Implications of financial institution support for women’s business projects (original) (raw)

ESIC MARKET Economic and Business Journal, 2014

Abstract

Business women and their companies, powerful drivers of international economic development, are characterised by certain idiosyncrasies. The present study aimed to analyse the effect of financial support for female entrepreneurship on the number and characteristics of such endeavours. Data for 2005-2012 drawn from the database of new company projects financed by AVALMADRID SGR were analysed with univariate and bivariate methods. The findings revealed differences between female and male entrepreneurship and showed that women’s business activities are more intense when specific support is available from financial institutions. Keywords: Women, entrepreneurship, financing, Spanish Mutual Guarantee Institutions (SGR), Guarantee Scheme, regression model, SMEs.

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