Business Incubators in Romania
Table of Contents
Introduction 4
Chapter 1. Financing Sources and Business Incubators 5
1.1. Financing Sources 5
1.1.1. Ways to raise money 5
1.1.2. How raising capital varies with a firm's life cycle 8
1.1.3. Conclusions 9
1.2. Business Incubators 10
1.3. Incubators in Romania 12
1.3.1. Overview 12
1.3.2. Legal Framework 12
Chapter 2. UNDP’s Business Incubators 20
2.1. The United Nations (UN) 20
2.2. The United Nations Development Programme (UNDP) 22
2.3. Establishment and Development of Business Incubators in Romania 23
2.4. Case Study – S.C. Box S.R.L. 25
Conclusions 35
References 36
Appendix 1. Business Plan – S.C. Box S.R.L. 38
List of Abbreviations
CV – Curriculum Vitae
E.g. – For example
EU – European Union
GD – Government Decision
GO – Government Order
I.e. – Id est
IPO – Initial Public Offering
MDG – Millennium Development Goal
NASMEC – National Agency for Small and Medium Sized Enterprises and Cooperation
NBIA – National Business Incubation Association
ROA – Return on Assets
ROE – Return on Equity
ROI – Return on Investment
R&D – Research and Development
SME – Small and Medium Enterprise
Sqm – Square meter(s)
SWOT Analysis – Strengths, Weaknesses, Opportunities, and Threats Analysis
UK – United Kingdom (United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK, or Britain)
UN – United Nations
UNDP – United Nations Development Programme
USA – United States of America
USD – Currency, Unites States of America Dollar
List of exhibits and figures
Figure 1: Consulting services offered by the incubators 18
Figure 2: The United Nations System 21
Figure 3: Profitability Ratios – S.C. Box S.R.L. 28
Figure 4: Liquidity Ratios – S.C. Box S.R.L. 29
Figure 5: Solvency Ratios – S.C. Box S.R.L. 30
Introduction
An entrepreneur has a great idea, maybe has even patented a
Introduction 4
Chapter 1. Financing Sources and Business Incubators 5
1.1. Financing Sources 5
1.1.1. Ways to raise money 5
1.1.2. How raising capital varies with a firm's life cycle 8
1.1.3. Conclusions 9
1.2. Business Incubators 10
1.3. Incubators in Romania 12
1.3.1. Overview 12
1.3.2. Legal Framework 12
Chapter 2. UNDP’s Business Incubators 20
2.1. The United Nations (UN) 20
2.2. The United Nations Development Programme (UNDP) 22
2.3. Establishment and Development of Business Incubators in Romania 23
2.4. Case Study – S.C. Box S.R.L. 25
Conclusions 35
References 36
Appendix 1. Business Plan – S.C. Box S.R.L. 38
List of Abbreviations
CV – Curriculum Vitae
E.g. – For example
EU – European Union
GD – Government Decision
GO – Government Order
I.e. – Id est
IPO – Initial Public Offering
MDG – Millennium Development Goal
NASMEC – National Agency for Small and Medium Sized Enterprises and Cooperation
NBIA – National Business Incubation Association
ROA – Return on Assets
ROE – Return on Equity
ROI – Return on Investment
R&D – Research and Development
SME – Small and Medium Enterprise
Sqm – Square meter(s)
SWOT Analysis – Strengths, Weaknesses, Opportunities, and Threats Analysis
UK – United Kingdom (United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK, or Britain)
UN – United Nations
UNDP – United Nations Development Programme
USA – United States of America
USD – Currency, Unites States of America Dollar
List of exhibits and figures
Figure 1: Consulting services offered by the incubators 18
Figure 2: The United Nations System 21
Figure 3: Profitability Ratios – S.C. Box S.R.L. 28
Figure 4: Liquidity Ratios – S.C. Box S.R.L. 29
Figure 5: Solvency Ratios – S.C. Box S.R.L. 30
Introduction
An entrepreneur has a great idea, maybe has even patented a