Resource Mobilization
CBSE · Class 12 · Entrepreneurship
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Introduction to Finance and Resource Mobilization
- Finance refers to funds or monetary resources needed by individuals, business houses, and government
- Finance is essential for enterprise formation, asset acquisition, market investigation, product development, and expansion
- Three critical questions: How much money is required? Where will money come from? When does the money need to be available?
Capital Markets
- Capital market is an organized mechanism for effective transfer of money capital from investors to entrepreneurs
- Primary market deals with new issues (Initial Public Offerings and Rights Issues)
- Secondary market deals with trading of existing securities through stock exchanges
Stock Exchange and SEBI
- Stock exchange is a market for buying and selling securities with specific location and rules
- Features: Association of persons, government recognition, deals in listed securities only
- Functions: Provides continuous market, facilitates evaluation, ensures safety in dealings
Angel Investors and Venture Capital
- Angel investors are affluent individuals providing capital for business startups in exchange for equity
- Term originated from Broadway where wealthy individuals funded theatrical productions
- Angels fill the gap between friends/family funding and formal venture capital
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Sources & Official References
- NCERT Official — ncert.nic.in
- CBSE Academic — cbseacademic.nic.in
- CBSE Official — cbse.gov.in
- National Education Policy 2020 — education.gov.in
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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