Early-stage financing
Seed financing
an 'applied research' phase where the concepts and ideas of the promoters constitute the basis of a pre-commercialization research project, usually expected to end in a prototype which may or may not lead to a business launch.
Small amount to prove concept
Market research, product development
Very few VCls invest in this pre-commercialization/ seed stage of product development
This phase gradually moves towards the development phase leading to a prototype product testing and then to commercialization
Startup financing
Product development and initial marketing complete
Business plan and management team in place
Commercial manufacturing has to commence i.e. the product/service is being
commercialized for the first time
The risk perception is very high
First-stage financing
Expended initial capital
Funds needed to go full-scale in manufacturing and sales
Seed financing
an 'applied research' phase where the concepts and ideas of the promoters constitute the basis of a pre-commercialization research project, usually expected to end in a prototype which may or may not lead to a business launch.
Small amount to prove concept
Market research, product development
Very few VCls invest in this pre-commercialization/ seed stage of product development
This phase gradually moves towards the development phase leading to a prototype product testing and then to commercialization
Startup financing
Product development and initial marketing complete
Business plan and management team in place
Commercial manufacturing has to commence i.e. the product/service is being
commercialized for the first time
The risk perception is very high
First-stage financing
Expended initial capital
Funds needed to go full-scale in manufacturing and sales