Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-13-Speech-4-268-187"

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"en.20120913.29.4-268-187"2
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"At a time when the capital available for banks to support business investments is increasingly scarce, other funding prospects take on greater importance. As such, venture capital provides finance to undertakings that are generally very small, in the initial stages of their corporate existence, and which display a strong potential for growth and expansion. I am voting for this report as I understand that venture capital funds provide undertakings with valuable expertise and knowledge, contribute to the creation of jobs and capital mobilisation, foster the establishment and expansion of innovative undertakings, increase their investment in research and development, and foster entrepreneurship, innovation and competitiveness in line with the objectives of the Europe 2020 strategy. I believe that the process of creating a European venture capital fund should be as quick as possible, in order to ease the costs of establishing new funds in the market."@en1

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