In the third upgrade to the 0 credit point Business Entrepreneurship unit, students learn about bootstrap finance. Colloquially, the term 'bootstrap finance' describes the feat of pulling yourself up by your shoelaces, by obtaining rudimentary funding from friends and family for a new business venture, and creating the conditions that might allow the venture team to later obtain business angel or venture funding. In this upgrade, students acquire theoretical knowledge of the valuation of a new business idea and venture, learn how to analyse a case, and formulate a perspective on the structure of the financial sources and models available. This intensive unit employs experiential learning, and provides students with a business case, and hands-on tasks to develop the necessary skills and insights into early venture funding.
1x 8hr intensive workshop over one or two days
Individual assignment (100%)
Students may also wish to pursue related OLE units, OLET1201 and OLET1202.