Starting a new online business Initial funding of a new online business angel investor A wealthy individual who contributes personal funds and possibly expertise at the earliest stage of business development incubator A company, university, or nonprofit organization that supports businesses in their initial stages of development Electronic Commerc Prentice Hall 2006Electronic Commerce Prentice Hall © 2006 4 Starting a New Online Business • Initial Funding of a New Online Business angel investor A wealthy individual who contributes personal funds and possibly expertise at the earliest stage of business development incubator A company, university, or nonprofit organization that supports businesses in their initial stages of development