The times they are a-changin’.
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Steve Blank answers the question, “What’s the difference between a startup and a small business!”
Or check a Google search
I like this explanation on Bingd best
“both are exactly the same, except how the owner thinks about their business. A small business owner is focused on doing it tough for a number of years and hoping they can make it as a business. However a startup thinks big, they dream of their application/product or service being used by millions around the world and funded by VC’s and that is how they direct their business. Small business owners think about doing things slowly and building their business over time.“
At Tibiae tech we approach the problem slightly different.. we look for technology use, scalability and trickle down affect and impact on sector!
We acknowledge the difference between a Startup and a small business… as well as the fact that most startups need small businesses that can use their technology so we have an Accelerator program for Startups and an Incubator program for small businesses.