Picture of smart phone in human hand

World leading smartphone and mobile technology research at Strathclyde...

The Strathprints institutional repository is a digital archive of University of Strathclyde's Open Access research outputs. Strathprints provides access to thousands of Open Access research papers by University of Strathclyde researchers, including by Strathclyde researchers from the Department of Computer & Information Sciences involved in researching exciting new applications for mobile and smartphone technology. But the transformative application of mobile technologies is also the focus of research within disciplines as diverse as Electronic & Electrical Engineering, Marketing, Human Resource Management and Biomedical Enginering, among others.

Explore Strathclyde's Open Access research on smartphone technology now...

Investment readiness programmes and access to finance: a critical review of design issues

Mason, C.M. and Kwok, Jennifer (2010) Investment readiness programmes and access to finance: a critical review of design issues. Local Economy, 25 (4). pp. 269-292.

[img]
Preview
PDF
Download ([error in script]) | Preview
[img]
Preview
PDF (Investment_readiness_Programmes_and_Access_to_Finance_A_Critical_Review_of_Design_Issues.pdf)
Investment_readiness_Programmes_and_Access_to_Finance_A_Critical_Review_of_Design_Issues.pdf

Download (812kB) | Preview

Abstract

Access by SMEs to finance is constrained by demand-side weaknesses. Most businesses are not investment ready. Their owners are unwilling to seek external equity finance and those who are willing do not understand what equity investors are looking for or how to 'sell' themselves and their businesses to potential investors. These weaknesses, in turn, compromise the effectiveness of supply-side interventions, such as initiatives to stimulate business angels or which create public sector venture capital funds. This has highlighted the need for investment readiness programmes that seek to increase the pool of investable businesses. This paper reviews the design and delivery of investment readiness programmes in the UK and draws out lessons for best practice.