Government Venture Capital

Government Venture Capital refers to investments made by government entities into startups or innovative businesses with high growth potential. Essentially, it’s a way for governments to foster economic development, create jobs, and support entrepreneurial initiatives. By providing funding, the government encourages innovation, especially in areas that may be overlooked by traditional investors. This approach not only helps new companies succeed but can also lead to advancements in technology and services that benefit society, aligning with the principles of public entrepreneurship, where public resources support private innovation for the common good.