enterprise development reserve fund:

... money separated from other capital ear-marked for an expansion, site selection, or other project intended to bring about positive changes for the growth of an enterprise; an allocation of monetary resources for a new venture startup by an entrepreneur or a capital reserve designated for operational growth goals by an enterprise developer.

Enterprise development funding is of interest to various participants in the mission of The Network which focuses on enterprise and economic development as combined processes.

In general a reserve fund is an account made up of money from earnings and set aside to take care of certain costs that may arise, such as maintenance and unexpected repairs. Answers.com explains the distinction between capital reserves and revenue reserves. The latter may be used for relocation studies when something, such as a natural disaster or crippling labor strife unexpectedly occurs. Site selection is a process of relocation.

Projects for expansions, relocations, and startups can be classified in three stages: (1) tentative, (2) preliminary, and (3) active. From the standpoint of enterprise and economic development each stage represents the potential for a prospect for .network mission contacts. Some would say that a tentative project produces a suspect rather than a prospect.

Site selection projects in the preliminary stage may transition from general reserve funds to enterprise development reserve funds. Active site selection projects typically operate with specific project funding tied in to all of the various funding that has to exist to in order to arrive at a startup. See About Projects in the .network resource archive for more information.

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