INNOVATION AND CREATIVITY
INNOVATION IN ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Accelerators
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National Innovation Foundation
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Incubators
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Venture Capitalists
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Detailed explanation-1: -Incubators typically work on a fee-basis as opposed to taking an equity stake in the startup. This is when incubators are funded by institutions, such as universities, or municipal organizations. However, for-profit incubators will look to gain equity in the company in exchange for their services or seed capital.
Detailed explanation-2: -Incubation is usually done by institutions which have experience in the business and technology world. Incubation support includes providing technological facilities and advices, initial growth funds, network and linkages, co-working spaces, lab facilities, mentoring and advisory support.
Detailed explanation-3: -You need to keep the momentum going. You need to show investors that you’re making progress. You need to continue to build your team. You need to keep your investors happy. You need to raise more money. Do Your Research. Make the First Offer. Be Prepared to Compromise. More items •12-Feb-2023