What is a type of business venture started within a company?

A type of business venture started within a company is known as an "intrapreneurship." This involves employees acting as entrepreneurs within the organization, using company resources to develop new products, services, or processes. Intrapreneurship fosters innovation and can lead to new revenue streams while leveraging the existing infrastructure and brand of the parent company. This approach encourages a culture of creativity and agility within larger organizations.