ENT 603 - Financing and Sustaining your Entrepreneurial Venture

This course will develop an understanding of the early stage investment environment for start-up endeavors, considering the differences between private equity and venture capital, while comparing both to public market investments involved in entrepreneurship. Students will discuss identification of funding and the investors, as well as develop an understanding of the main frameworks of and income drivers involved with entrepreneurship. Students will prepare financial statements for investors considering the unique nature of the entrepreneurship environment. Students will discuss the choice of the capital structure, identify the main sources of capital for early stage endeavors and entrepreneurial projects, and identify steps in the funding process. The course will discuss the means to implement the process to raise capital, innovative funding endeavors such as crowdfunding and Initial Coin Offerings (ICOs), the development of a pitch to potential investors, and best practices to close the round of funding. Students will develop their understanding of the management issues, the institutional vehicles available, and the specific valuation techniques involved in Entrepreneurship.
Lecure
Credits: 3
Offered in Winter Trimester Offered in Summer