Project requiring initiative (10)
I believe the answer is:
enterprise
I believe this clue is a double definition.
'project' is the first definition.
(enterprise is a kind of project)
'initiative' is the second definition.
(synonyms)
'requiring' acts as a link.
(Other definitions for enterprise that I've seen before include "audacity" , "drug business" , "Initiative - undertaking - business" , "Bold resourcefulness" , "Plan" .)