A Study on the Challenges Faced By the Startup Ventures in Coimbatore

This study aims to identify and analyze the key challenges faced by startup ventures in Coimbatore, a thriving industrial city in Tamil Nadu, India. The research explores various factors that impact the growth and success of startups, including access to capital, market competition, talent acquisition, government policies, and infrastructure support. By understanding these challenges, policymakers, investors, and entrepreneurs can develop strategies to overcome the barriers and create a conducive ecosystem for startup growth in Coimbatore. The study utilizes a combination of primary data collection through surveys and interviews with startup founders, as well as secondary data from academic research, reports, and industry publications. The Indian economy is based on the monetary policy levied by the central bank of India and the others banks revolve around it. The economy is flourished because of the services provided by the banks and other financial organizations. In the financial organization, the role of banks in providing loans for the need in terms of studies, housing, vehicle, mortgage, pledge, business loans, etc., forms a major part of its services to the customers. The government of India has invested a huge amount of finance in the development of entrepreneurs for the development of rural and urban areas and to increase the employment opportunities of the educated unemployed. In this context, start up  ventures provides upliftment of themselves and their families, in addition to society. But the youth are deprived of the rights and support from their family members. The banks play a vital role in bringing startup ventures for the well-being of society. The government of India has introduced lots of schemes for supporting start ups businesses through the banks. The researcher has taken 150 sample startup ventures for studying the problems faced by the startup ventures.