The role of venture capital in the development of innovative tourism startups

This article explores the importance of venture capital in supporting and developing innovative tourism startups. Venture capital investments are considered as an important mechanism providing young companies with resources to create innovative solutions in the field of tourism. The paper analyzes how such investments contribute to overcoming financial obstacles, introducing modern technologies and strengthening the positions of startups in the market. Special attention is paid to economic effects, including employment growth, increased regional incomes, and infrastructure development. The difficulties that startups face in raising funds, such as the need to prove their sustainability and competitiveness, are also considered. Based on the analysis, measures are proposed to create favorable conditions for investments in the tourism industry. The study highlights that the strategic use of venture capital can not only accelerate the development of startups, but also strengthen the economic potential of tourism as a whole, ensuring the sustainable development of the industry in the face of modern challenges. It was found out that in the future venture capital can become a catalyst for the sustainable development of tourism, strengthening the economy of the regions. Its effectiveness depends on a balanced approach that takes into account both opportunities and limitations.