The　high　failure　ratio　in　newly　born　ventures　across　the　globe　has　been　raised　a　challenging　question.　Numerous　strategies　have　been　introduced　to　enhance　the　survival　of　new　ventures　in　the　long　run,　but　the　results　are　fragmented.　The　research　model　examined　the　influence　of　entrepreneurial　finance　on　new　venture　success.　The　model　also　considered　a　moderating　role　of　government　support　while　predicting　ventures　success.　This　area　is　under-researched　particularly　in　the　context　of　Pakistan;　therefore,　this　research　may　contribute　to　the　existing　body　of　knowledge　to　appraise　the　industry　in　Pakistan.　Data　were　collected　from　182　new　ventures　operating　in　an　emerging　economy　in　Pakistan　and　analyzed　by　SmartPLS.　The　results　indicate　that　entrepreneurial　finance　and　government　support　have　a　significant　influence　on　new　venture　success.　Moderation　analysis　demonstrates　that　government　support　strengthens　the　relationship　between　entrepreneurial　finance　and　new　venture　success.　The　findings　suggest　implications　for　policymakers　to　initiate　effective　policies　and　programs　for　newly　started　ventures　regarding　financial　and　nonfinancial　support;　in　this　backdrop,　the　incubation　services　are　important.　©　2020　John　Wiley　&　Sons,　Ltd　and　ERP　Environment