Name going up in the early stages (7)

I believe the answer is:

nascent

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'in the early stages' is the definition.
I can't judge whether this defines the answer.

'name going up' is the wordplay.
'name' becomes 'n' (common abbreviation e.g. on forms).
'going up' becomes 'ascent' (I've seen this before).
'n'+'ascent'='NASCENT'

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(Other definitions for nascent that I've seen before include "Budding early" , "awakening" , "being developed" , "Starting existence" , "Developing" .)

I've seen this clue in The Guardian.

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