**4. Conclusion and discussion**

It has not been a long time since startup businesses were introduced in our country and numerous questions remain unsolved effusively in terms of investment policy and the legal environment. Nevertheless, there is an opportunity not to recurrence slipups of startup businesses in different countries. It creates noteworthy contributions in developing startup businesses in the country, increasing productivity, creating jobs, and boosting the country's economy.

According to the research, we identified the following findings:


Promotion of the startups through financial and nonfinancial support and advocating their activities especially, those who introduced innovative approaches of financing as well as the investors who contributed to the progress of startups will have a substantial impact. The participation of large local companies in a solution of the startup business investment and care of the implementation mechanisms of this type of business could be the potential solutions to address the challenges.

The study has limitations as it has relied on secondary data. We admit that there is a need for research based on primary data that will be beneficial to fully address the challenges that prevail in the businesses and have practical significance for the stakeholders of the startup businesses. Moreover, a comparative study will be significant for businesses to better learn about the startup opportunities and challenges that exist within startups around the world.
