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Micro venture capital - Definition and Overview |
| Related Words: Advance, Adventure, Affair, Arbitrage, Assay, Attack, Beard, Bet, Brave, Broach, Bucket |
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Micro venture capital financing invests in projects too small to attract the attention of more traditional venture capitalists. See venture capital.
Micro venture capital is one of the approaches adopted in Islamic economics as a substitute for interest-bearing loans, or riba, prohibited by the Koran.
It is also viewed by some as a promising sort of developmental aid. At the Indian Institute of Management at Ahmedabad, for example, Professor Anil Gupta has espoused a search for marketable inventions among India's poor. He believes their ingenuity is a resource that MVC can unlock.
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