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Full text of this paper is not available in the ETD Center. Copies may be available for inter-library loan from University of Cincinnati or may be available for purchase from Proquest/UMI

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SMALL BUSINESS FINANCING PROGRAMS IN THE US AND THE POTENTIAL FOR THEIR APPLICATION IN UKRAINE

ZOZULYA, ANTONINA
http://rave.ohiolink.edu/etdc/view?acc_num=ucin990805676

Abstract Details

2001, MCP, University of Cincinnati, Design, Architecture, Art, and Planning : Community Planning.
The present research is devoted to small business financing programs in the United States with a view to formulating appropriate recommendations for Ukraine. Small businesses benefit the economy by employing a disproportionate number of people, if compared to larger companies. They also offer economic opportunities for women and the economically and socially disadvantaged. In addition, small companies act as a barometer of economic performance and shock absorbers in periods of economic recession. However, both in the United States and in Ukraine, the small business sector faces many challenges, particularly financial ones. Since Ukraine is moving toward a market economy, the development of the small business sector is one of its top priorities. However, the existing macroeconomic, market, administrative and legislative conditions are not conducive to business start-up and development. Furthermore, small business financing programs in Ukraine have not been fully developed and tested. As a result of this research, it has been proved that the financial framework of economic policy plays a crucial role in entrepreneurial and small business formation and growth. To overcome the small business problem of gaining access to traditional sources of financing, and thus, to assist them in meeting their financial needs at various stages, a variety of private and public sources, or a combination of the two has been created in the US. While traditional sources of financing have proved least effective and hard to obtain, such alternative sources as venture capital, mezzanine, and angel financing, as well as several government-sponsored federal, state, and local programs, have been found to be fairly effective. The 7(a) Loan Guarantee Program and the 504 Loan Program were accessed to be the most important lending programs in the US with the potential for being replicated in Ukraine.
DAVID EDELMAN (Advisor)
1 p.
Urban and Regional Planning
entrepreneurship; government small business financing; venture capital; angel financing; Ukraine

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Citations

  • ZOZULYA, A. (2001). SMALL BUSINESS FINANCING PROGRAMS IN THE US AND THE POTENTIAL FOR THEIR APPLICATION IN UKRAINE [Master's thesis, University of Cincinnati]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=ucin990805676

    APA Style (7th edition)

  • ZOZULYA, ANTONINA. SMALL BUSINESS FINANCING PROGRAMS IN THE US AND THE POTENTIAL FOR THEIR APPLICATION IN UKRAINE. 2001. University of Cincinnati, Master's thesis. OhioLINK Electronic Theses and Dissertations Center, http://rave.ohiolink.edu/etdc/view?acc_num=ucin990805676.

    MLA Style (8th edition)

  • ZOZULYA, ANTONINA. "SMALL BUSINESS FINANCING PROGRAMS IN THE US AND THE POTENTIAL FOR THEIR APPLICATION IN UKRAINE." Master's thesis, University of Cincinnati, 2001. http://rave.ohiolink.edu/etdc/view?acc_num=ucin990805676

    Chicago Manual of Style (17th edition)

ucin990805676
© 2001, all rights reserved.
This open access ETD is published by University of Cincinnati and OhioLINK.