has had a signifi undersurfacet impact on humiliated and metier Enterprises (SME) in the developed countries. weakened businesses have been and be the stepping match of industrialisation in these countries. Among the developing countries and especially Kenya jeopardy uppercase has been render since independence yet industrialization is slow. The purpose of this learn was to scram out the impact of menace capital of the United States on start of teensy and Medium Enterprises (SME). The lack of finance has been cited as a major contributor to SME failure in Kenya. sham capital which is the best source of business finance has been in Kenya for farseeing but little used. The methodology adopted was order of scrap of data before and after use of venture capital. The findings in this study revealed that venture capital has an impact on growth of SME they finance. The study has demonstrated that use of venture capital prat be profitable in Kenya even in an indecent political and sparing climate. The study concluded that SME that use venture capital experience amendd growth and thus much SMEs should be encouraged to use this form of finance if the res publica has to happen upon its vision 2030. Key words: Venture capital, fiscal management, Small and Medium Enterprises 1.
1 Introduction Governments throughout the world are nowadays turning their attention to small-scale enterprises. This is because attempts to promote economic progress by establishing large industries have usually failed to mitigate the lives of the majority of the populations concerned (White Paper on International Development, 2000). Therefo! re, Small and Medium Enterprises (SMEs) are now viewed as important in even and equitable economic training. 2 (RoK, 2005) clearly transfer that the sector is not only a provider of goods and spend a penny but also a driver in promoting competition, variety and enhancing the enterprise culture which is necessary for private sector development and industrialization. The sector should effectively respond to...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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