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Why is seed/pre-seed funding important?

funding pre-seed seed
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Why is seed/pre-seed funding important?

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Access to early-stage risk capital is a critical factor in building a bioscience-driven economy. Pre-seed and seed funding are provided to a firm in its infancy to help it startup operations and build up enough of a base to quality for venture-capital investments. The Bioscience Roadmap identifies a gap in pre-seed/seed funding in Arizona that must be addressed in order for it to successfully compete in the biosciences on a national level.

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