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

Prerequisites
ENT10001 Entrepreneurship and Opportunity

Rule

ENT10001 Entrepreneurship and Opportunity

and

87.5 credit points

 

Teaching Periods
Location
Start and end dates
Last self-enrolment date
Census date
Last withdraw without fail date
Results released date
Semester 1
Location
Hawthorn
Start and end dates
26-February-2024
26-May-2024
Last self-enrolment date
10-March-2024
Census date
31-March-2024
Last withdraw without fail date
12-April-2024
Results released date
02-July-2024
Semester 2
Location
Hawthorn
Start and end dates
29-July-2024
27-October-2024
Last self-enrolment date
11-August-2024
Census date
31-August-2024
Last withdraw without fail date
13-September-2024
Results released date
03-December-2024

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
TOTAL150

Assessment

Type Task Weighting ULO's
ReportIndividual 40 - 60% 1,2 
Report and PresentationGroup 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.