State finance

MINISTRY OF HIGHER AND SECONDARY SPECIAL
EDUCATION OF THE REPUBLIC OF UZBEKISTAN


TASHKENT INSTITUTE OF FINANCE



DEPARTMENT “STATE FINANCE”
SUBJECT OF “FINANCE”
COURSEWORK
Theme: Meaning, importance and foreign experience of startup
financing
Done by: Abdullayev Sardorbek Iftixor o’g’li
Student of MM-64i group


Coursework supervisor: sen. teach. Xidirov N.G’.


Tashkent-2021
Theme: Meaning, importance and foreign experience of startup financing
Plan:
INTRODUCTION.
1. Startup financing, its content and options for choosing right sources.
2. The role of startup companies in economic development and job creation.
3. Analysis of basic characteristics of European startups.
4. Main methods of startup funding used in European countries and their features.
CONCLUSION.
LIST OF REFERENCES.


INTRODUCTION.
Importance of the topic of the coursework. Without any doubt, we can call startups as main drivers of business world. So, learning essence of startups and types of startup financing is crucial for everyone interested in business. Any organization – large or small, public or private that has a stakeholder with expectations for business success should know how to assess and manage sources.
The aim of the coursework is to achieve the main goals set up to learn
enough data about the following themes:
The role of startup companies in economic development and job creation;
Analysis of basic characteristics of European startups;
Main methods of startup funding used in European countries and their features;
The object of the coursework – several studies on startup companies, main startup financing options used for many years and new directions for startups which can be effective in their further development.
Start-up companies are recently established companies or entrepreneurial ventures that are in the stage of development and market research. Briefly, startup is a human institution designed to create new products and services under conditions of extreme uncertainty.¹ The money raised by a new company to cover its initial costs is referred to as startup capital. In order to sell an idea to investors, entrepreneurs must first develop a solid business plan or design a prototype.
Venture capitalists, angel investors, banks, and other financial institutions may provide startup capital, which is typically a large sum of money that covers some or all of a company's major initial costs, such as inventory, licenses, office space, and product growth. The money is raised by an entrepreneur to underwrite the costs of a venture until it begins to turn a profit.
At the international level, more and more research is being conducted on the significance and methods of financing entrepreneurial projects (both formal and informal), especially during this time of intense globalization.
According to a study by Korostelevae and Mickiewicz (2010), financial liberalization has an effect on total financial investment in start-ups, whether they use external or internal funding sources.² The data from the Global Entrepreneurship Monitor research revealed that total investment in start-up companies depended on the country's economic growth at the level of 54 countries. Also, greater financial opportunities for investment in entrepreneurial activities are generated as GDP per capita rises.

1.