Źródła finansowania start-upów w Niemczech
Sources of startup financing in Germany

Summary/Abstract: The article defines startup as a young, innovative enterprise operating on markets with high growth prospects. In order to cope with maintaining the market and growth, new companies depend on adequate financing. The appropriate financing instruments and individual groups of investors are discussed in more detail in the theoretical part of this study. Demand for financial capital in which a startup operates is strongly related to the life cycle, the size of the enterprise and its headquarters. The aim of the considerations taken in this article was to analyze the problems and causes related to the financing of startups. In addition, there were presented relationships between individual phases of a company’s life and available sources of financing. The observations made can be a valuable contribution to the discussion on effective startup funding instruments and current restrictions and difficulties in quick capital acquisition. The sources of empirical data were reports and articles on the financing of startups in Germany.

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