ADM4009 - Entrepreneurial Finance

Credit hours

In-class work
per week
per week
15 weeks
120 hours

Alex da Silva Alves

This course focuses on the challenges and financial issues relevant to the growth of New Emerging Enterprises (NEE) which, it is to say, are drastically different from those that confront established businesses. In particular, the focus of this course is to analyze the financial issues peculiar to SEN and to develop a set of analytical skills that will be widely applied in addressing these issues. Proper understanding of financial issues, as well as good use of these skills, will require a solid understanding of the logic, structure, conduct and performance of the financial and capital markets, and in particular the private equity and venture capital markets.

Entrepreneurship and knowledge-based innovation; economic role of the entrepreneur and the capital market; conceptual contrast between Finance for Entrepreneurs and Corporate Finance; characteristics, agents, processes and techniques involving the private equity and venture capital market and industry; funding sources for start-ups - government funds, individual investors, seed capital funds and corporate venture capital; concepts and techniques for determining the financing needs of the fledgling company, initial valuation of the company and the portion to be sold, and structuring and negotiation of the terms of the investment contract.

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