Public Support Policy for the Informal Venture Capital in Europe and its Implications
Abstract：Informal Venture Capital is a non-intermediary venture capital to invest in the early stage of initiative enterprises, which has an important role in promoting entrepreneurship and innovation. Public policy for venture investment in Europe has experienced the evolution pathway that the initial focus of support was on enhancing the availability of loan finance through guarantee, then the focus shifted to the provision of venture capital, and then the focus turned to support the informal venture capital market. Public policy support for informal venture investment in Europe include six ways which are tax incentives, business angel networks, securities legislation, investment readiness, investor education and coinvestment schemes. These public support policies are beneficial enlightenment to our country. We should draw lessons from the experience of European countries, and vigorously develop informal venture capital market in China.
Keywords：informal venture capitalpublic supportpolicy
Publication Date：2012-01-01
Online Publishing Date：2025-08-15(First online date of this platform, not the publication date of the document)
Pages：5( 22-26 )