External sources;Part 2 Flashcards

1
Q

Grants definition

A

Given by a government,no need to pay back

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2
Q

Grants advantages

A
  • No payback
  • Helps new business
  • Jobs
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3
Q

Grants disadvantages

A
  • Application

- Not always available

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4
Q

Venture capital definition

A

An inverstor getting a % share

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5
Q

Venture capital advantages

A
  • Large sums of investment
  • Expertise
  • Other sources
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6
Q

Venture capital disadvantages

A
  • Loosing percent
  • Complex
  • Expert aid
  • Conflict
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