IC5e 2015

International Conference on eBusiness, eCommerce, eManagement, eLearning and eGovernance 2015

 


IC5e 2015 Kokula Krishna Hari K
Publication Meta Value
Short Title IC5e 2015
Publisher ASDF, India
ISBN 13 978-81-929742-8-6
ISBN 10 81-929742-8-6
Language English
Type Hard Bound - Printed Book
Copyrights IC5e Organizers / DCRC, London, UK
Editor-in-Chief Kokula Krishna Hari K
Conference Dates 24 - 25, July 2015
Venue Country London, United Kingdom
Submitted Papers 417
Acceptance Rate 4.31%
Website www.ic5e.org

Paper 005


Venture capital for Entrepreneurs: Case study of Kingdom of Saudi Arabia

Venture capital for Entrepreneurs: Case study of Kingdom of Saudi Arabia

Muhammad Moinuddin Qazi Abro1

1Saud University, Saudi Arabia

Abstract

The issue of getting finances for the small businesses and entrepreneurs is always been in debate and remain unresolved in the developing countries due to unavailability of qualified venture capitalists. The developing and emerging economies set the micro finance banks for this purpose, however, it is argued that the owner and entrepreneur faces many problems like collaterals, documentation, etc. This research focuses on the role of financial banks in promoting the small business and entrepreneurial culture in the Saudi Arabia in providing credit. The research applied a mixed methodology and at the first stage, qualitative data is collected and then the results of these structured interviews were used to construct a survey questionnaire for the quantitative analysis. The result of study shows that the levels of business cooperation and information sharing and quality of business have an important significance on the success of loan application. Furthermore, the results also support that the bureaucracy of bank in terms of loan documents requirement and loan evaluation procedure can make small business hesitate when applying for loans.

Author's Profile

Muhammad Moinuddin Qazi Abro : Profile

Cite this Article as Follows

Muhammad Moinuddin Qazi Abro. “Venture capital for Entrepreneurs: Case study of Kingdom of Saudi Arabia.” International Conference on eBusiness, eCommerce, eManagement, eLearning and eGovernance (2015): 50-57. Print.