제1장 연구개요···········································································1
1. 연구배경 및 목적································································· 1
1) 연구배경 ·········································································· 1
2) 연구의 목적······································································ 3
2. 연구범위 및 연구방법························································· 4
1) 연구범위············································································ 4
2) 연구방법············································································ 4
제2장 창업지원펀드와 정책펀드 사례···································5
1. 창업자금 생태계··································································· 5
1) 창업··················································································· 5
2) 창업자금 생태계······························································· 7
2. 창업지원펀드······································································ 12
1) 펀드의 개념···································································· 12
2) 창업지원펀드·································································· 13
3. 정책펀드 조성사례····························································· 19
1) 성장사다리펀드 ··························································· 19
2) 한국모태펀드·································································· 25
3) 농식품모태펀드······························································· 28
4) 서울특별시의 정책펀드················································· 33
5) 시사점·············································································· 37
제3장 부산지역 창업지원펀드의 여건 분석 ······················39
1. 정책여건·············································································· 39
1) 부산의 창업자금 지원제도············································ 39
2) 펀드관리 부서와 담당 인력·········································· 42
3) 부산광역시의 펀드 조성 현황······································ 43
2. 시장여건·············································································· 44
1) 창업투자회사와 운용펀드·············································· 44
2) 투자대상 기업현황························································· 46
3. 창업지원펀드의 성과 분석··············································· 50
1) 투자펀드의 실적····························································· 50
2) 실적종합·········································································· 55
4. 시사점················································································· 58
1) 펀드 운영 : 기술창업지원 생태계의 개선·················· 58
2) 시장 여건 : 지역창투사와 기술창업의 적극 지원···· 59
제4장 기술창업지원펀드의 효율적 운영방안······················63
1. 운영방향 ············································································ 63
1) 기술창업지원자금의 생태계 개선································ 63
2) 기술창업지원과 투자여건 개선···································· 64
2. 효율적 운영방안 ······························································· 65
1) 기술창업지원자금의 생태계 개선································ 65
(1) 펀드투자기금 조성···················································· 65
(2) 부산광역시 펀드투자의 관리 일원화····················· 69
(3) 부산형 모태펀드의 구상·········································· 70
2) 기술창업지원과 투자여건 개선···································· 72
(1) 기술창업·벤처창업 초기단계 여건 개선················ 70
(2) 기술창업·벤처창업 성장단계 여건 개선················ 72
(3) 기술창업·벤처창업 회수/재창업 단계 여건 개선· 73
(4) 지역 벤처기업 사례의 홍보····································· 73
(5) 창투사의 투자 대상 신성장 기업 육성·················· 74
(6) 창업투자 전문 인력의 육성 ··································· 75
참고문헌 ····················································································78
<표 Ⅰ-1> 부산광역시 펀드의 자금조성 관련 조례 ················ 2
<표 Ⅱ-1> 창업형태에 따른 구분 ·············································· 5
<표 Ⅱ-2> 엔젤투자자, 크라우드펀딩 및 벤처캐피탈 ············· 9
<표 Ⅱ-3> 벤처캐피탈의 투자조합 유형 ································· 13
<표 Ⅱ-4> 중소기업 창업투자조합의 등록요건 ······················ 14
<표 Ⅱ-5> 중소기업창업투자회사의 업무 ······························· 15
<표 Ⅱ-6> 신기술창업전문회사의 업무 ··································· 16
<표 Ⅱ-7> 창업초기 전용 벤처캐피탈 펀드····························· 17
<표 Ⅱ-8> 연도별 조성 금액······················································ 20
<표 Ⅱ-9> 성장사다리 펀드의 하위펀드 ································· 22
<표 Ⅱ-10> 성장사다리 하위펀드 현황····································· 23
<표 Ⅱ-11> 모태조합 누적 재원 조성 현황 ··························· 24
<표 Ⅱ-12> 모태조합 자펀드 누적 결성액 및 투자 실적 ···· 26
<표 Ⅱ-13> 농식품모태펀드 조성 현황 ··································· 28
<표 Ⅱ-14> 특수목적펀드 대상 ················································ 30
<표 Ⅱ-15> 농수산식품 모태펀드 관리 사업 ························· 31
<표 Ⅱ-16> 펀드결성금액과 펀드 수········································ 32
<표 Ⅱ-17> 농식품 모태펀드 투자 실적··································· 33
<표 Ⅱ-18> 서울시 녹색기업 창업펀드····································· 34
<표 Ⅱ-19> 서울특별시 2016년 신규펀드 조성(안) ················ 35
<표 Ⅱ-20> 펀드 출자금····························································· 36
<표 Ⅱ-21> G밸리-플래티넘 청년창업 펀드의 투자대상······· 36
<표 Ⅱ-22> 정부 부처의 주요 정책펀드 ································· 37
<표 Ⅲ-1> 창업자금 지원제도···················································· 39
<표 Ⅲ-2> 펀드의 관리부서························································ 41
<표 Ⅲ-3> 펀드투자관리센터 주요 기능··································· 42
<표 Ⅲ-4> 부산광역시 부서별 펀드 운용 현황······················· 43
<표 Ⅲ-5> 부산지역 창업투자회사 현황 ································· 44
<표 Ⅲ-6> 부산광역시 운용중인 투자조합과 펀드 ················ 45
<표 Ⅲ-7> 주요 도시의 신설법인 동향····································· 46
<표 Ⅲ-8> 2013년 기준 기업의 생존율···································· 47
<표 Ⅲ-9> 주요 도시의 벤처기업 현황····································· 48
<표 Ⅲ-10> 부산지역 업종별 벤처기업 현황··························· 48
<표 Ⅲ-11> 기업 성장단계························································· 49
<표 Ⅲ-12> 운용 완료 투자조합 ·············································· 50
<표 Ⅲ-13> 최근 완료 투자조합 ············································ 52
<표 Ⅲ-14> 운용 중인 투자조합 ············································ 54
<표 Ⅲ-15> 부산지역 운용펀드의 실적 종합 ························· 56
<표 Ⅲ-16> 투자기업 성장 현황 ·············································· 57
<표 Ⅲ-17> 펀드의 연도별 회수예상액····································· 58
<표 Ⅳ-1> 기금 설치의 근거법률 ············································ 65
<표 Ⅳ-2> 부산광역시 운용펀드와 시비회수 예상액·············· 67
<표 Ⅳ-3> 권역별 벤처천억기업 분포······································· 76
<그림 Ⅱ-1> 창업생태계······························································· 7
<그림 Ⅱ-2> 창업단계별 자금조달 수단····································· 8
<그림 Ⅱ-3> 성장사다리펀드 구조(예시) ·································· 20
<그림 Ⅱ-4> 한국성장금융투자운용의 조직도·························· 21
<그림 Ⅱ-5> 모태조합 운용체계················································ 27
<그림 Ⅱ-6> 농식품모태펀드 운용체계····································· 32