True or FalseGrant funding bodies do not expect a return of money, benefits, or company shares. They are effectively gifts that help you success. They usually have limited funds. Based on that - True or False: a legitimate grant funding body is unlikely to give a company $100M to set up a factory, despite not having a proof-of-concept? (ie True - they will not just give away $100M or False - they will give $100M to someone with an idea).

Funding for entrepreneurs can only come from institutional sources like banks and venture capital firms.Group of answer choicesTrueFalse

True or False: Grants are an important funding mechanism in the nonprofit sector. Most grant opportunities can be found using the same search strategy, and once awarded, have essentially the same reporting requirements.

What is the primary source of funding for startups from venture capital firms?Bank loansEquity investmentCrowdfundingGovernment grants

True or False: Equity financing through venture capitalists is typically pursued during the startup's idea stage.

Financing for a business that is currently in the seed phase can be sourced from any of the following except:Question 19AnswerA.CrowdfundingB.Stock MarketC.Venture CapitalistD.GovernmentE.Own funds, family and friends