CONTEMPORARY ASPECTS OF THE PROJECT FINANCING OF ENTERPRENEURIAL ACTIVITY

Biser Krastev

Abstract


In recent years project financing is used widely in practice. It has established itself as an alternative form of financing of entrepreneurial activity. The project financing supports investment and enhances cooperation between economic agents involved in the investment process. The study describes different forms, techniques and sources of project financing used in the implementation of investment projects in various stages of their development. On the other side are analyzed trends in the evolution of volumes and structure of the global project finance and its separate forms and mechanisms of implementation. Finally is researched the role and importance of project financing for the development of business investment in global and national context.

Keywords


project finance, business angels, venture capital, mezzanine financing

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