New Venture Funding
Overview
This unit educates students about raising and securing funding for start-up projects, and how investors such as managers, bankers, angel investors and venture capitalists, make investment decisions. Using practical cases students will examine the range of finance options available for start-up investment, like equity and hybrid capital financing, including crowdfunding. A distinctive aspect of this unit is active learning. Throughout the semester students will work with a real start-up company. Students will apply their learning by assisting the start-up in the field of funding and investment, culminating in a pitch to investors. This unit will use a blend of lectures, discussion, cases, readings and guest speakers from both fields: entrepreneurship and funding/investment.
Requisites
Rule
ENT10001 Entrepreneurship and Opportunity
and
87.5 credit points
01-June-2025
02-November-2025
Learning outcomes
Students who successfully complete this unit will be able to:
- Analyse and determine the financing needs of a start-up
- Identify and analyse the different sources of finance to support a new venture
- Develop basic skills in building financial forecasts that reflects a new venture’s growth plans
- Work collaboratively in preparing an investment proposal to raise equity funds for a start-up
Teaching methods
Hawthorn
| Type | Hours per week | Number of weeks | Total (number of hours) |
|---|---|---|---|
| On-campus Class | 2.00 | 12 weeks | 24 |
| Online Lecture | 1.00 | 12 weeks | 12 |
| Unspecified Activities Independent Learning | 9.50 | 12 weeks | 114 |
| TOTAL | 150 |
Assessment
| Type | Task | Weighting | ULO's |
|---|---|---|---|
| Report | Individual | 40 - 60% | 1,2 |
| Report and Presentation | Group | 40 - 60% | 2,3,4 |
Content
- Financial statements
- Financial performance
- Forecasting methods
- Opportunity evaluation and financial consequences
- Assessing funding needs
- Early stage venture valuation and capital valuation methods global perspective
- International sources of funding
- Harvesting
- Pitching to investors
Study resources
Reading materials
A list of reading materials and/or required textbooks will be available in the Unit Outline on Canvas.