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<< Objectives >>This project is going to result in a mechanism of assessment of the various sources of capital available to SMEs and family-run businesses from 5 different EU jurisdictions.The web-based assessment of the SME user will achieve a better understanding of their financial needs and the types of capital structure requiredThe SME users will receive training on how to seek different sources of finance, as identified in the previous phase, and what their respective terms and conditions are.<< Implementation >>The activities will include research, assessment and analysis with the providers of capital in order to assess the products available by jurisdictiondesign and creation of a web-based self-assessment tool to allow SMEs to understand their financial requirements based on their input.design, creation, and dissemination of the web-based training tool that will help SMEs to better understand their businesses' financial and structural needs.The partners will meet transnationally.<< Results >>The project results will be an innovative and new approach to the issues faced by SMEs when seeking to raise finance, and will seek to give tangible and practical support to the SMEs in respect of better understanding of their business financial needs, as well as identifying sources of finance that would be available in their jurisdiction, as well as other EU jurisdictions participating in the project. The sources of finance identified will also divulge terms and conditions.
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