Crowdfunding as an alternative financing solution for SMES in Algeria

Other Title(s)

التمويل الجماعي كحل بديل لتمويل المؤسسات الصغيرة و المتوسطة في الجزائر

Joint Authors

Ouguenoune, Hind
Salimah, Khadir Latifah

Source

Dirassat Journal Economic Issue

Issue

Vol. 12, Issue 2 (31 Dec. 2021), pp.415-431, 17 p.

Publisher

University of Laghouat Faculty of Economics Commercial and Management Sciences

Publication Date

2021-12-31

Country of Publication

Algeria

No. of Pages

17

Main Topic

Economy

Topics

Abstract EN

The purpose of this study is to present crowdfunding as a new financing alternative for SMEs, which, despite their small size, represent a major challenge for economic growth in Algeria.

Therefore, by offering several advantages compared to traditional bank financing, crowdfunding further encourages project leaders to implement their innovative ideas.

The crowdfunding present in the world has contributed to the financing of a significant number of emerging companies in the field of entrepreneurship.

Despite the rapid evolution of this new mode of financing, the crowdfunding is experiencing slow growth in the Maghreb countries in general and Algeria in particular.

This delay is due to the lack of awareness and initiatives on the part of the authorities.

Despite the effort made by the Algerian authorities through the complementary finance law of 2020 to regularize this mode of financing, Algeria will have to make even greater efforts to raise awareness of the use of this mode of financing.

American Psychological Association (APA)

Salimah, Khadir Latifah& Ouguenoune, Hind. 2021. Crowdfunding as an alternative financing solution for SMES in Algeria. Dirassat Journal Economic Issue،Vol. 12, no. 2, pp.415-431.
https://search.emarefa.net/detail/BIM-1234142

Modern Language Association (MLA)

Salimah, Khadir Latifah& Ouguenoune, Hind. Crowdfunding as an alternative financing solution for SMES in Algeria. Dirassat Journal Economic Issue Vol. 12, no. 2 (2021), pp.415-431.
https://search.emarefa.net/detail/BIM-1234142

American Medical Association (AMA)

Salimah, Khadir Latifah& Ouguenoune, Hind. Crowdfunding as an alternative financing solution for SMES in Algeria. Dirassat Journal Economic Issue. 2021. Vol. 12, no. 2, pp.415-431.
https://search.emarefa.net/detail/BIM-1234142

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references : p. 429-431

Record ID

BIM-1234142