Abstract:
This article explores the significance of the nature of networks
developed by entrepreneurs in accessing business finance. On the basis of
qualitative data generated through case studies of Indian entrepreneurs
in Information and Communication Technology industry, this article
reports on the experience of entrepreneurs in accessing different types
of business finance such as family funding, angel investment, venture
capital and bank loan. Findings suggest that network plays an important
role in facilitating access to business finance by building development of
trust between entrepreneurs and investors. However, network acts as
a successful facilitator only if other requirements for making a financial
investment are favourable.
