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

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The organization sponsoring the advertisement is providing financing for small companies, which is a common function of venture capitalists. Intrapreneurs are individuals who bring entrepreneurial ideas to existing companies, while franchisers are companies that sell the rights to use their business model and brand. An entrepreneur is an individual who starts a new business, which Enrique is trying to do. However, the specific organization sponsoring the advertisement is more indicative of a venture capitalist.

Enrique Wants to Start a New Business, but His Bank