LENDING TO STARTUP BUSINESSES IN THE REPUBLIC OF NORTH MACEDONIA.

Startup businesses are becoming an increasingly common term in the business world. Millions of investments, large corporations, as well as the world's best experts are connected to the concept of startup businesses. The basis of this paper is to present the situation with lending startup businesses in the Republic of North Macedonia, through analysis of the situation and challenges of the startup ecosystem in the country, and through comparative analysis of the situation with lending startup businesses in certain Western Balkan countries. The aim was to determine whether the Republic of North Macedonia has made significant progress in support, and whether it has made the transition from traditional to new methods of financing. The scientific-research contribution of this paper is in a better understanding of the strategy of the state regarding the financing of entrepreneurial ventures. The presented and interpreted results could be a useful basis and incentive for further research on this and similar topics related to the initial stage at the state and regional level. [ABSTRACT FROM AUTHOR]