Module 5 Flashcards
Venture capitalist
An investor who either provides capital to startup ventures or supports small companies that wish to expand but do not have access to equities markets.
Business plan
A written document that describes in detail how a business, usually a new one, is going to achieve its goals.
SBA (The Small Business Administration).
A U.S. government agency, formulated in 1953, that operates autonomously.
SCORE
Service Corps of Retired Executives. Counselors to America’s Small Business
Enterprise zones
A specific geographical area that has been designated by a governmental authority.
Entrepreneurship
To start a business
Incubator
An organization designed to accelerate the growth and success of entrepreneurial companies through an array of business support resources and services that could include physical space, capital, coaching, common services, and networking connections.
Intrapreneur
An inside entrepreneur, or an entrepreneur in a largefirm.
Small business
An independently owned and operated company that is limited in size and in revenue depending on the industry.
Debt financing
Occurs when a firm raises money for working capital or capital expenditures by selling bonds, bills, or notes.
Equity financing
The process of raising capital through the sale of shares in an enterprise.
Social entrepreneurship
The use of the techniques by start up companies and other entrepreneurs to develop, fund and implement solutions to social, cultural, or environmental issues.
Skunkworks
A small group of people who work on a project in an unconventional way.
