Emerging Business Formation and Financing

Catalog description

This course introduces students to the skills to create a new business venture to commercialize an innovation through a new organization. This course builds upon the skills and concepts introduced to students in INN 510 and adds the methodologies and additional analytical skills necessary to convert an innovation into a business. This course covers the formation of a business enterprise, the management of founder liabilities, corporate finance alternatives, deal terms and mechanics, and business exits. Knowledge of innovation ideation, business model creation, and customer discovery is required. Prerequisite: INN 510 or relevant professional experience as determined by the instructor.