Abstract
The paper is devoted to the current and debatable problem of methodology of choosing the effective innovative enterprises for venture financing. A two-stage system of commercial innovation evaluation based on the UNIDO methodology is proposed. Engineering systems account for 25 to 40% of the cost of high-rise residential buildings. This proportion increases with the use of new construction technologies. Analysis of the construction market in Russia showed that the production of internal engineering systems elements based on innovative technologies has a growth trend. The production of simple elements is organized in small enterprises on the basis of new technologies. The most attractive for development is the use of venture financing of small innovative business. To improve the efficiency of these operations, the paper proposes a methodology for a two-stage evaluation of small business development projects. A two-stage system of commercial evaluation of innovative projects allows creating an information base for informed and coordinated decision-making on venture financing of enterprises that produce engineering systems elements for the construction business.
Highlights
Internal engineering systems and networks are the basis of the infrastructure of any construction site
Details and blocks of engineering systems are produced in small enterprises, as well as in divisions of medium and large companies in the construction business
It is considered that venture business is one of the most effective ways of financing innovative projects
Summary
Internal engineering systems and networks are the basis of the infrastructure of any construction site. Elements of these systems include units and blocks of sewerage systems, heating and power supply, automatic water fire extinguishing installations, fire water supply, details of "smart houses" and so on. Details and blocks of engineering systems are produced in small enterprises, as well as in divisions of medium and large companies in the construction business. Venture fund in exchange for its investments receives a stake in the authorized capital of an innovative enterprise and after a certain period of time comes out of it by "buyback": it sells its stake in the open market or to a strategic investor. Venture fund in exchange for its investments receives a stake in the authorized capital of an innovative enterprise and after a certain period of time comes out of it by "buyback": it sells its stake in the open market or to a strategic investor. [1,2,3,4,5,6,7,8,9]
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