seed-funding

Vocabulary Word

Definition
'Seed-funding' is the initial financing used when starting a new business. This money can help cover early-stage costs like product development or market research.
Examples in Different Contexts
In venture capital, seed funding is provided to startups with promising potential but high risk. A venture capitalist might explain, 'Our seed funding aims to support innovative ideas through their early stages of development.'
Practice Scenarios
Tech

Scenario:

I believe we are onto a revolutionary new technology. However, significant research and development is still needed.

Response:

We need to secure seed-funding to further develop our technology and bring it to market.

Marketing

Scenario:

We're planning an aggressive launch campaign in the coming months, but we'll need to secure funding to make this happen.

Response:

Let's start looking for seed-funding sponsors who would benefit from associating with our marketing campaign.

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