The Active Corps of Executives (ACE) is a program designed to assist small businesses by providing free and confidential mentoring, as well as business-development resources through experienced business professionals.
A capital fund is a financing source specifically allocated for long-term initiatives, large projects, or investments, often used by non-profit organizations, governments, or businesses to support development and growth initiatives.
Cold canvassing is the process of contacting potential buyers in a specific area to solicit sales of one's products.
Corporate Venturing Scheme (CVS) is an initiative where large corporations invest in small start-ups or emerging firms. This strategy helps established companies gain innovative capabilities while providing financial and strategic support to the emerging enterprises.
A development stage enterprise is an enterprise devoting substantially all of its efforts to establishing itself. Either the planned principal operations have not started, or there has been no significant revenue even though principal operations are underway.
In the USA, a development-stage enterprise is defined as a business that is employing all its resources to establish itself, where either the planned sales phase has not commenced or no significant revenues have yet been generated.
Small businesses designed for the purpose of achieving high growth and rapid profit increases, often leveraging innovative products and strategies alongside investor capital.
A facility that provides small entrepreneurial businesses with affordable space, shared support, and business development services such as financing, marketing, and management. Incubators play an important role in helping young businesses survive and grow during the startup period, when they are most financially vulnerable.
Individual who brings significant amounts of new business to a company, such as a law or accounting firm.
Refers to a phase where sales and profits of a new business increase rapidly until a plateau is reached at maturity.
A track record is a businessman’s reputation for producing results on a timely and economical basis. A strong track record can significantly influence the ability to secure financing and attract investors for new projects, ensuring successful and timely project completion.
A management team assembled for the purpose of a new business operation. A venture team supervises and manages a start-up business, attending to all the details from raising venture capital to managing the initial operations.
