What Are the Challenges in Addressing the Funding Gap?
While there are several strategies to bridge the funding gap, entrepreneurs often face significant challenges:
High Competition: Many startups are vying for the same pool of funds, making it difficult to stand out. Regulatory Hurdles: Navigating the legal and regulatory landscape can be complex and costly. Lack of Experience: Many entrepreneurs lack the experience or knowledge needed to effectively pitch to investors. Economic Factors: External economic conditions can impact the availability of funding.