FIN 475: Financing New Ventures
Note: This course code has changed from B 475 to FIN 475. You may occasionally see references to the old course code or title.
This class focuses on one of the most compelling issues for new/small/growing/private companies: how to raise capital.
This course is a part of the Business Management Integrated Finance Emphasis program and serves as an overview of all the options available to successfully finance new ventures. Financing alternatives are explored, including debt financing (from venture banks, commercial banks, and SBICs) and equity financing (from angels, private placements, venture capitalists, and public equity markets).
- Identifying great business opportunities (investors are most willing to put money into great businesses—so what makes a business great?)
- Sequencing of funding rounds
- Funding sources (self, crowd, angel, venture capital, debt, government, grants)
- Exit (harvest: merger, acquisition, IPO)
- Exhibit understanding of basic concepts of opportunity analysis by performing quality analyses.
- Produce effective, working valuation models based on industry standard practices.
- Analyze major sources of new venture funding and produce side-by-side comparisons showing the context and availability of each source.
- Demonstrate an in-depth understanding of key concepts and vocabulary relating to new venture funding via a series of department standard assessments.
- Write and present a comprehensive investor-focused business plan that will be considered worthy of funding after undergoing a sophisticated venture capital review.
48 credits completed.
- All the textbooks are free.
- Business Plans that Work: A Guide for Small Business. New York: McGraw-Hill Professional, 2011. Zacharakis, A., Spinelli, S. J., & Timmons, J. A. (2011). 978-0-07-175257-2
- Raising Capital: Get the Money You Need to Grow Your Business. New York: AMACOM. Sherman, A. J. (2005). 978-0-81-441704-1
- Excel is required. Microsoft Office is free to BYU-Idaho students through the bookstore.
Learning Model Architecture
Each week, you will prepare by learning what is happening in business finance through current news items. You will learn how each type of financing works through readings and videos.
You will teach one another through discussions and group projects that help you share what you have learned and gain from each other's experiences.
Your opportunity to ponder and prove is written into the activities each week as weekly activities stemming from the focus of the lesson each week.
Each week, you will have a video or materials introducing that week's topics. You will have readings from the class materials, videos, and outside readings about the topic that week.
Due End of the Week
There will then be an activity to apply or expand upon what you have learned. These activities take time and are often group work, so you need to start them before the due date.
You will have one group that you work with throughout the class. You have activities that require working to create assignments together and giving each other feedback on individual assignments and some discussions. Read the instructions carefully each week for the assignment requirements.
Group accountability reports will be completed periodically throughout the course. Students who do not contribute to (or only minimally participate in) group projects will receive a lower grade than group members who do contribute.
Follow the assignment instructions and rubrics attached to the assignments. The rubrics provide detailed expectations for each assignment.
-W01 Quiz: Syllabus
-W10 Exam: Funding Sources
-Group Project Peer Rating
-Generate 20 ideas
|Business Plan (Group Projects)||
-Team Roles/Tasks Events Business Plan
-Business Plan Executive Summary
|Total Points: 680|
Late Work Policy
No late work is accepted in this class, so it is imperative that you watch your class calendar and keep track of your due dates.
The instructor reserves the right to change any part of this syllabus at any time during the semester in order to adapt to changing course needs. You will be notified prior to any changes that may take place.