Small innovative company’s valuation within venture capital financing of projects in the construction industry

Abstract

Abstract. The article is focused on the pressing and debatable challenge of venture capital business -the valuation of the company aimed to ensure the process of "buy-back" in the preparation of the agreement on the financing of start-ups in the Russian Federation. Exactly this stage of venture project evaluation occurs to be the most arguable among investors and founders of the company, because up to 40% of transactions fail at this stage. The materials of the article provide a set of simple methods to assess the value of the company, which is actually feasible in the early stages of design. The article considers the overall situation of development in recent years and the classification of the main types of external venture business in Russia, depending on the financial resources discussed to justify the proposals. The proposals are based on the experience of the authors in the field of business planning innovative projects and analysis of small innovative enterprises schemes based on investment stages. In the article, there is an example of economic indicators monitoring and calculation on start-up of special modules of electric systems, working in the construction business.

Innovative projects for sustainable development of cities (case of Saint-Petersburg)

“…According to the current "Strategy of economic and social development of St. Petersburg until 2030", from the sustainable development point, the main long-term principles are to increase the efficiency of social, human [22] and natural capital. The document addresses innovative projects oriented to sustainable development, such as: waste sorting, waste disposal, clean energy.…”

“…Under the sign of 2017 year of ecology a wide range of projects aimed at protecting the environment and forming a comfortable environment for the life of the city environment [23] was implemented (Table 3), including more than 70 areas: work on improving the hazardous waste recycling system, programs for repair and reconstruction of heat networks, reconstruction of boiler houses, exhibitions, forums, actions, competitions. Table 3.…”

The substantiation of methodical instrumentation to increase the tempo of high-rise construction in region

“…To assess the effectiveness of formed investment program, a system of indicators characterizing the increase in the availability of services and the trouble-free operation of fixed assets achieved as a result of the program implementation should be used [9,10]. Such indicators should be a characteristic of condition and development of communal infrastructure systems, operating conditions and parameters that are accessible to observation and measurement, providing the required level of quality.…”

Strategic map as a tool for increasing the investment attractiveness of the regional construction sector: case of the Murmansk region

“…A number of studies [5][6][7][8][9][10][11][12][13] discuss the overall macroeconomic impact of investment in housing construction in the entire Russian Federation as well as in its specific territories. Yolokhova and Kozonogov [5] established the mutual influence of the key economic indicators of the Russian regions on investment flows through mathematical evaluation of the mutual influence by correlation analysis of the indicators.…”

“…[12] offers to improve the organizational structures of construction companies based on modeling as a solution to the problem of increasing investment attractiveness. The article [13] considers the value-based management of construction companies as the key factor in investment attractiveness of the construction industry.…”