Diplomová práce se zabývá problematikou realizace podnikatelského plánu za podpory strukturálních fondů Evropské Unie. V první části se zabývá shrnutím teoretických východisek pro práci. V druhé části poté samotným vytvořením podnikatelského plánu. Tato část obsahuje podnikatelský záměr, analýzu konkurence a trhu, potenciálních zákazníků, studii proveditelnosti a možnosti podpory ze strany EU. Výstupem práce je ucelený projekt.

The thesis is focused on project financing in the non-profit sphere. The paper deals with the financing of the project by spending irreversibly financial contribution from European Union funds. The sponsor of this ride is the town of Piešťany. The goal of this project is the realization of building a business incubator.

The work deals with the determination of cash flows and evaluating the economic efficiency of a development project for the construction of residential buildings. The theoretical part explains the concepts of economic efficiency and putting their indicators, describes the business plan development activities and cash flows. The thesis also addressed the possibility of financing investment projects, as well as an analysis of the current situation of the Czech economy. In the practical part of the description is made of the entire completed project, determining the cash flows of the project and its subsequent evaluation and assessment of economic efficiency.

Выпускная квалификационная работа (магистерская диссертация) посвящена вопросам оценки потребности компании в проектном финансировании и инвестиционном кредитовании, что является условием развития экономических процессов во всей национальной экономике. Осуществление масштабных инвестиционных проектов должно быть подкреплено методологической базой, которая только формируется в России. Актуальность работы определяется высокими рисками, с которыми сопряжена реализация инвестиционного кредитования и проектного финансирования, что требует от инвестора применения всестороннего анализа и поиску путей нивелирования рисков. / Graduation qualification work (master's thesis) is devoted to the assessment of the company's need for project financing and investment lending, which is a prerequisite for the development of economic processes throughout the national economy. Implementation of large-scale investment projects should be supported by a methodological base that is only being formed in Russia. The urgency of the work is determined by the high risks associated with the implementation of investment lending and project financing, which requires the investor to apply a comprehensive analysis and search for ways to level risks.

В выпускной квалификационной работе (магистерской диссертации) проведен анализ ситуации по финансированию строительства метрополитена в Екатеринбурге; проведена оценка существующих программ финансирования исходя из разных по структуре инвестирования; предложена унифицированная модель финансирования строительства указанного объекта. Актуальность исследования определяется дискуссионностью вопроса о потенциальной необходимости строительства следующей очереди метрополитена; показана экономическая нецелесообразность и высокая социальная значимость этого пассажирского логистического объекта. Цель магистерской диссертации – оценка жизнеспособности модели финансирования строительства метрополитена в г. Екатеринбурге. / At this study, the analysis of the financing situation for the construction of the subway in Yekaterinburg was carried out; an assessment of existing financing programs was carried out based on different investment structures; proposed a unified model for financing the construction of the specified object. The relevance of the study is determined by the controversial nature of the question of the potential need for the construction of the next line of the metro; the economic inexpediency and high social significance of this passenger logistics facility are shown. The aim of the master's thesis is to assess the viability of the financing model for the construction of the subway in Yekaterinburg.

Thesis (MBA (Business Management))--Stellenbosch University, 2008. / ENGLISH ABSTRACT: Venture capital is a major source of funding for the entrepreneurial community and usually focuses on the early stage, more risk orientated business endeavours. This study explores and identifies the investment criteria used by South African venture capitalists in their venture screening and evaluation process and compares these criteria with the results obtained in similar studies abroad. By identifying the criteria that are deemed as important, venture capitalists can enhance their decision-making process and entrepreneurs can adjust their preparation for venture capital application to maximise their success rate. By alerting entrepreneurs of these criteria, some potentially flawed proposals can be corrected beforehand, hence enhancing the venture capital process for both the venture capitalist and the entrepreneur. By making use of a questionnaire, data was gathered from a population of 16 identified South African venture capitalists, of which 75% replied. The most important criteria was identified by evaluating the mean ratings assigned to them and was found to be, the entrepreneurs honesty and integrity, a good expected market acceptance and a high IRR. The data was further analysed using the Friedman two-way analysis of variance (ANOVA) by ranks test, the Sign test and factor analysis. It was found that the South African venture capitalists, just like their overseas counterparts, rate the entrepreneur and management team, as the most important category of criteria when evaluating new projects for investment. In addition, two lists of factors were identified by using factor analysis to reduce the criteria obtained from the questionnaire. / AFRIKAANSE OPSOMMING: Waagkapitaal is een van die belangrikste bronne van befondsing waarvan entrepreneurs gebruik kan maak. Dit fokus hoofsaaklik op besighede in 'n vroeë besigheid lewensiklus, waar hoër risiko aan die orde van die dag is. Hierdie studie identifiseer en analiseer die beleggings maatstawwe wat gebruik word vir waagkapitaal belegging besluitneming in Suid-Afrika en vergelyk die resultate met soortgelyke studies wat reeds in die buiteland uitgevoer is. Die besluitnemingsproses vir die waagkapitalis kan ook vergemaklik word deur die identifisering van die mees belangrikste maatstawwe en terselfdertyd kan entrepreneurs dit ook gebruik vir beter voorbereiding in hul aansoek om waagkapitaal. Deur entrepreneurs se aandag op die belangrike faktore te vestig kan potensiële swak voorleggings vroegtydig gekorrigeer word, wat 'n positiewe bydrae sal lewer tot die beleggingsproses vir beide die waagkapitalis en die entrepreneur. Daar is gebruik gemaak van 'n vraelys wat gestuur is aan 16 Suid-Afrikaanse waagkapitaal beleggers, 75% het die vraelys voltooi. Deur vergelyking van die gemiddelde waardes is vasgestel dat die belangrikste maatstawwe die entrepreneur se eerlikheid en integriteit, goeie verwagte aanvaarding en aanvraag na die produk en 'n hoë “IRR” is, daarna is die data geanaliseer deur middel van die “Friedman two-way analysis of variance (ANOVA) by ranks test”, die ”Sign test” en “factor analysis”. Daar is bevind dat die Suid-Afrikaanse waagkapitalis net soos sy oorsese eweknie, die entrepreneur en bestuurspan as die mees belangrikste afdeling van maatstawwe ag wanneer gekyk word na nuwe projekte vir beleggings. Daar is ook twee addisionele lyste van belangrike maatstawwe opgestel deur die aantal faktore te verminder deur faktor analise.

My thesis is focused on Project Financing of Investment Projects in the field of Renewable Energy Resources. The theoretical section, see Chapter Two, characterises the nature of project financing, parties, principles for successful project financing, types of capital invested in projects and their resources, risks, guarantees and securities. The practical (third) part of the thesis is oriented to specifics of project financing of Renewable Energy Resources. First of all principles for the assessment both of project bearers and projects in terms of quality are specified. Furthermore, principals for the assessment of financial terms of projects are given. The fourth and concurrently the final Chapter analyses a particular project in the field of renewable energy resources mostly from the financial point of view.

El presente trabajo de investigación tiene como objetivo comparar las estrategias de financiamiento Corporate Finance y Project Finance desde la perspectiva de generación de valor, así como de sus beneficios y riesgos, en los proyectos de infraestructura del sector de transmisión eléctrica en el Perú, más específicamente en el proyecto Tesur 3; y surge como respuesta al requerimiento de mayores estudios de tipo casuístico en nuestra región, así como a la necesidad de incentivar la inversión privada en dicho sector. En ese sentido, primero realiza una revisión de la literatura financiera identificando que, desde hace unas décadas, para los proyectos de infraestructura intensivos en capital se prefiere el financiamiento a través de Project Finance debido a que sus características peculiares, tales como la estructura fuera de balance, el alto nivel de apalancamiento y la repartición de riesgos a través de su estructura contractual, se ajustan mejor a las necesidades de estas grandes inversiones de larga data; y posteriormente, se efectúa una comparación cuantitativa financiera bajo la modalidad de flujos de caja descontados APV al proyecto en mención, obteniendo que tanto a nivel determinístico como probabilístico, la estrategia Project Finance reporta mejores indicadores de rentabilidad VAN y TIR; coincidiendo notoriamente con los hallazgos del estado de la cuestión. Finalmente, se sugiere que las futuras líneas de investigación realicen los esfuerzos necesarios para concentrarse en un ámbito más local que siga incrementando la literatura regional y coadyuve a incentivar el desarrollo de mercados financieros nacionales para esta alternativa de financiamiento de infraestructura. / The objective of this research work is to compare the Corporate Finance and Project Finance financing strategies from the perspective of value generation, as well as their benefits and risks, in the infrastructure projects of the electricity transmission sector in Peru, specially in the Tesur 3 project; and it arises as an response to larger casuistic-type studies in our region, as well as the need to encourage private investment in this sector. In this sense, it first conducts a review of the financial literature in which it identifies that, since a few decades, for the capital intensive infrastructure projects it is preferred the financing through the Project Finance due to its peculiar characteristics, such as the structure out of the balance, the high level of leverage and the risk sharing through its contractual structure, it better fit the needs of these big long-standing investments; and later, a financial quantitative comparison is made under the APV discounted cash flow modality to the project in question, it is obtained that both at a deterministic and probabilistic level, the Project Finance strategy reports better profitability indicators which are NPV and IRR; coinciding conspicuously with the findings of the facts. Finally, it is suggested that future lines of research make the necessary efforts to focus on a more local sphere that continues to increase the regional literature and helps to encourage the development of national financial markets for this alternative of infrastructure financing. / Trabajo de investigación

This thesis deals with problems of financing of a sport facility reconstruction. The sport facility is sokol gym. The gym‘s owner is T. J. Sokol Ivanovice na Hané which has a form of non-profit organization. The thesis has discussed various options which are then evaluated. One of these options is financing through the states subsidy from the Ministry of Education, Youth and Sports.

The subject of the thes is is the development project AZ Tower, implemented by Brno developer PROPERITY Ltd. The thesis describes the process of construction, manager's work and management risks of the project. It also describes organizational structure of the company and project management process. The work also includes an analysis of the developer market in Brno, focusing mainly on logistics, office and residential development. The thesis tracks construction of new flats and property market development as well.