Idea stage is a common way to describe the early steps in an innovation process that involves brainstorming and filtering a large number of ideas until you are left with your best ideas that are documented as a business case.
What Is a Startup? The term startup refers to a company in the first stages of operations. Startups are founded by one or more entrepreneurs who want to develop a product or service for which they believe there is demand.
A company is a body corporate or an incorporated business organisation registered under the companies act. A company may be organised in various ways depending on the corporate law of its jurisdiction.