The seed phase is the early stage in the life cycle of a start-up, in which the foundations for the business model are laid, initial product prototypes are developed and market potential is explored. This phase is crucial for the acquisition of seed funding, which provides start-ups with the necessary start-up financing to transform their ideas into market-ready products or services. Successfully navigating through the seed phase allows start-ups to validate their concepts, gather initial customer feedback and create a solid foundation for further growth and future funding rounds.
Seed phase: laying the foundation for start-up success
February 15, 2024