A comprehensive and growing list of start-up terminology.
If you think we have missed something please let us know in the comments!
Accelerator – A competitive program that takes helps you scale your startup fast.
Angel Investor Early stage investors of Startups, usually invest in exchange for equity.
Blockchain A peer-to-peer managed database with various applications.
Changemakers – a nonsense word popular in startup marketing.
Fintech Financial Technology eg; blockchain or financial management apps eg; finch app
Hackathon An event either online or in person where the aim is to form teams and pitch an idea/startup by the end of the period.
Ideation The creation of ideas, typically with disruptive or innovative qualities
Incubator A Program for startups to successfully grow.
Key Performance Index A metric for measuring success, usually in sales.
Key Selection Criteria Qualities and experiences sought by employers, fellow team members
Launch Typically the time a startup product/service becomes live and accessible.
Lean Canvas A valuable exercise to break down the components of a business from supply chain to customer.
Movers and Shakers
MVP – Minimal Viable Product