94658 Innovation Funding Platforms
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Subject handbook information prior to 2024 is available in the Archives.
Credit points: 8 cp
Result type: Grade and marks
Description
Innovation costs money – whether it is a new product, service, or social initiative. In this subject, students go on an innovation funding journey with industry stakeholders to understand where money for innovative initiatives comes from, and what the advantages and disadvantages of different funding sources are. Students develop their own funding proposal for an innovative idea or project and learn how to pitch it to potential funders. This subject equips students with practical skills and knowledge to obtain funding for a diverse range of innovative initiatives.
Subject learning objectives (SLOs)
Upon successful completion of this subject students should be able to:
| 1. | Utilise quantitative and qualitative data analysis to identify opportunities and to support decisions for expanding an innovative initiative. |
|---|---|
| 2. | Develop skills and techniques to professionally engage and collaborate with key stakeholders in an innovation funding ecosystem. |
| 3. | Critically evaluate social and ethical elements and considerations within an innovation funding ecosystem. |
| 4. | Identify opportunities for innovation and develop strategies to persuade and support people to innovate. |
| 5. | Communicate the mission and value proposition of an emerging initiative by engaging with different audiences. |
Contribution to the development of graduate attributes
This subject contributes to the following course intended learning outcomes:
Use a range of appropriate data, tools, techniques, technologies and methods creatively and critically in multi-disciplinary teams to discover, investigate, design, produce and communicate ideas or artefacts (CILO 3.3).
Articulate often-complex ideas simply, succinctly and persuasively to a diverse team or audience (CILO 3.4).
Make decisions that recognise the humanity of others by engaging ethically and sensitively to the values of particular groups, communities, organisations or cultures (CILO 4.4).
Exercise good judgment in knowing when to take a leadership role, and when to enable leadership by others to address community, organisational or cultural issues, challenges and opportunities through innovation (CILO 4.5).
Identify required capabilities for realising an idea and create a venture team to achieve the aspirations of a particular innovation (CILO 5.3).
Communicate confidently and with diplomacy to influence essential stakeholders or decision makers and to achieve impact (CILO 5.4).
94658 Innovation Funding Platforms develops the following Program Learning Outcomes in the Bachelor of Entrepreneurship (Honours)
1.1 Apply creative, critical and analytical thinking to review and progress an entrepreneurial project
Teaching and learning strategies
This subject will consist of six full days scheduled over 3 weeks, supplemented by online modules and activities.
Learning will take place in a collaborative, immersive, experiential, studio-based environment. Students will work with academics and professionals across a wide range of disciplines.
Content (topics)
- Sources of funding: Venture Capital, Angel Investors & other sources
- Selling an innovative idea to investors
- Business models & Value proposition
- Equity capital & Start-up valuation
- Due diligence & Financial statements
Assessment
Assessment task 1: Understanding the funding ecosystem
| Intent: | A detailed assesment brief outlining specific requirements for each assesment task will be available in UTS Online. Please, ensure you consult these briefs before you undertake the assesment tasks. |
|---|---|
| Objective(s): | This task addresses the following subject learning objectives: 1, 3 and 5 This assessment task contributes to the development of course intended learning outcome(s): .2, .3 and .5 |
| Type: | Report |
| Groupwork: | Individual |
| Weight: | 30% |
Assessment task 2: Funding proposal
| Objective(s): | This task addresses the following subject learning objectives: , 1, 2 and 4 This assessment task contributes to the development of course intended learning outcome(s): .3, .4, .4 and .4 |
|---|---|
| Type: | Report |
| Groupwork: | Group, group and individually assessed |
| Weight: | 50% |
Assessment task 3: Funding pitch
| Objective(s): | This task addresses the following subject learning objectives: and 4 This assessment task contributes to the development of course intended learning outcome(s): .4 and .4 |
|---|---|
| Type: | Presentation |
| Groupwork: | Group, group assessed |
| Weight: | 20% |
Minimum requirements
Students must attempt each assessment task and achieve an overall pass mark in order to pass this subject.
Late penalties apply to all assessment tasks as outlined in the TD School FYI student booklet. Please consult this booklet for other useful information including Special Consideration, Plagiarism, Extension, and Student Support Services.
A minimum of 80% of attendance of classes (as outlined in the timetable) is required.
Required texts
No required texts. Readings and other resources will be provided online.