Dublin Core
Title
Evaluating the Impact of Venture Capital Fund on The Performance of Manufacturing Companies in Ghana; a Case Study of Beneficiaries Firms.
Creator
Ama Hughes-Lartey
Description
The study examines the impact of Venture Capital Fund on the Performance of Manufacturing Companies in Ghana, with focus on beneficiary companies of Venture capital.
Venture capital is generally considered as one of the business development funding options that allows for some flexibility and longevity of funds and for businesses to realise their full potentials of survival, profitability and growth.
The Venture Capital Trust Fund Act, 2004 (Act 680) was established as a trust fund to provide financial resources for the development and promotion of venture capital financing for SME’s in priority sectors of the economy. The study focused on manufacturing companies who have benefited from the Venture Capital Fund, as well as Ghana Venture Capital Trust Fund, these beneficiary companies include J&Q Industries, EKA Processing, Vestor Oil Mills, Natural Scientific and Asarco Foods.
In addition, the explanatory survey design will be used. This is due to the fact that the explanatory survey provides accurate portrayal of the characteristics, for instance opinions, abilities, belief and knowledge of a particular organization.
This design was purposely chosen to meet the objectives of the study.It was found out that it was not easy to come by a soft loan from a bank to start a business or continue existing ones.
It was against this background that this study was necessary to assess the prospects and essence of venture capital finance in Ghana and to develop recommendations on how the prospects could be sustained and improved.
The VC firms must also build close links with universities and research institutions to identify opportunities for technology-based new ventures.
Universities and research institutions are valuable sources of new technologies that can be used to realize the business opportunities identified in discussions with large corporations and other potential customers. Clear collaboration models are important
Venture capital is generally considered as one of the business development funding options that allows for some flexibility and longevity of funds and for businesses to realise their full potentials of survival, profitability and growth.
The Venture Capital Trust Fund Act, 2004 (Act 680) was established as a trust fund to provide financial resources for the development and promotion of venture capital financing for SME’s in priority sectors of the economy. The study focused on manufacturing companies who have benefited from the Venture Capital Fund, as well as Ghana Venture Capital Trust Fund, these beneficiary companies include J&Q Industries, EKA Processing, Vestor Oil Mills, Natural Scientific and Asarco Foods.
In addition, the explanatory survey design will be used. This is due to the fact that the explanatory survey provides accurate portrayal of the characteristics, for instance opinions, abilities, belief and knowledge of a particular organization.
This design was purposely chosen to meet the objectives of the study.It was found out that it was not easy to come by a soft loan from a bank to start a business or continue existing ones.
It was against this background that this study was necessary to assess the prospects and essence of venture capital finance in Ghana and to develop recommendations on how the prospects could be sustained and improved.
The VC firms must also build close links with universities and research institutions to identify opportunities for technology-based new ventures.
Universities and research institutions are valuable sources of new technologies that can be used to realize the business opportunities identified in discussions with large corporations and other potential customers. Clear collaboration models are important
Subject
MBA FINANCE
Date
January, 2017
Format
PDF