Table 7. Funding source selection... | Emerald Publishing

Table 7.

Funding source selection

Funding source selection	Sources of funding
Funding source selection	Development loan	Equity	Public grants
Applicability of the funding source to the concession funding strategy	High	High	Low
Rationale	• Debt funding is available on application • The investor’s ownership and/or dividends are not diluted • Loans have strict contractual obligatory requirements/terms irrespective of how the business is performing financially	• Availability of equity funding may be limited • Listed securities instruments are not available for concessions with a limited lifespan	Criteria for grants are generally stringent • Grants are rare. • Limited funding availability • No dilution of ownership

Funding source selection	Sources of funding
Funding source selection	Development loan	Equity	Public grants
Applicability of the funding source to the concession funding strategy	High	High	Low
Rationale	• Debt funding is available on application• The investor’s ownership and/or dividends are not diluted• Loans have strict contractual obligatory requirements/terms irrespective of how the business is performing financially	• Availability of equity funding may be limited• Listed securities instruments are not available for concessions with a limited lifespan	Criteria for grants are generally stringent• Grants are rare.• Limited funding availability• No dilution of ownership