Question
Statement: In recent years, India’s startup
ecosystem has witnessed rapid growth, yet access to early-stage funding remains limited outside major cities. The government has announced a fund to promote entrepreneurship in tier-2 and tier-3 towns. It believes that supporting smaller city startups will create jobs and reduce regional economic disparities. Which of the following assumptions is implicit in the above statement?Solution
The statement assumes that lack of funding is a major barrier for small-town entrepreneurs, hence, government support is needed.
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