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Resource Mobilization — Entrepreneurship STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipResource Mobilization3 Marks
Question
What is meant by ‘seed capital’?
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Answer

Seed capital: is defined as the financing of the internal product development or the capital provided to an entrepreneur to prove the feasibility of a project and quality for start-up capital.

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