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Navigating Financial Complexities: Accessing Capital for Sustainable Start-ups and Small Businesses; A Case Study in the Frisian Context

van der Veen, Justine (2024) Navigating Financial Complexities: Accessing Capital for Sustainable Start-ups and Small Businesses; A Case Study in the Frisian Context. Bachelor thesis, Global Responsibility & Leadership (GRL).

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Abstract

This study explores the mechanisms and challenges of accessing capital for sustainable start-ups and small businesses in Friesland. Through qualitative interviews with local entrepreneurs and financiers, we uncovered a complex financial landscape characterised by fragmentation, subsidy acquisition costs, loan financing challenges, and strategic regional positioning strategies. Entrepreneurs need help navigating this landscape, including securing subsidies amidst stringent criteria and paperwork requirements. Moreover, the financial pressure imposed by loans and the need for alignment between loan structures and sustainable business models present formidable challenges. However, utilising Friesland's unique assets and capabilities, collaborative efforts and innovative regional positioning offers opportunities for sustainable businesses to succeed. Despite these challenges, financiers are starting to recognise the value of sustainable entrepreneurship. The findings of this study underscore the importance of tailored approaches and collaborative efforts to address the complexities of financing sustainable entrepreneurship in Friesland.

Item Type: Thesis (Bachelor)
Name supervisor: Faber, N.R.
Date Deposited: 06 Jun 2024 11:50
Last Modified: 06 Jun 2024 11:50
URI: https://campus-fryslan.studenttheses.ub.rug.nl/id/eprint/448

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