Through a qualitative, semi-case study design, this paper explores the role of place and place-based funding in enterprise support ecosystems for entrepreneurs. The paper responds to Welter and Baker’s (2021) call in this journal to give prominence to context (business, social, institutional, and spatial) in the theorising of entrepreneurship. It focusses on spatial context, theorising the concept of ‘place’ in entrepreneurship. It achieves this through a consideration of business support providers’ and nascent entrepreneurs’ accounts of the successes and failures of policy and funding aimed at disadvantaged places and people in Devon and Cornwall, Southwest England.