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Start-up Finances
Study Course Description
Course Description Statuss:Approved
Course Description Version:4.00
Study Course Accepted:03.12.2020 16:32:27
| Study Course Information | |||||||||
| Course Code: | SBUEK_131 | LQF level: | Level 6 | ||||||
| Credit Points: | 3.00 | ECTS: | 4.50 | ||||||
| Branch of Science: | Management; Business Management | Target Audience: | Business Management | ||||||
| Study Course Supervisor | |||||||||
| Course Supervisor: | Inna Dovladbekova | ||||||||
| Study Course Implementer | |||||||||
| Structural Unit: | Department of International Business and Economics | ||||||||
| The Head of Structural Unit: | |||||||||
| Contacts: | Riga, 16 Dzirciema iela, C block, Room C-215, sbek rsu[pnkts]lv, +371 67409184 | ||||||||
| Study Course Planning | |||||||||
| Full-Time - Semester No.1 | |||||||||
| Lectures (count) | 7 | Lecture Length (academic hours) | 2 | Total Contact Hours of Lectures | 14 | ||||
| Classes (count) | 7 | Class Length (academic hours) | 2 | Total Contact Hours of Classes | 14 | ||||
| Total Contact Hours | 28 | ||||||||
| Part-Time - Semester No.1 | |||||||||
| Lectures (count) | 5 | Lecture Length (academic hours) | 2 | Total Contact Hours of Lectures | 10 | ||||
| Classes (count) | 6 | Class Length (academic hours) | 2 | Total Contact Hours of Classes | 12 | ||||
| Total Contact Hours | 22 | ||||||||
| Study course description | |||||||||
| Preliminary Knowledge: | Practical Entrepreneurship. | ||||||||
| Objective: | To make students aware of the support tools available to start-ups – accelerators, business angels, venture capitalists, etc., and make them aware of the advantages and disadvantages of each tool and to develop the skills of applying for these tools successfully. | ||||||||
| Topic Layout (Full-Time) | |||||||||
| No. | Topic | Type of Implementation | Number | Venue | |||||
| 1 | Financial instruments. | Lectures | 1.00 | auditorium | |||||
| 2 | Start-up support tools. | Lectures | 1.00 | auditorium | |||||
| 3 | Accelerator analysis and research. | Lectures | 1.00 | auditorium | |||||
| Classes | 1.00 | auditorium | |||||||
| 4 | Incubator analysis and research. | Lectures | 1.00 | auditorium | |||||
| Classes | 1.00 | auditorium | |||||||
| 5 | Business angel analysis and research. | Lectures | 1.00 | auditorium | |||||
| Classes | 1.00 | auditorium | |||||||
| 6 | Venture capital analysis and research. | Lectures | 1.00 | auditorium | |||||
| Classes | 1.00 | auditorium | |||||||
| 7 | Comparison of support tools available in Latvia. | Classes | 2.00 | auditorium | |||||
| 8 | Opportunities for start-ups to get financial support tools. | Lectures | 1.00 | auditorium | |||||
| 9 | Case study – starting a start-up in one of the support tools. | Classes | 1.00 | auditorium | |||||
| Topic Layout (Part-Time) | |||||||||
| No. | Topic | Type of Implementation | Number | Venue | |||||
| 1 | Financial instruments. | Lectures | 1.00 | auditorium | |||||
| 2 | Start-up support tools. | Lectures | 1.00 | auditorium | |||||
| 3 | Accelerator analysis and research. | Lectures | 1.00 | auditorium | |||||
| Classes | 1.00 | auditorium | |||||||
| 4 | Incubator analysis and research. | Lectures | 1.00 | auditorium | |||||
| Classes | 1.00 | auditorium | |||||||
| 5 | Business angel analysis and research. | Lectures | 1.00 | auditorium | |||||
| Classes | 1.00 | auditorium | |||||||
| 6 | Venture capital analysis and research. | Classes | 1.00 | auditorium | |||||
| 7 | Comparison of support tools available in Latvia. | Classes | 1.00 | auditorium | |||||
| 9 | Case study – starting a start-up in one of the support tools. | Classes | 1.00 | auditorium | |||||
| Assessment | |||||||||
| Unaided Work: | Case studies – making financial choices at start-up companies – Uber, Infogr.am and Autopilot Automotive Lab, presenting the support tool selected for one’s start-up, preparing argumentative essays on each of the support tools and comparative analysis of them. | ||||||||
| Assessment Criteria: | The final grade is constituted by the sum of all grades. Knowledge will be assessed using 10-point grading scale. Organisation and tasks of students’ independent work: Accumulated grade and final work - exam. Percentage of the accumulated grade consists of: activity in seminars (20%); homework (30%); exam (50%). If not all written papers are submitted, the lecturer has the right not to admit the student to the exam until all written papers are submitted, but not later than by 1 January in the first semester. In case signs of plagiarism or the use of other students’ work are detected, the work will be assessed with grade “0”. For plagiarism, a student may receive the Rector’s reprimand or be expelled from the university. In case of the use of various unauthorised aids during the exam, the exam will be assessed with grade “0” without the possibility of retaking the exam. | ||||||||
| Final Examination (Full-Time): | Exam (Written) | ||||||||
| Final Examination (Part-Time): | Exam (Written) | ||||||||
| Learning Outcomes | |||||||||
| Knowledge: | Upon completion of this course, students will be able to: • describe the support tool for each start-up company; • compare the support tools available in different start-up companies; • describe the functions and principles of start-up company support tools; • evaluate the most suitable support tool for a start-up company. | ||||||||
| Skills: | Upon completion of this course, students will know how to: • prepare the materials needed for the support tools; • present the necessary/appropriate presentations for the support tools (pitch presentation, pitch deck, etc.); • gather essential information about a start-up company so that they can be suggested the most appropriate support tool; • analyse real-world situations and look for solutions offered by Latvian and international start-up business environment. | ||||||||
| Competencies: | After completing this course, students will be able to: • substantiate their views on the support tools available to the start-up company and their suitability for the particular start-up company; • work in a team and delegate responsibilities; • develop a plan for further development of the start-up company in attracting funding; • implement their business ideas based on analysis and facts. | ||||||||
| Bibliography | |||||||||
| No. | Reference | ||||||||
| Required Reading | |||||||||
| 1 | Calopa M.K., Horvat J., Lalic M., Analysis of financing sources for start-up companies, Management, Vol. 19, 2014, 2, pp. 19-44 | ||||||||
| 2 | Cremades A., , Corcoran B., The Art of Startup Fundraising: Pitching Investors, Negotiating the Deal, and Everything Else Entrepreneurs Need to Know, 2016.g., Wiley | ||||||||
| 3 | Davis M.P., The fundraising rules, 2013.g., CreateSpace Independent Publishing Platform | ||||||||
| 4 | Kerr W.R., Nanda R., Financing Constraints and Entrepreneurship, 2009.g., Harward business review, pieejams tiešsaitē: http://www.hbs.edu/faculty/Publication%20Files/10-013.pdf | ||||||||
| Additional Reading | |||||||||
| 1 | Kisyombe V., Challenges and opportunities of financing a start-up, 2013.g., Youth business linkages forum | ||||||||
| 2 | Mullins J., The Customer-Funded Business: Start, Finance, or Grow Your Company with Your Customers' Cash, 2014.g., Wiley. | ||||||||
| 3 | Wasserman N., The Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup (The Kauffman Foundation Series on Innovation and Entrepreneurship), 2013.g., Princeton University Press | ||||||||
| 4 | William H.D., Schmidt E., The Startup Game: Inside the Partnership between Venture Capitalists and Entrepreneurs, 2012.g., St. Martin's Griffin | ||||||||
| Other Information Sources | |||||||||
| 1 | http://www.economist.com/sections/business-finance | ||||||||
| 2 | www.hbr.org | ||||||||
| 3 | www.labsoflatvia.com | ||||||||
