Average survival rates for start-ups are quite low, often because the entrepreneurs behind them lack the business skills to attract and partner with investors. Through this program, we are helping to help educate local entrepreneurs to learn as much as possible about what they must accomplish to successfully build and grow their company. This way, knowledge and experience in raising risk capital can be transferred to those that need the practical experience. |
From an annual perspective, total venture capital investments and the number of deals increased by 46% and 27%, respectively. The big investment opportunities are back, and so is the capital. |
This program is definitely needed and most welcome. We've done surveys of our clients and they say that red tape is one of their top three concerns. Anything that will prevent entrepreneurs from staying awake at night worrying about this kind of thing is great because they should really be focusing on more important matters, such as their marketing plans and attracting customers. |