Government Venture Capital (GVC) is another source to remedy the financial gap problem in entrepreneurial finance with certain financial and non-financial goals in order to boost the business environment. There are numerous ways of governmental involvement in startup environment e.g. providing incentives to investors at the time of investments or exits, incentives to start a new business, tax reliefs for VC activities and policies to attract foreign investors. The aims of these funds also vary depending on the type of firms in which the government in investing, the effectiveness of the funds and the local institutional investment market scenario where the GVC is investing