Page 8 - BrewDog Venture Capital
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ii: Start-up financing:








               Start up financing is given to companies for the purpose of

               finishing the development of products and services.

               However, this type of venture capital may also be used for

               initial marketing as well. Companies that have spent all their

               starting capital and need finance for beginning business

               activities at the full-scale are the major beneficiaries of the
               First Stage Financing.











               iii: Initial stage:














               Early-stage firms that need funding for expenses associated

               with marketing and product development.


               Early sales and manufacturing funds.
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