Credit value: 15
Restrictions: This module is only available to UCL MBA students. You must have first completed the Business Economics module.
Innovative organisations – established or start-up – often need to raise capital from external sources to finance projects and expansion. Typical sources include venture capital, business angels and crowdfunding among others. This module introduces, explores and evaluates the steps on the entrepreneurial funding ladder. It identifies the main forms of entrepreneurial finance within the investment process; shows how private equity and venture capital funds, business angels and crowdfunding platforms work; specifies how organisations become investment-ready, raise external finance and how they divest and exit. The practicalities of the impacts of differing packages of differing sources of funding with differing costs of capital and terms and conditions are analysed and critiqued. Additionally, project and expansion plans are prepared combining financial matters with business landscape considerations.
By the end of this module, you should be able to:
Methods of assessment: