ABSTRACT

After reading this chapter, you should be able to:

Understand the specific issues for European micro, small and medium-sized enterprises with regard to their ability to access finance;

Have an overview of the issues surrounding delivery structures for debt and equity finance and how these relate to entrepreneurial imperatives;

Be aware of the specific situation for the financing of tourism in the European transition economies and the funding gaps that remain a significant barrier to the more effective development of small-scale tourism activity.