Technology Venture Creation
ELEC5701
This unit of study prepares graduating students with insight and skills in how to turn a concept into a high technology startup company. The class will provide students with knowledge, practical experience and frameworks to assist in evaluating the market for a technology product or service, the design & viability of business models around it, the formulation of a funding-reading business plan & financials, capital raising options & process, venture capital, building distribution channels, intellectual property protection, putting together an A-grade management team, term sheets & funding documentation, technology sales models and going global. We will look at real world case studies of successful technology companies (and flame outs). Does Twitter have a viable business model? Will Facebook eat its lunch? Is YouTube just burning cash? Will Google rule the world? During the period of the course, students will form teams and write a business plan around a concept they propose. Each student will assume a role in the team (CEO, CTO, CFO, VP Sales & Marketing). The plan will be judged by a panel of real world venture capitalists, entrepreneurs and angel investors to determine the final grade for the course. The course is limited to 40 students (10 teams of 4) in addition to a waiting list of 8. Be warned that a serious commitment will be required in developing the concept into a viable business plan. The outcome, however, will be very rewarding to those students interested in starting the next Google. Prospective students should send an email in 400 words or less on why they want to enroll prior to acceptance, to the course email address. This course is taught by instructors experienced in technology startups & venture capital. The course will include a number of guest lectures by industry.
Unit of study details
Unit of study level: Postgraduate
Credit points: 6
Commencing semesters: 2
Further unit of study information
Unit of study handbook: ELEC5701
Costs and scholarships information: Costs and Scholarships
Final dates to withdraw from units of study: Census Dates
Available for study abroad and exchange: Yes
Our courses that offer this unit of study
- Bachelor of Design Computing
- Bachelor of Design in Architecture
- Master of Engineering (Chemical and Biomolecular Engineering)
- Master of Engineering (Civil Engineering)
- Master of Engineering (Telecommunications Engineering)
- Master of Engineering (Automation and Manufacturing Systems)
- Master of Engineering (Biomedical Engineering)
- Master of Engineering (Electrical Engineering)
- Master of Engineering (Fluids Engineering)
- Master of Engineering (Geomechanical Engineering)
- Master of Engineering (Mechanical Engineering)
- Master of Engineering (Power Engineering)
- Master of Engineering (Structural Engineering)
- Master of Engineering (Sustainability and Environmental Engineering)
- Master of Professional Engineering (Aerospace)
- Master of Professional Engineering (Biomedical)
- Master of Professional Engineering (Geomechanical)
- Master of Professional Engineering (Chemical and Biomolecular)
- Master of Professional Engineering (Power)
- Master of Professional Engineering (Civil)
- Master of Professional Engineering (Electrical)
- Master of Professional Engineering (Environmental Fluids)
- Master of Professional Engineering (Software)
- Master of Professional Engineering (Structural)
- Master of Professional Engineering (Telecommunications)
- Master of Professional Engineering (Mechanical)
- Graduate Diploma in Engineering
- Graduate Certificate in Engineering
- Bachelor of Engineering (Aeronautical)
- Bachelor of Engineering (Aeronautical (Space))
- Bachelor of Engineering (Civil (Geotechnical))
- Bachelor of Engineering (Chemical and Biomolecular)
- Bachelor of Engineering (Civil (Construction))
- Bachelor of Engineering (Civil (Environmental))
- Bachelor of Engineering (Civil (Structures))
- Bachelor of Engineering (Civil)
- Bachelor of Engineering (Electrical) (Telecommunications Electrical Computer)
- Bachelor of Engineering (Electrical (Power))
- Bachelor of Engineering (Flexible First Year)
- Bachelor of Engineering (Mechanical)
- Bachelor of Engineering (Mechanical (Space))
- Bachelor of Engineering (Mechatronic)
- Bachelor of Engineering (Mechatronic (Space))
- Bachelor of Engineering (Software)
- Bachelor of Engineering (Biomedical)
- Bachelor of Engineering and Bachelor of Science
- Bachelor of Engineering and Bachelor of Arts
- Bachelor of Engineering and Bachelor of Laws
- Bachelor of Engineering and Bachelor of Medical Science
- Bachelor of Information Technology
- Bachelor of Computer Science and Technology (Advanced)
- Bachelor of Computer Science and Technology
- Bachelor of Engineering (Civil) and Bachelor of Design in Architecture
- Bachelor of Information Technology and Bachelor of Arts
- Bachelor of Information Technology and Bachelor of Medical Science
- Bachelor of Information Technology and Bachelor of Science
- Bachelor of Engineering and Bachelor of Commerce
- Bachelor of Information Technology and Bachelor of Commerce
- Bachelor of Engineering and Bachelor of Project Management
- Engineering Undergraduate Non-Degree
- Engineering Undergraduate Cross-Institutional