Author (Corporate) | European Commission: DG Information Society |
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Publisher | EC |
Publication Date | September 2004 |
Content Type | News |
Access to finance continues to be an obstacle for Europe's innovative technology companies, despite the short-lived "dot-com" boom. European entrepreneurs still face fragmented and varying European financial markets, leaving them at a competitive disadvantage. This is especially true for the new Member States where the capital markets are immature. Therefore, most ambitious technology entrepreneurs must seek funding across Europe if they care to raise capital in sufficient amounts from resourceful investors. The required cross-border search clearly increases costs, legal and financial risks and the time-to-market. |
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Source Link | Link to Main Source http://ec.europa.eu/information_society/newsroom/cf/itemlongdetail.cfm?item_id=1313 |
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Subject Categories | Business and Industry |
Countries / Regions | Europe |