Explanation of govt. funding and seed funding for start-ups.

Question

Accepted Answer

Government funding and seed funding are two types of financial support available for start-ups.

Government funding is financial support provided by the government to help start-ups grow and succeed.
Seed funding is the initial capital used to start a business, often provided by angel investors or venture capitalists.
Government funding can come in the form of grants, loans, or tax incentives.
Seed funding is typically used for product development, market research, and initial operations.
Examples of government funding programs include Small Business Innovation Research (SBIR) grants and Small Business Technology Transfer (STTR) grants.

Top Thapasu Foods Legal Intern interview questions & answers