FINANCIAL FOUNDATIONS OF SERVICE INDUSTRY DEVELOPMENT

Abstract

Government Grants and Loans: Provide government grants and low-interest loans specifically tailored to service businesses. Target start-ups, small businesses, and innovative ventures that contribute to economic development. Venture Capital and Private Equity: Encourage venture capital and private equity investments in the service industry. Offer tax incentives and support programs to attract investors. Crowdfunding: Promote crowdfunding platforms that allow service businesses to raise capital from a large number of individuals. Provide regulatory frameworks to ensure transparency and investor protection.