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Ruiru polytechnic, a newly established private business want to offer training in mechanical engineering. It needs to set up a workshop at a cost of

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Ruiru polytechnic, a newly established private business want to offer training in mechanical engineering. It needs to set up a workshop at a cost of sh 1,800,000. Students who enroll will study for three years, three semesters a year. a). Identify the various sources of fund to finance this proposal and evaluate their suitability. b). Why would polytechnic shy away from venture capitalist? ) Discuss characteristic, merits and demerits of Sacco financing

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