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Entrepreneurship as Innovation and Problem Solving — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipEntrepreneurship as Innovation and Problem Solving4 Marks
Question
Enumerate three ways as to how incubators help start - ups get funding?
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Answer

Incubators help resident companies secure capital in a number of ways:
  • Connecting companies with angel investors (high-net-worth individual investors).
  • Working with companies to perfect venture capital presentations and connecting them to venture capitalists.
  • Assisting companies in applying for loans.
  • Assisting companies in accessing government agency (example NZTE, Technology NZ) business assistance grant programmes.

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