"I understand how to seek out funding and entrepreneurial opportunities, and how to make the most of them."
You need to cultivate an active awareness of opportunities to engage in entrepreneurial activities, and understand how to take advantage of them when they arise.
You also need to know how to find and effectively apply for funding opportunities - as well as understanding the processes and timescales involved in academic funding.
There are a wealth of resources available in Cambridge for those interested in entrepreneurship. See for example:
There are several offices within the University which can help you with understanding funding, such as the Research Operations Office, Research Strategy Office and Finance Division.