Résumé:
This study aims at identifying the methods of developing the venture
capital as a mechanism to fund the small and middle-sized companies in
Algeria, it addresses the conceptual framework of SMEs and their financing
methods, as well as the general concepts of venture capital and how it
contributes to financing these enterprises, while also referring to international
examining the Algeria context.
Findings show that the small and middle-sized companies in Algeria did
not achieve the target results and that the venture capital is a modest
experience. Besides, the main obstacles that hinder the development of the
companies include the low number and weak experiences of the venture
capital companies, the entrepreneurs’ low awareness about this method, and
the intervention in the management of the companies that benefited from the
venture capital, the study also presents a set of recommendation aimed at
promomting the development of venture capital in Algeria.