He said he would provide the $1 million seed capital needed to get the idea moving.
It is unclear where the seed capital actually came from.
Students form a group of 3-5 and are given seed capital one month before Diwali.
For the moment, the seed capital that the firm used to start the fund still makes up the majority of its assets.
He returned $56 million of the seed capital that remained in the fund to his partners.
Another is to set up a state development bank to provide seed capital for the recovery effort.
Started in the year 1959 with a seed capital of Rs.
Marvin helped to set up the business and used his community contacts to raise seed capital.
"Apparently Hayes approached him for seed capital to front a company."
The problem is that large institutions like universities have less seed capital.
