Venture Capital and the Emergence and Development of Entrepreneurship: A Focus on Employment Generation and Poverty Alleviation in Lagos State

Entrepreneurship is a vital force in the economy of any nation because of the strategic role it plays in the achievement of macro-economic objectives and national development but is confronted with many Impediments such as the dearth of start up and working capital for expansion. Venture capital (VC) came into the financial market to bridge the gap created by the scarcity of long term and cheap finance which is considered appropriate for SMEs....