Contemporary approach to financing of enterprises requires taking a different point of view than just several years ago. Currently in Poland both enterprises and local governments can apply for European subsidies. This alternative source of cash for these subjects is cheaper and non-refundable. European funds have unfortunately many disadvantages, such as bureaucracy or ambiguity of applying papers. Author's own experience shows that despite of many disadvantages of European subsidies, enterprises and local governments should apply for those funds.
Dawid J. Szostek, Uniwersytet Mikolaja Kopernika w Toruniu, Wydzial Nauk Ekonomicznych i Zarzadzania, Katedra Marketingu, Handlu i Logistyki, ul. Gagarina 13, 87-100 Torun, Poland
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