Function of funding agencies for entrepreneurship and doing business in south Africa
Answers
Answered by
1
The main important function for funding agencies for entrepreneur is :
1. Inculcating the spirit of 'ENTREPRENEURSHIP' in youth.
2. Youth participation in institutional
Building efforts.
3. Promoting micro enterprises at rural areas .
4. Augmenting the supply of competent entrepreneur through training.
5. Creating a multiplier effect on opportunity for self employment .
6. Developing new knowledge in entrepreneur theory.
7. Facilitating cooperate excellence through creating interaprenuers.
8. Collaborating with the organization to fulfill the above objectives.
The funding remains the biggest concern and challenge for entrepreneur.
Entrepreneur are largely self funding and they are not applying for funding because entrepreneur don't know where and how do this funding.
We can see the percentage so out of 100 , 73% of entrepreneur require funds to grow their business. , Some require less than 28% of R10,000 and 30% needed less than 50,000.
To grow our bussiness fast , five south African start up doing very clever things.
They providing user free gift card coupons for complete purchase and some other also do clever things.
1. Inculcating the spirit of 'ENTREPRENEURSHIP' in youth.
2. Youth participation in institutional
Building efforts.
3. Promoting micro enterprises at rural areas .
4. Augmenting the supply of competent entrepreneur through training.
5. Creating a multiplier effect on opportunity for self employment .
6. Developing new knowledge in entrepreneur theory.
7. Facilitating cooperate excellence through creating interaprenuers.
8. Collaborating with the organization to fulfill the above objectives.
The funding remains the biggest concern and challenge for entrepreneur.
Entrepreneur are largely self funding and they are not applying for funding because entrepreneur don't know where and how do this funding.
We can see the percentage so out of 100 , 73% of entrepreneur require funds to grow their business. , Some require less than 28% of R10,000 and 30% needed less than 50,000.
To grow our bussiness fast , five south African start up doing very clever things.
They providing user free gift card coupons for complete purchase and some other also do clever things.
Similar questions