Financial Entrepreneurship – Role of Government Schemes, Banks, and Venture Capital
Keywords:
Financial EntrepreneurshipAbstract
This paper examines the crucial role of government schemes, banks, and venture capital in supporting financial entrepreneurship in India. Entrepreneurship drives economic growth and innovation, but access to finance remains a major challenge. The study explores how these financial enablers impact entrepreneurial development.
Using secondary data and analytical methods, it reviews programs like MUDRA Yojana and Start-Up India, the role of banks in credit provision, and the contribution of venture capital in funding and mentoring startups. Findings show government schemes improve awareness and initial funding but face challenges such as delays and limited reach. Banks provide financial services but are cautious about early-stage ventures. Venture capital supports tech startups but is less active in traditional sectors.
The study suggests a coordinated approach with better policies, financial literacy, and tailored support to enhance financial entrepreneurship’s impact. This can help policymakers and stakeholders strengthen India’s startup ecosystem and foster inclusive growth.
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References
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