Financing for new technology-based firms in Brussels

Bibliographic Data

ID16897104
AuthorsNicolas Pary (UCLouvain Saint-Louis Brussels, corresponding author), Olivier Witmeur (0000-0002-8644-3608, UCLouvain Saint-Louis Brussels)
Year2019
Publication date2019-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueBrussels Studies (JOURNAL)
Journal identifiersISSN: 2031-0293 • E-ISSN: 2031-0293
PublisherOpenEdition (PUBLISHER)
DOI10.4000/brussels.2227
OpenAlexW2912445475
LanguageEN
References cited16

New technology-based firms are sometimes faced with financing difficulties and are able to count on various schemes and public aid to help them in their start-up phase. In this article, through case studies, we examine the ways in which entrepreneurs in Brussels have obtained financing and, in particular, their use of public schemes. We end with the description of an efficient system in which, nevertheless, the numerous grants are sometimes diverted from their objective. Based on these results and a focus group with stakeholders in the field, we discuss recommendations by insisting on the importance of a revision of grants in order to limit deadweight effects, a refinancing of investment structures and public loans, and better general coordination of these schemes

Business · Economics · Investment (military · Limit (mathematics · Order (exchange · Political science · Public economics · Public finance · Public fund · Public investment · Entrepreneurship Studies and Influences · Firm Innovation and Growth · Private Equity and Venture Capital · Finance

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