Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Resource Mobilisation

Question:
Relatively small amount raised to prove concepts and finance feasibility studies is called as?
Options:
Basic Funding
Start up Funding
Seed Funding
Any of the above.
Correct Answer:
Seed Funding
Explanation:
Seed capital: Relatively small amount to prove concepts and finance feasibility studies.
Start-up funding: Product development and initial marketing, but with no commercial sales yet, funding to actually get company operations started.