University of Technology Sydney

94658 Funding Innovative Initiatives

Warning: The information on this page is indicative. The subject outline for a particular session, location and mode of offering is the authoritative source of all information about the subject for that offering. Required texts, recommended texts and references in particular are likely to change. Students will be provided with a subject outline once they enrol in the subject.

Subject handbook information prior to 2025 is available in the Archives.

UTS: Transdisciplinary Innovation
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.

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

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

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:

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.