Glossary
Runway
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Related terms
Glossarybeginner
Burn Rate
Burn rate is how much cash your company spends each month. Gross burn is total expenses; net burn subtracts revenue.
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Non-Dilutive Funding
Non-dilutive funding is capital you receive without giving up equity. Grants, cloud credits, revenue-based financing, and competition prizes all qualify.
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501(c)(3) and fiscal sponsorship
A 501(c)(3) is a U.S. tax-exempt non-profit; a fiscal sponsor is an existing 501(c)(3) that lets a project receive tax-deductible donations and grants under its umbrella before the project incorporates on its own.
Glossarybeginner
Accelerator
An accelerator is a fixed-term, cohort-based program that invests a small amount in early-stage startups in exchange for equity, then runs intensive mentorship that ends with a demo day.