"Seed Financing" is a relatively small amount of capital provided to an inventor or entrepreneur to prove a concept and to qualify for "start-up" capital. This may involve product or service development, market research, building a management team and developing a business plan.

"Start-up Financing" is provided to companies completing product or service development and initial marketing. These companies are generally in business for less than 1 year, and have not yet sold their product or service commercially. Usually such firms have market studies, assembled key management, developed a credible business plan and are ready to do business.

First Stage Financing" is provided to companies that have expended their initial capital and require funds to initiate full-scale manufacturing or servicing.