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.

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2
Q

What is a business mentor?

A

A business mentor is an experienced person who provides assistance and advice to another person.

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3
Q

What are the 3 types of government initiative?

A

1) Innovation Connections
2) Research and development tax incentive
3) Accelerating commercialisation

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