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Entrepreneurship requires dedicated people and organizations, and an enabling context for innovating and developing new companies. Entrepreneurial ventures typically go through several stages of lifecycle development, a process that most often requires some type of external financing and can usually only succeed in supportive environments. This applies not only to startups, but also to corporate and public sector initiatives, as well as social entrepreneurship. Entrepreneurial activity is always essential for broader economic growth and development, though its specific role has shifted depending on era and location. The entrepreneurial landscape is changing, with new entry points and launchpads inviting more diverse participants and perspectives. The democratization of technology and knowledge is helping to break down barriers to entry, growth, and scalability for entrepreneurs. While the fallout from COVID-19 has placed financial strain on many SMMEs and startups, it has, like all crises, also created new opportunities, sparked innovation, and rewarded entrepreneurs who displayed opportunism, ingenuity, tenacity, and agility.

Entrepreneurship Accelerated

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Entrepreneurship Accelerated