Publisher's Synopsis
Small- to medium-sized companies (SMES) often have problems raising relatively small sums of risk capital from the traditional, institutional providers. "Informal Venture Capital" sets out to provide the answer to this "equity gap". The editors have drawn on the expertise of contributors from around the world to explain the characteristics, operations and activities of the IVC market, and the informal/private investors (business angels) who provide the financing direct to new and growing businesses.