Is is just a case of funding startups and small businesses, or a case of providing better advice and mentoring? Or perhaps it's a combination of them all? What do you think?

I think that some small businesses can benefit from all of these, it depends upon the business itself. I think that just throwing money at a business doesn't necessarily help unless they also get guidance. Anyone running a business or starting up a business can benefit from advice from someone who's been through the process themselves. When it comes to small business I think experience is the key as many owners and startups make similar mistakes because they didn't get the support they needed.