University of Technology Sydney

94658 Innovation Funding Platforms

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 2024 is available in the Archives.

UTS: Transdisciplinary Innovation
Credit points: 8 cp
Result type: Grade and marks

Description

This subject explores the world of innovation funding. Students learn about sources of funding and the process by which an innovative business or project can be funded. Using a range of learning approaches to increase knowledge adaptation, students form entrepreneurial teams to explore the funding ecosystem, develop a funding proposal for an innovative idea or project, and critically analyse funding prospects. Students come away having a firm knowledge of the start-up funding process and the components necessary to seek funding for an innovative idea or project.

Subject learning objectives (SLOs)

Upon successful completion of this subject students should be able to:

1. Interpret and communicate analysis of quantitative and qualitative data to support decisions for expanding an early stage enterprise/initiative.
2. Explore different methods and mentalities for stimulating creativity, innovation and scalability in teams and/or organisations.
3. Identify and deal with barriers and enablers of innovation and transformation across organisations, networks, and/or systems with sensitivity to social and cultural dynamics.
4. Assemble a multidisciplinary team to support the expansion of an early stage enterprise/initiative.
5. Identify opportunities for innovation and develop strategies to persuade and support people to innovate.
6. Communicate the mission of an emerging enterprise/initiative and the value proposition of its products and services using a range of 'voices' that are appropriate to 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, 4 and 6

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:

4 and 6

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.