Technology Venture Creation (ELEC5701)

UNIT OF STUDY

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.
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.
This course is taught by instructors experienced in technology startups & venture capital. The course will include a number of guest lectures by industry.

Our courses that offer this unit of study

Further unit of study information

Classes

Lecture 2 hrs/week; Workgroup 1 hr/week.

Assessment

Through semester assessment (40%) Final Exam (60%)

Faculty/department permission required?

No

Unit of study rules

Prohibitions

ENGG5102

Study this unit outside a degree

Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.