FIGURE 7. TYPE OF SUPPORT SERVICES AVAILABLE TO TECH STARTUPS
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.