Multiple Choice
John Savage was an engineer with an idea for a flexible solar-energy material that would have a wide-range of military and civilian apparel applications.He estimates that he will need approximately $300,000 to develop a prototype.Friends and family could provide about $75,000.What would be the best source for the balance?
A) Informal investors
B) Venture capitalists
C) A strategic partnership
D) An SBA loan
Correct Answer:
Verified
Correct Answer:
Verified
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