Vol. 7, Issue 1, Part B (2025)

This study, explores entrepreneurship and business startup ecosystem, undertaking a comprehensive investigation into the complex network of dynamics that define entrepreneurship and the startup environment. At its core, the endeavor seeks to unknot the complexity of this ecosystem by accurately dissecting its components, understanding their interactions, and evaluating their impacts. The research finds that 60% of entrepreneurs in Chama are aged between 25 and 35 highlights the significant role of youth in driving entrepreneurial activities. There is gender disparity in entrepreneurial startup in Chama with 65% of businesses owned by the males. The entrepreneurial ecosystem in Chama is predominantly shaped by the retail and agriculture sectors which covers 68%, with sole proprietorships being the most common form of business ownership as 62% of the businesses are sole proprietorship. The reliance on 40% personal savings and 20% family support underscores both the resourcefulness required by entrepreneurs and potential vulnerabilities within this economic framework. Understanding these dynamics is essential for policymakers aiming to enhance support mechanisms for local businesses.
The stakeholder landscape surrounding Chama District reveals a multifaceted approach to supporting entrepreneurship. The diverse range of stakeholders indicates a robust ecosystem supporting entrepreneurship through in Chama District. The findings from Chama District reveal that high interest rates are perceived as the most significant barrier to accessing finance for business start-ups by 45% of the entrepreneurs. Collateral requirements also pose a substantial challenge as indicated by 35% of the respondents, while the lack of financial institutions further exacerbates these issues. The regulatory environment has a high impact on business operational landscape for businesses. With 95.75% of respondents acknowledging significant impacts from regulations, it is clear that policymakers must consider these effects when designing new laws or revising existing ones to foster a more conducive environment for business growth while still protecting public interest. The researcher recommends that; government should facilitate Enhanced Access to Funding to entrepreneurs in Chama district. To improve the entrepreneurial environment in Chama District, it is essential to enhance access to funding for local businesses.