In the business model development and testing stage, an entrepreneur will likely require _____, an initial investment typically by the founders and other sources of "friendly money."
A) bridge financing
B) seed funding
C) impact investing
D) a grant
E) mezzanine financing

Question

Quizplus · Accepted Answer

Seed funding is the initial capital used to start a business, often provided by the founders themselves and close acquaintances, to get the business off the ground before seeking larger investments.

In the Business Model Development and Testing Stage, an Entrepreneur