Barry needs financing to start his inner-city venture.His goal is to provide part-time employment for at-risk youths to keep them off the streets and engaged in learning marketable skills.Barry may find some assistance from:
A)a community-based financial institution.
B)the Department of Trade and Industry.
C)a small business investment company.
D)a venture capital firm.

Question

Quizplus · Accepted Answer

A community-based financial institution is the best choice for Barry as they are typically more willing to invest in local businesses with social impact goals, such as providing employment opportunities for at-risk youth. They may also be able to provide guidance and support to Barry beyond just financing. The other options listed may be more focused on profit and may not align as closely with Barry's social impact goals.

Barry Needs Financing to Start His Inner-City Venture