Entrepreneurs face challenges in accessing funding for their ventures from "summary" of Developments in Entrepreneurial Finance and Technology by Audretsch, David B.,Belitski, Maksim,Rejeb, Nada,Caiazza, Rosa
Accessing funding for their ventures is a critical challenge that entrepreneurs often encounter. This challenge arises due to various factors, including the high level of risk associated with entrepreneurship, the lack of collateral that entrepreneurs can provide to secure funding, and the information asymmetry between entrepreneurs and investors. One of the main reasons why entrepreneurs face challenges in accessing funding is the high level of risk inherent in entrepreneurial ventures. Investors are often hesitant to provide funding to entrepreneurs due to the uncertainty surrounding the success of their ventures. This risk aversion on the part of investors can make it difficult for entrepreneurs to secure the funding they need to start or grow their businesses.
Another factor that contributes to the challenge of accessing funding is the lack o...
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