000 02162nam a22002057a 4500
001 316299
005 20260707210421.0
008 210625b |||||||| |||| 00| 0 eng d
050 _aHG5738.W36 2020
100 _aNasongo, Samuel Wamocho Tumaini
_9412090
245 _aVenture capital in Kenya: restructuring the competition regulatory framework to aid venture capital financing of Small and Medium Enterprises/
_cWamocha Tumaini Nasongo Samuel
260 _aNairobi:
_bStrathmore University;
_c2020.
300 _aix,81p.
520 _aIn Kenya and around the globe SMEs have a proven track record as boosters of economic development by creating wealth and employment. They on the other hand face the major challenge of a lack financing since they have limited viable options where they can access financing, this study advances venture capital as a useful financing mechanism doubly beneficial to SMEs. In advocating for venture capital, its association with SMEs in Kenya is negatively affected by merger provisions within the competition laws that regulate the aspect of control. This thesis effectively argues that the merger regulations as contained in the Competition Act of Kenya, fail to account for venture capital activity in relation to the financing of SMEs. The thesis goes into detail expounding on the challenges the competition regulations raises that pertain to the venture capital sector. It finds that legal and regulatory competition policies that are scrutinized herein could possibly act as hindrances to the creation and development of venture capital companies in Kenya. This finding reflects positively on the hypothesis of the study, leading to the conclusion that restructuring the competition regulatory framework to better suit venture capital transactions would arguably benefit the venture capital sector and in turn aid SMEs and their dire need to access the adequate financing they require to grow and expand.
650 _2Regulatory framework
650 _2Venture capital
700 _aMalala, Joy
_cDr.
_eSupervisor
_9412091
856 _uhttps://su-plus.strathmore.edu/handle/11071/10221
942 _2lcc
_cTH
_uCK
_zLLM
999 _c316299
_d287555