Entrepreneurship is a key driver of economic growth and has a wide array of benefits to both the entrepreneurs and the society. The ability of entrepreneurs to grow, expand and scale up their operations is to a large extent dependent on the availability of capital. This includes both financial and non-financial capital.
Access to capital is normally a daunting task, particularly in the early stages of growth of enterprises. Difficulties in access to capital in many instances discourage entrepreneurs, forcing them to abandon their entrepreneurial endeavours. This has an overall negative impact to the economy and dampens the spirit of would-be entrepreneurs.
