Kambasha urges business leaders to carefully choose funding options

Business leaders and entrepreneurs have been urged to carefully assess their funding options at different stages of their ventures to avoid accumulating unsustainable debt and becoming overly dependent on grants.

National Venture Capital Company (NVCC) chief executive officer Tinotenda Kambasha said businesses should understand the difference between equity financing, debt and grants before seeking external funding.

Speaking at the fifth edition of the Ideas Festival in Nyanga this Thursday, Kambasha warned that a wrong funding choice could undermine business growth rather than support it.

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