Tiffin, S. (2004). Entrepreneurship in Latin America: Perspectives on Education and Innovation. pag 55. 1st Edition publishing by PRAEGER .

An Entrepreneurship Program for the University Simon Bolivar.

The Undergraduate Course.

To date, the course has been given 6 times, once each academic quarter (12 week), each course havin on average 25 student. the students who took thei course came from different fields in engineering and from chemistry, arquitectural, and urban studies. Apart from the students in production engineering, the rest had very little knowledge of business. At the beginning of each couse, I asked the students to answer a number of entrepreneurship related questions. Data was obtained from a total of 152 students.

In general, students perceived technological entrepreneurship as being a difficult endeavor. When asked to evaluate obstacles to entrepreneurship, student placed lack of financing as most important factor, followed by excess red tape on registering a business and other business transaction.

...access to financing is certainly a problem faced by small an medium size businesses in Latin America; however, manu of these problem have their roots in the lack of confidence that the financial institution have on the project proposed (grupo DCF 2002)--acceso de las pequenas y medianas empresas al financiamiento. Informe de trabajo. Division de micro, pequena y mediana empresa, departamento de desarrollo sostenible, BID.