1I Business innovation & entrepreneurship Flashcards
1
Q
What is government investment in R and D
A
Governments help fund R/D for businesses because it will strengthen communities if the R/D pays off and it can improve the economy.
2
Q
What are business mentorships
A
a person who comes to not take full control of the business but to help out and gives tips on the business.
3
Q
What is a council grant.
A
A sum of money supplied by the government to help with a business. This doesn’t need to be repaid.
4
Q
What are school-based entrepreneurship programs
A
an opportunity for students to begin learning business skills early.
