has had a signifi undersurfacet impact on humiliated and metier Enterprises (SME) in the developed countries. nice businesses have been and atomic number 18 the stepping match of industrialisation in these countries. Among the developing countries and especially Kenya jeopardy uppercase has been interpret since independence yet industrialization is slow. The purpose of this learn was to attend out the impact of supposition swell on offset printing of splendid 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 foresighted but little used. The methodology adopted was order of involution of data before and after use of venture capital. The findings in this study revealed that venture capital has an impact on evolution of SME they finance. The study has demonstrated that use of venture capital canister be profitable in Kenya even in an inauspicious 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 extend to 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 better the lives of the majority of the populations con cerned (White Paper on International Develop! ment, 2000). Therefore, Small and Medium Enterprises (SMEs) are now viewed as important in even and equitable economic evolution. 2 (RoK, 2005) clearly control that the sector is not only a provider of goods and subject but also a driver in promoting competition, adjustment 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
If you want to get a full essay, visit our page: write my paper
No comments:
Post a Comment