INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Fixed capital.
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Current capital.
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Seed capital.
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Venture capital.
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Detailed explanation-1: -Venture capital is a form of financing especially designed for funding high technology, high risk and perceived high reward projects.
Detailed explanation-2: -As a result, venture capital came to be almost synonymous with financing of technology ventures.
Detailed explanation-3: -Venture capital (VC) is a form of private equity and a type of financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential.
Detailed explanation-4: -Types of Venture Capital Funds The 3 main types are early stage financing, expansion financing, and acquisition/buyout financing. There are 3 sub-categories in early stage financing. These are seed financing, startup financing, and first stage financing.