New Venture Funding
Overview
Even the most ingenious ideas need finance to bring them to life. This unit will demystify how to secure backing for new business ventures. Students will identify their specific financial needs and find relevant funding sources. They will become familiar with the world of angel investors, investment managers, and venture capitalists, and learn how to gain their support. Leading investors and entrepreneurs will share their experiences in industry and provide feedback. Students will build the confidence and tools they need to turn their vision into a commercial reality.
Requisites
ENT10005 Ideas, Opportunities and Ventures
AND
ENT10006 Technology Commercialisation
01-June-2025
02-November-2025
Learning outcomes
Students who successfully complete this unit will be able to:
- Experiment and build financial models for start-ups
- Identify and evaluate different sources of funding to support start-ups
- Critically evaluate and determine the funding needs of start-ups
- Determine the value of a start-up and negotiate with potential investors
- Work individually or collaboratively to prepare a term sheet to raise equity
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 |
|---|---|---|---|
| Quizzes | Individual | 20 - 30% | 2,3,4 |
| Report | Individual | 20 - 40% | 2,3,4 |
| Report and Presentation | Group | 50 - 60% | 1,2,3,4,5 |
Content
- What are the financial statements?
- How to do financial performance analysis?
- How to conduct financial forecasting, and which methods to employ?
- How to assess funding needs of a start-up?
- How to value an early-stage start-up, and which valuation methods to use?
- Where are the local and international sources of funding for start-ups?
- What are exit strategies for investors and start-up entrepreneurs?
- What is a term-sheet, and how is it prepared?
Study resources
Reading materials
A list of reading materials and/or required textbooks will be available in the Unit Outline on Canvas.