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Key terms in entrepreneurship I. Start-up: A startup is a young company founded by one or more entrepreneurs to develop a unique product or service and bring it to market.
II. Incubator: An organization designed to accelerate the growth and success of entrepreneurial companies through an array of business support resources and services that
could include physical space, capital, coaching,
common services, and networking connections.
III. Accelerator: A business accelerator is a program that gives developing companies access to mentorship, investors, and other support
that help them become stable, self-sufficient businesses. Companies that use business accelerators are typically startups that have moved beyond the earliest stages of getting established.
IV. Venture Capital: Venture capital 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. Venture capital generally comes from well-off investors, investment banks, and any other financial institutions.
V. Angel Investor: An angel investor (also
known as a private investor, seed investor, or angel funder) is a high-net-worth individual who provides financial backing for small startups or entrepreneurs, typically in exchange for ownership equity in the company.
VI. Valuation: Valuation refers to the process of determining the present worth of a company or an asset. It can be done using several techniques.
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