EVALUATION OF PUBLIC SUPPORT PROGRAMMES IN FINANCING OF SMALL AND MEDIUM – SIZED ENTERPRISES Cover Image

EVALUATION OF PUBLIC SUPPORT PROGRAMMES IN FINANCING OF SMALL AND MEDIUM – SIZED ENTERPRISES
EVALUATION OF PUBLIC SUPPORT PROGRAMMES IN FINANCING OF SMALL AND MEDIUM – SIZED ENTERPRISES

Author(s): Katarína Belanová
Subject(s): Economy, Business Economy / Management, Financial Markets
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Small and medium – sized enterprises;public support programmes;bank loans;
Summary/Abstract: Small and medium-sized enterprises are a key segment of the business sector in Slovakia, as well as the backbone of the economy and the basis for the country’s competitiveness. A favorable business environment and the provision of appropriate forms of support is an important prerequisite for the successful development of small and medium-sized enterprises because they usually have limited financial sources and significantly higher sensitivity to the existence of different barriers in business compared to large enterprises. Under the conditions of Slovakia, a number of support measures have been implemented, which direct or indirect aim is to support small and medium-sized enterprises. The aim of the article is to evaluate support programmes for SMEs in the SR and to propose measures to improve the support system.