FIG­URE 7. TYPE OF SUP­PORT SER­VICES AVAIL­ABLE TO TECH STAR­TUPS

Arabnet - The Quarterly - - Entrepreneurship -

In line with the find­ings of the ac­cess to fund­ing fig­ures, more than half of both eq­uity and non-eq­uity fi­nanc­ing (55%) are the ser­vices with the big­gest gap in the ecosys­tem. The next set of sup­port ser­vices that dis­play a gap - of around one third - in­clude men­tor­ship sup­port (such as le­gal and ac­count­ing ad­vice (36%), net­work­ing with po­ten­tial clients (35%), and go-to-mar­ket strat­egy (29%)) and hard skills sup­port (such as prod­uct de­vel­op­ment/pro­to­typ­ing (29%) and tech­ni­cal as­sis­tance (29%)). The ser­vices with the least amount of ecosys­tem gaps – around one third - in­clude es­sen­tial, yet ba­sic, ser­vices such as busi­ness skills’ men­tor­ship and train­ing (33%) and the avail­abil­ity workspace (31%). The gap anal­y­sis of sup­port ser­vices high­lights clear op­por­tu­ni­ties for funds, men­tor­ship pro­grams, and hard skills train­ing ini­tia­tives.

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