Definition, Meaning & Synonyms
new-venture
Noun
/njuː ˈvɛn.tʃər/
Definition
A new-venture refers to a recently established business or project that is designed to explore potential markets and opportunities.
Examples
- The startup was a new-venture focused on renewable energy solutions.
- Launching a new-venture can be both exciting and intimidating for entrepreneurs.
- Investors are always on the lookout for the next big new-venture.
Meaning
It typically entails a fresh initiative aimed at generating profits or fulfilling a specific purpose, often involving innovation and risk.
Synonyms
- Startup
- New enterprise
- Innovation
- Initiative
- Project
