Hellenic Open University Conferences, International Conference on Business & Economics of the Hellenic Open University 2017

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Equity Crowdfunding - An Innovative Instrument for SME Financing: Challenges and Prospects for Greece
Paraskevi Vasileios Boufounou, Theodora Tsaimou

##manager.scheduler.building##: Titania
##manager.scheduler.room##: Platon
Date: 2017-04-22 09:00 AM – 10:45 AM
Last modified: 2017-04-11


This paper presents equity crowdfunding as a mechanism for financing SMEs and reviews and critically evaluates the international experience. Subsequently the potential challenges and prospects of introducing equity crowdfunding in the Greek SME market are presented by conducting a SWOT analysis. The findings indicate that equity crowdfunding can be an important innovative financing mechanism for the Greek SMEs during the current economic crisis.


Equity Crowdfunding, Innovative Financial Instruments, SME Financing

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