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HOW: potential sources of funds for a small-medium sized crypto asset marketplaces are:
Bank Loans; Low Interest Loan Schemes; Commercial Credit; Equity financing; Business
Angels venture capital. Having a robust Business Plan and financial guarantees are essential
elements for securing funding. The European Investment Fund (EIF) of the European
Investment Bank (EIB), offers support in the form of guarantees for SMEs.
quoted from wp
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The turnover of such an enterprise however, because of the high value of the end product,
is likely to be more than e350,000 a year and could be several times higher. A business of
this scale lends itself to the following possible company structures: A simple partnership;
A limited company; A non-profit company or social enterprise; A worker co-operative.
Financial Agencies are potential key actors, but the type of business they can set up will
depend on their legal status which does vary from country to country.
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#REPORT (Week 6| 08- 14) July
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