... invest in companies at different phases in the business life cycle. This can be either before the company or product is organised, during the first or second stages of development, which is known as early stage investing, or during expansion stage financing, which is financing to provide help for a company to grow beyond a critical mass to become more successful. When they assist in the growth of small or medium sized enterprises it in turn aids the growth and development of the economy. Economic growth is a sustained increase in a country's productive capacity. Economic development is a process in which an economy not only experiences an increase in its real output per head, but also undergoes major structural chances, such as infrastructure development and a reallocation of resources between the agricultural, industrial and service sectors. It also refers to how government uses the taxes it collects from businesses to ...

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