seed money

Famously, Ted Turner in 1997 founded the United Nations Foundation with a generous $1 billion in seed money.

Their seed money came from a smuggling operation that they ran prior to the 1997 handover of Hong Kong from the UK to China.

He has said that an anonymous donor has contributed “seed money” and he is presently looking for “avenues of funding.”

The 30-year-old tradition has taken to Kickstarter for charitable seed money.

Hoodie-wearing 20-something startup CEOs celebrate seed-money investments with rounds of Jäger bombs.

Barclay had figured out the seed money from the sale of the mortgages.