Business Angels – Possible Source of Finance for the Development of the Company in Conditions of Sustainable Development and Corporate Social Responsibility

Abstract

The aim of this paper is to present business angels as possible source of finance for the development of small innovative companies in the conditions of corporate social responsibility (CSR) and sustainable development. In the first part of this paper, we describe concept of corporate social responsibility and emphasize its importance. Later we define who is a business angel and explain why we believe that business angels are suitable type of finance for the development of small innovative socially responsible companies. We give three main arguments in order to support this idea.