Entrepreneurship Financing in Distressed Urban Areas: European Experience

This chapter examines financing entrepreneurship in European distressed urban areas. A “finance issue” is identified focused on the need to stimulate a wider range of external financing instruments in distressed urban areas. Particular attention is paid to financing of pre-activity, bank- SME round tables, mutual guarantee schemes, business angels and “love money” investments. At the same time an “entrepreneurship issue” must also addressed, by improving the overall climate of an area for fostering...