The capital provided to build a prototype is called ______ ﬁnancing.

Question

Quizplus · Accepted Answer

First-stage financing refers to the capital provided to build a prototype or develop a product. Private financing refers to funding from individuals or private investors, mezzanine financing is typically used for expansion or acquisition purposes, IPO financing is for companies going public, and secondary financing is for trading existing investments on the secondary market.

The Capital Provided to Build a Prototype Is Called ______