Abstract:

 In the article the feature of functioning of venture funds is examined as financial mediators at the market of financial services existence of which will be instrumental in activation of investment processes in a country. Research of this contract of financial institute needs the special attention how is comparatively new and by the studied not enough subject of market of financial services. As a result opening of advantages of functioning of venture fund as an investment mediator at the market of financial services. A conclusion is done also, that in order that the functional task of the venture investing (an assistance growth of concrete business or realization of innovative project is by the grant of certain amount of monies) was fully realized it is necessary to accept decision measures, above all things, from the side of the state. For the first sure shove in venture market development it is necessary to work out two fundamental problems: at first, the state must on legal principles protect rights for a venture investor in Ukraine; secondly, instrumental in the capability of fund market, in fact on such conditions a strategic investor independently will search a venture fund for allocation of capital. Consequently, it is necessary to provide transparency and effectiveness of legislative and tax spheres of adjusting the state in order that a venture capital really began to work as an investment instrument.

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