, P. (2000). Business Start-up Reasons and Firm Performance. In:P. Reynolds, E. Autio, C. Brush, W. Bygrave, S. Manigart, H. Sapienza and K. G. Shaver(Eds.) Frontiers of Entrepreneurship Research 2000. Wellesley, MA, Babson College.
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Finance Sources for Small and Growing Businesses in the UK (2010, August 06) Retrieved February 25, 2021, from https://www.academon.com/term-paper/finance-sources-for-small-and-growing-businesses-in-the-uk-128741/
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