Financing SMEs in Poland with EU funding as a factor limiting capital barriers Cover Image

Finansowanie MŚP w Polsce ze środków finansowych UE jako czynnik ograniczający bariery kapitałowe
Financing SMEs in Poland with EU funding as a factor limiting capital barriers

Author(s): Paulina Filip
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: NEW EU MEMBER STATES; EURO; STRATEGIES

Summary/Abstract: Small and medium enterprises in Poland face many barriers. One of them is undoubtedly inadequate equity capital. The article presents the issue of using external sources of financing the development of small and medium enterprises in Poland. A point of reference of the conducted analyses are the currently existing huge possibilities of using EU structural funding. What has been presented are the EU funds that can be used by SMEs. The EU business funding is non-repayable and interest-free and therefore very advantageous. Despite any difficulties and barriers connected with bureaucracy, the first period of the Polish companies functioning in the EU structures, concerning the possibilities of acquiring the nonrepayable funding, has been quite successful. Funding streams from the EU became available to a few thousand of firms and contributed to the development of the enterprises.

  • Issue Year: 2011
  • Issue No: 168
  • Page Range: 110-118
  • Page Count: 9
  • Language: Polish