Relatively small amount raised to prove concepts and finance feasibility studies is called as?
Answer & explanation
Correct answer: option 3
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.
Start-up funding: Product development and initial marketing, but with no commercial sales yet, funding to actually get company operations started.