Archived — Informal Equity Capital for SMEs: A review of Literature

Small Business, Tourism and Marketplace Services

Small Business and Tourism Branch

Informal Equity Capital for SMEs: A review of Literature

This report reviews the public literature regarding the supply of, and demand for, early stage equity from private (informal) investors. This work is intended to help inform the development of Industry Canada's plans for its Canadian field research on risk capital financing of SMEs in Canada. The particular study objectives are to review existing literature with a view to:

1. informing the development of Canadian public policy as it relates to enhancing access to risk capital by SMEs;
2. determining the role played by informal and corporate angel investors during the start-up and growth stages of SMEs and to identify barriers informal investors face when investing; and,
3. mapping SME owners' usage and perceptions of equity financing.

Date: 2000
Format: PDF
Catalogue number: Not applicable
ISBN: Not applicable

Available online only.