Name and discuss four functions of funding agencies for entrepreneurship
Answers
This question has already been answered by Adwaitm at https://brainly.in/question/8217518.
South African government funding and grants are focused on providing funding for business ventures that can make a difference to the economy.
Department of Trade and Industry (DTI) ...
National Empowerment Fund (NEF) ...
National Youth Development Agency (NYDA) ...
Industrial Development Corporation (IDC) ...
KZN Growth Fund.
"Funding agencies are an important aspect when it comes to entrepreneurship, especially in the field of startups.
Newly found companies and startups often need a steady source of capital to get their business entity off the ground, and funding agencies provide a good option for them to do that.
They also provide a line of credit, in cases where the startups want to expand after their initial success. Furthermore, the added capital helps them in fulfilling more orders and build a customer base.
"