INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
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Financial funding offered to anentrepreneur in return for an equityposition in his/her venture is known as
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leasing
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outsourcing
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angel funding
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supplier financing
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Explanation:
Detailed explanation-1: -An angel round is a type of financing that allows startups to raise money from wealthy individuals, typically before they have secured funding from venture capitalists.
Detailed explanation-2: -Angel investors are wealthy individuals who provide capital to help entrepreneurs and small businesses succeed. They are known as “angels” because they often invest in risky, unproven business ventures for which other sources of funds-such as bank loans and formal venture capital-are not available.
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