Role of various agencies in entrepreneurship development
Answers
For development and establishment of entrepreneurship, both government and private sector agencies have a major role in wide area of fields. Some of the roles of these agencies combined are listed here below:-
• Establishment – The agencies can prove helpful by helping the new entrepreneurs to get established within their business ventures.
• Funds – The agencies can offer new and old entrepreneurs to get access to funds and financial assistance for getting established.
• Market availability – The agencies via their research programmes can help the new entrepreneurs to gain control over the current market. This will prove helpful in getting established in the initial stages.
• Market trends – the agencies via their available networks can help the new entrepreneurs to get full knowledge related to the latest market trends and every growing demands for better products and services.