Programs of financial support to SMEs in Serbia by non-banking institutions
The development of small and medium-sized enterprises plays a key role in the recovery of Serbian economy. SMEs are the engine of economic development and the key factor to achieve economic stabilization and economic growth. For years the SME sector in Serbia is in a poor state, faced with numerous...
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Format: | Article |
Language: | English |
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Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
2017-01-01
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Series: | Trendovi u Poslovanju |
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Online Access: | http://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2017/2334-816X1701025R.pdf |
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author | Ravić Nenad Obradović Ivan |
author_facet | Ravić Nenad Obradović Ivan |
author_sort | Ravić Nenad |
collection | DOAJ |
description | The development of small and medium-sized enterprises plays a key role in the recovery of Serbian economy. SMEs are the engine of economic development and the key factor to achieve economic stabilization and economic growth. For years the SME sector in Serbia is in a poor state, faced with numerous problems. One of the biggest problems of local entrepreneurs is to find and provide the financial resources necessary to start a business, purchase necessary resources, ongoing maintenance of liquidity and investment operations, in order to achieve growth and business development. Bank loans are mostly expensive and difficult to access for entrepreneurs, which is why this problem is even more important. As an alternative to bank loans, there are programs of financial support to SMEs in Serbia, introduced by different institutions. This paper presents the analysis of such sources of funding for SMEs in Serbia. |
format | Article |
id | doaj-art-baae8f109a4b410c829e1d921fd00d65 |
institution | Kabale University |
issn | 2334-816X 2334-8356 |
language | English |
publishDate | 2017-01-01 |
publisher | Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac |
record_format | Article |
series | Trendovi u Poslovanju |
spelling | doaj-art-baae8f109a4b410c829e1d921fd00d652025-02-10T19:38:25ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562017-01-0151253210.5937/trendpos1701025R2334-816X1701025RPrograms of financial support to SMEs in Serbia by non-banking institutionsRavić Nenad0Obradović Ivan1Visoka škola za poslovnu ekonomiju i preduzetništvo, BeogradVisoka poslovna škola strukovnih studija “Prof. dr Radomir Bojković”, KruševacThe development of small and medium-sized enterprises plays a key role in the recovery of Serbian economy. SMEs are the engine of economic development and the key factor to achieve economic stabilization and economic growth. For years the SME sector in Serbia is in a poor state, faced with numerous problems. One of the biggest problems of local entrepreneurs is to find and provide the financial resources necessary to start a business, purchase necessary resources, ongoing maintenance of liquidity and investment operations, in order to achieve growth and business development. Bank loans are mostly expensive and difficult to access for entrepreneurs, which is why this problem is even more important. As an alternative to bank loans, there are programs of financial support to SMEs in Serbia, introduced by different institutions. This paper presents the analysis of such sources of funding for SMEs in Serbia.http://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2017/2334-816X1701025R.pdfsmall and medium-sized enterprisesprograms of financial supportcompetition |
spellingShingle | Ravić Nenad Obradović Ivan Programs of financial support to SMEs in Serbia by non-banking institutions Trendovi u Poslovanju small and medium-sized enterprises programs of financial support competition |
title | Programs of financial support to SMEs in Serbia by non-banking institutions |
title_full | Programs of financial support to SMEs in Serbia by non-banking institutions |
title_fullStr | Programs of financial support to SMEs in Serbia by non-banking institutions |
title_full_unstemmed | Programs of financial support to SMEs in Serbia by non-banking institutions |
title_short | Programs of financial support to SMEs in Serbia by non-banking institutions |
title_sort | programs of financial support to smes in serbia by non banking institutions |
topic | small and medium-sized enterprises programs of financial support competition |
url | http://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2017/2334-816X1701025R.pdf |
work_keys_str_mv | AT ravicnenad programsoffinancialsupporttosmesinserbiabynonbankinginstitutions AT obradovicivan programsoffinancialsupporttosmesinserbiabynonbankinginstitutions |