The Global Entrepreneurship Monitor (GEM) report on Entrepreneurial Financing was published earlier this month. The document is a global snapshot on the state of entrepreneurial endeavors around the world. Produced by a team of researchers from Babson, Oxford and the University of South Africa, Capetown, this recent study affirms that the financial crises had a profound effect on the economic and entrepreneurial landscape. Unfortunately, new obstacles have been created and access to finance is “one of the most serious problems for business in many economies:

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