Enrique wants to start a new business,but his bank will not lend him the money he needs.Enrique saw an advertisement sponsored by a business organization that provides financing for promising small companies.The organization sponsoring the advertisement would be considered a(n)________.

Question

Quizplus · Accepted Answer

A venture capitalist is an organization or individual who provides financing for promising small companies in exchange for equity ownership or a return on investment. In this scenario, the organization sponsoring the advertisement is providing financial support to entrepreneurs like Enrique who are seeking funding for their small businesses.

Enrique Wants to Start a New Business,but His Bank Will