Business Encyclopedia

A

Accounting and Corporate Regulatory Authority (ACRA)
Audited Financial Statement
Annual General Meeting (AGM)
Annual Report (AR)
Articles of Association
Apostille

B

BizFile
Business Grants Portal
Business Profile

C

Central Provident Fund (CPF)
Certificate Of Residence (COR)
Common Reporting Standard
Common Seal
Companies Act (Cap. 50)
Company Constitution
Company Secretary
Company Stamp
CorpPass

D

Dependant’s Pass
Directors’ Resolution in Writing (DRIW)
Dividend
Dormant Company
Double Taxation Agreement (DTA)
Due Diligence

E

Electronic Register of Members (eROM)
Employment Pass (EP)
EntrePass
Enterprise Development Grant (EDG)
Estimated Chargeable Income (ECI)
Exempt Private Company (EPC)

F

Financial Year End (FYE)
Form C-S/ C
Form C-S (Lite)
Fund Accounting

G

Goods and Services Tax (GST)

H

Hedge Fund

I

Import/Export License
Income Tax
Initial Public Offering (IPO)
Inland Revenue Authority of Singapore (IRAS)
Intellectual Property Office of Singapore (IPOS)
Interim Dividend
IR21 Form

J

K

Know Your Customer (KYC)
Knowledge Capital

L

Letter of Consent (LOC)
Limited Liability Company (LLC)
Limited Liability Partnership (LLP)
Limited Partnership (LP)
Liquidation (Court Order/Compulsory)
Liquidation (Voluntary)
Long Term Visit Pass (LTVP)

M

Ministry of Manpower (MOM)
MTI

N

Nominee Director
Nominee Shareholder
National Registration Identity Card (NIRC)

O

P

Partnership
Personal Data Protection Act (PDPA)
Personalised Employment Pass (PEP)
Private limited company
Productivity Solutions Grant (PSG)
Permanent Resident (PR)

Q

Quickbook Accounting

R

Register of Charges
Register of Nominee Director
Register of Registrable Controllers (RORC)
Registered Office Address

S

S Pass
Share
Small Company
Sole Proprietor
Special Employment Credit
Sponsored Employment Pass
Striking Off

T

Trademark
Temporary Bridging Loan
Temporary Employment Credit (TEC)

U

UEN
Unaudited financial statement
Undischarged Bankrupt

V

Variable Capital Company (VCC)
Venture Capitalist (VC)

W

Wage Credit Scheme
Withholding Tax (Section 45)

X

XBRL
Xero

Y

Year of Assessment (YA)

Z

Zero Rated Supplies
Zero-rised Financial Statement

Venture Capitalist (VC)

A Venture Capitalist (VC) entails investing in the right startup company or business, in hope of generating revenue or shares from the access of such startup business.

The risk ensued by venture capitalists is evidenced. However, venture capitalists cover the funding expenses of startups that show massive hope for success or companies with high potential to grow. It is pertinent to note that the investments given by these venture capitalists are usually adequate to incur any risk that comes with it. 

Additionally, venture capitalists provide funds for these start-up companies, in exchange for shares, equity in ownership of the company, or revenue. Examples of successful and popular companies that were established through venture capital are; Facebook, Uber, Twitter, Airbnb, Paypal, Xiaomi, etc. According to FundComb, examples of popular venture investors in Singapore are Vertex Holdings, B Capital Group, Insignia Ventures Partners, Qualgro VC, and a host of others.

In furtherance, venture capital takes is usually structured in a partnership format. As such, the investors are part of the startup company upon the establishment and can become shareholders in the company or partners. Either way, the venture capitalist becomes a major part of the funded startup company and can take part in the decision-making process of the company. If shares are given to venture capitalists, they may decide to sell off their shares, leaving room for new investors in the company.