Seed financing: The contribution of resources at the pre-production phase, where there is still a technological risk.
Start-up financing: Early-stage financing of the production and the distribution, made to newly-created companies.
In some cases a distinction is made between start-up, in the exact meaning of the term, and other initial phases, including participation in newly-created businesses which have not yet shown profits.
Expansion Financing: Financial support given to an existing company to enable it to access new products and/or markets.
Note- For more information on venture capital, please consult the websites of the National Stock Exchange Commission (CNMV), the Spanish Investment Capital Association (ASCRI), the European Venture Capital Association (EVCA) and the website coordinated and directed by Professor José Martí Pellón, of the Complutense University, Madrid.