GIST TechConnect Archive
Large corporations play an integral part in the startup ecosystem. For newly launched startups, corporations can be potential customers, R&D partners, manufacturers, investors, competitors, and of course, acquirers.
Cultivating a thriving, equitable, and inclusive entrepreneurial ecosystem across developing economies requires a robust and supportive ecosystem.
Across the globe, early-stage investment has grown exponentially. The investment ecosystem is evolving and becoming much more sophisticated, which has had an increasingly positive impact on science and technology-based startups.
When it comes to science and technology startups, innovation knows no boundaries. As trade and technology make the world more interconnected, investors are continually looking to maximize their returns by investing across borders.
A critical challenge faced by science and technology startups across the globe is how to secure funding to sustain and scale their ventures. Throughout the life cycle of a science or technology startup, entrepreneurs will need different types of funding from different types of investors.
Determining product market fit has been identified as a first step to building a successful venture, particularly as investors are increasingly attuned to whether a startup’s business model has evaluated whether there is a fit for the startup’s product to the market.