Glossary

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Risk Mitigation Strategy

Definition:

The plan designed to proactively minimize the impact of potential project threats.

Runway

Definition:

The amount of time a startup can continue to operate before running out of cash.

SEO

Definition:

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SQL (Sales Qualified Lead)

Definition:

A lead that has been accepted by the sales team, signaling they are fully vetted and ready for the next step.

SaaS (Software as a Service)

Definition:

A model where software is licensed on a subscription basis and hosted centrally.

Sales Enablement

Definition:

The strategic process of providing the sales team with the content and tools needed to engage prospects.

Sales Funnel

Definition:

Process tracking customers from lead to purchase.

Sales Qualified Opportunity (SQO)

Definition:

A prospect that has been validated by the sales team and has moved into a formal sales pipeline stage.

Scalability (Enterprise)

Definition:

The capacity of a digital platform to handle increasing users and complexity without performance degradation.

Scalability (Startup)

Definition:

The capacity of a platform to handle massive, rapid growth in traffic and data without re-architecture.

Scalability Planning

Definition:

Long-term planning to ensure a platform can handle projected growth.

Scrum/Agile Methodology

Definition:

An iterative approach to project management that prioritizes flexibility and rapid delivery.

Section 508 Compliance

Definition:

A U.S. federal mandate that requires all electronic and information technology used by federal agencies to be accessible to people with disabilities.

Security Audit

Definition:

A systematic review of an application's security posture to identify vulnerabilities and ensure compliance.

Security Surface Area

Definition:

The total area of potential vulnerabilities that a system exposes to attack.

Seed Funding

Definition:

The initial capital raised by a startup to fund early-stage operations and foundational marketing assets.

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