Venture capital for financing of entrepreneurship and suggestions on Turkey applications

VENTURE CAPITAL FOR FINANCING OF ENTREPRENEURSHIP ANDSUGGESTIONS ON TURKEY APPL CAT ONSAlthough venture capital has been used as a financing instrument forentrepreneurship and innovation in developing countries. It hasn?t been widely knownin Turkey. Entrepreneurship is necessery in production of a new technology.Technology is important not only for creating a new business, but also for exsitingones.Since government incentives are not enough. One vital issue involved inentrepreneurship is financing of a new business. Therefore, there is a need forinstitutions that are Professional; risk takers and long term planners.Venture capital history goes back prior to Islam, but it?s modern applicationswere seen in U. S and then in other countries. Venture capital in U. S., is known aslong term investment in Europe.Many countries are in financing process of new technology and economy. Thegoal is creating maximum value added Technologies and products. Financing of thatgoal is high.With current financial methods small and medium sized business, in term ofworking capital are not beeing financied well enough. The best financing method forthose business is venture capital.Venture capital is a method used for financing long term projects from thebeggining. It?s applied by being a shareholder of a financied company. The next stepis selling the holding shares and generating income.