Assessment of establishment and operations under market conditions for a public equity fund

The government of Slovenia established a publicly funded venture capital fund in order to provide start-up finance for small companies. The fund was meant to fill in the market gap in early-stage equity finance supply. The fund is co-financed from EU structural funds and has to comply with strict re...

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Main Author: Jaka Vadnjal
Format: Article
Language:English
Published: University of Ljubljana Press (Založba Univerze v Ljubljani) 2009-10-01
Series:Central European Public Administration Review
Subjects:
Online Access:https://journals.uni-lj.si/CEPAR/article/view/20286
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author Jaka Vadnjal
author_facet Jaka Vadnjal
author_sort Jaka Vadnjal
collection DOAJ
description The government of Slovenia established a publicly funded venture capital fund in order to provide start-up finance for small companies. The fund was meant to fill in the market gap in early-stage equity finance supply. The fund is co-financed from EU structural funds and has to comply with strict regulation regarding possibility of market distortion from such measure. The objective of the study is to give a straightforward answer whether the public fund will behave within the equity market conditions or will impose an unloyal competition to the existing privately financed funds. In accordance to this, an evaluation is given advising that the public fund should not be regarded as a state-aid measure.
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institution Kabale University
issn 2591-2240
2591-2259
language English
publishDate 2009-10-01
publisher University of Ljubljana Press (Založba Univerze v Ljubljani)
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series Central European Public Administration Review
spelling doaj-art-3735499b1b4b4bbda943e3cd22ff03622025-01-22T10:56:08ZengUniversity of Ljubljana Press (Založba Univerze v Ljubljani)Central European Public Administration Review2591-22402591-22592009-10-017310.17573/cepar.v7i3.134Assessment of establishment and operations under market conditions for a public equity fundJaka VadnjalThe government of Slovenia established a publicly funded venture capital fund in order to provide start-up finance for small companies. The fund was meant to fill in the market gap in early-stage equity finance supply. The fund is co-financed from EU structural funds and has to comply with strict regulation regarding possibility of market distortion from such measure. The objective of the study is to give a straightforward answer whether the public fund will behave within the equity market conditions or will impose an unloyal competition to the existing privately financed funds. In accordance to this, an evaluation is given advising that the public fund should not be regarded as a state-aid measure.https://journals.uni-lj.si/CEPAR/article/view/20286venture capitalSMEsfund management companystate aidmarket conditions
spellingShingle Jaka Vadnjal
Assessment of establishment and operations under market conditions for a public equity fund
Central European Public Administration Review
venture capital
SMEs
fund management company
state aid
market conditions
title Assessment of establishment and operations under market conditions for a public equity fund
title_full Assessment of establishment and operations under market conditions for a public equity fund
title_fullStr Assessment of establishment and operations under market conditions for a public equity fund
title_full_unstemmed Assessment of establishment and operations under market conditions for a public equity fund
title_short Assessment of establishment and operations under market conditions for a public equity fund
title_sort assessment of establishment and operations under market conditions for a public equity fund
topic venture capital
SMEs
fund management company
state aid
market conditions
url https://journals.uni-lj.si/CEPAR/article/view/20286
work_keys_str_mv AT jakavadnjal assessmentofestablishmentandoperationsundermarketconditionsforapublicequityfund