| Term 
 | Definition 
 
        | The process of creating, developing, and managing a business or venture, typically with a focus on innovation and risk-taking. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | An individual who identifies opportunities, takes calculated risks, and assembles resources to create and manage a business. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | A newly established company or business venture that aims to bring innovative products or services to market. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | A formal document outlining the goals, strategies, and financial projections of a business. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | The creation or adoption of new ideas, products, services, or processes that drive business growth and competitiveness. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | The process of gathering and analyzing data about potential customers, competitors, and the market to make informed business decisions. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | The unique benefit or value that a product or service offers to customers, setting it apart from competitors. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | An assessment of a business's Strengths, Weaknesses, Opportunities, and Threats to inform strategic planning. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | A concise presentation that provides an overview of a business to potential investors, often used in funding pitches. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | Building and growing a business with limited external funding, typically relying on personal savings and revenue. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | Funding provided by venture capital firms to start-ups and high-growth businesses in exchange for equity ownership. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | An individual who provides capital and mentorship to early-stage businesses in exchange for ownership or equity. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | The movement of money in and out of a business, critical for financial stability and operations. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | The process of expanding a business to reach a larger market, often involving increased production and staffing. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | A brief, compelling overview of a business or idea that can be delivered in the time it takes to ride an elevator. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | A new product or service that disrupts or transforms an existing market or industry. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | A methodology for developing businesses and products, emphasizing minimal viable products and rapid iteration. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | Legal rights that protect creations of the mind, such as patents, trademarks, and copyrights. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | A business model in which an entrepreneur can buy the rights to operate a proven business under a recognized brand. |  | 
        |  | 
        
        | Term 
 | Definition 
 
        | A plan outlining how an entrepreneur intends to transition out of or realize the value of their business, typically through sale or merger. |  | 
        |  |