Entrepreneurial funding criteria : understanding the gap between funders and entrepreneurs

Abstract

Entrepreneurial funding criteria: Understanding the gap between Funders and Entrepreneurs.The second objective is to identify gaps between Funder application of investment criteria and Entrepreneurial understanding of application of investment criteria across four stages.The third objective is to identify if any differences are systemic across all four stages.The third objective is to identify if any differences are systemic across all four stages.This study found that there are differences in Funders’ perceived importance of criteria across four stages of growth. Entrepreneurs, however, had a similar understanding across all four stages of growth. There are no significant differences between Funders and Entrepreneurs experience of the growth stages. However, further investigation revealed that across the criteria between the two samples there are significant differences. Criteria acted in an interactive manner, whereas the stages did not. Therefore, the proposition that there will be significant differences between Funders application of criteria and Entrepreneurs experience of funding criteria has been proven incorrect.