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What is the Idea Stage?

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The idea stage is a business, strategy or plan that hasn't been developed in any significant way.

Idea Stage Business

An idea stage startup is typically documented as a business plan. It is difficult to get funding for an idea stage business as good ideas commonly fail. As such, entrepreneurs often develop ideas as a minimum viable product before looking for funding.

Innovation Process

Idea stage is a common way to describe the early steps in an innovation process that involves brainstorming and filtering a large number of ideas until you are left with your best ideas that are documented as a business case.
Overview: Idea Stage
Type
Definition
A business, strategy or plan that hasn't been developed in any significant way.
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