Financing Options for Entrepreneurs: A Comparative Study of Angel Investors, Venture Capitalists, and Crowdfunding in Kenya
I. Introduction Entrepreneurship is an important driver of economic growth and development in Kenya, and access to financing is critical to the success of entrepreneurs. However, many entrepreneurs in Kenya struggle to obtain financing, particularly in the early stages of their business. This study seeks to compare the different financing options available to entrepreneurs in Kenya, specifically angel investors, venture capitalists, and crowdfunding, and to determine their impact on the success of the entrepreneur. II. Literature Review The literature review examines the different financing options available to entrepreneurs in Kenya. Angel investors are high net worth individuals who invest their own money in start-ups in exchange for equity. Venture capitalists are professional investors who manage funds that invest in high-growth start-ups. Crowdfunding involves raising small amounts of money from a large number of individuals through an online platform. The review also considers th...