1l) Business innovation and entrepreneurship Flashcards
1
Q
What is a council grant?
A
A council grant is a one-off financial payment from the council to a business to support business ideas and development. A council does not need to be repaid.
2
Q
What is a business mentor?
A
A business mentor is an experienced person who provides assistance and advice to another person.
3
Q
What are the 3 types of government initiative?
A
1) Innovation Connections
2) Research and development tax incentive
3) Accelerating commercialisation