Re: Is starting a tech startup just too costly for us?

ICT Business Start up is a very expensive exercise as it takes you 1-2 years to develop good skills then you can start offering your products in the mean time the costs are really without good back up and also lack of government incentives for IT makes the situation worse. Countries who have managed to build the ICT industry deliberately put incentives to stimulate the industry and also exposed this industry to the Foreign market eg India and Mauritius. Another issue is business start up is a risky the government must put legislation that allows companies that fail soft landing so that they can try again.
Finally the market is very small with an economy with a budget of USD3.8B per year this tells you something about our market size. If anyone wants to start an ICT business they must consider focusing on other markets. and cheap sources of funding.