Maybe I'll answer from two aspects. One is not having available structured funds. Most early-stage companies always have to go through family, friends, and then angels. It's a very difficult way to grow past the first stage. They continue to struggle and cannot scale.
I can name for you companies that are going through that. They are stuck, because scalability is an issue after some point in time. At the early stage, angel funding is good, and family and friends are good, but after, when you want to scale a company, you need structured financing. We just don't have sufficient venture funding taking place. This is stunting the growth of the sector at this stage.