Equity Financing Alternatives for Small Business: A Review of Best Practices in the United States

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January 2000

Prepared for Industry Canada by Ted R. Heidrick and Russell R. Keddie

This review of best practices of equity financing alternatives for small and medium size enterprises (SME) in the United States has been prepared in order to assist Industry Canada in developing public policy regarding small business financing. The review uncovered a number of programs, policies and processes in place that have allowed the United States to be the world leader in new innovation and entrepreneurial activities.