Question

discuss the role of Venture Capitalists in formation nation building and economic activities.

Please answer at least five lines.

Answer 1

Role of Venture Capitalist in formation nation building and economic activities include;

1. Venture Capitalists provides funds to start-ups and emerging companies that have deemed to have high growth potential in fuiture. This encourages others to become entrepreneurs through demonstration effect, thus helps in enhacing nation's economy.
2. Venture Capital also paves a way for private and public sectors to build an institution that create business networks for new indusries so that they can grow and develop.
3. Ventur Capitalists also have societal impactss such as helps in generating employment,
4. The Venture Capital firm helps early stage entrepreneurs in many ways including : finance, technical expertise, strategic partnership and marketing for bran awareness.
5. As the money is invested by Venture Capitalist, so they also help as a management consultant for business, thus help in building better nation economy.