Start-up definition
What is the definition of a start-up under the call for proposals?
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Andrea
A startup is an independent small company, which is younger than five years and is aimed at creating, improving and expanding a scalable, innovative, technology-enabled product with high and rapid growth. These companies are usually managed by 1-3 entrepreneurs, and are continuously testing their business model and improving their product/service, their objective is to rapidly scale their business.
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A start-up, under most calls for proposals, is typically defined as a newly established business that is still in its early stages of development, often under five years old. These businesses are usually innovative, growth-oriented, and working towards scaling their products or services. Eligibility may vary depending on the specific program, so it's important to check the guidelines closely. If you're exploring new business models or looking for market insights, the CasinoHEX blog on Spina Zonke offers a great example of how platforms analyze trends to build engaging content and attract niche audiences.
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