Business Aid is funded by a group of wealthy investors for the sole purpose of providing funding for individuals and small firms that are trying to convert their new ideas into viable products. What is this type of funding called?

Question

Quizplus · Accepted Answer

Venture capital is a type of funding provided by investors who are willing to take on high risks in exchange for potential high returns. The purpose of this type of funding is to help start-ups and emerging companies with high growth potential to bring their products or services to market. Business Aid's funding model fits the definition of venture capital.

Business Aid Is Funded by a Group of Wealthy Investors