JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD

Course Objective

To understand New venture creation opportunities, its resources and

requirements for Enterprise Startup.

Learning Outcome

Students will be able to understand a) Startup opportunities b) Legal and other

requirements for new ventures c) Financial Issues of startups d) Sustainability and growth of startups

• e) Exit strategies *****

UNIT - I: Startup opportunities

The New Industrial Revolution – The Big Idea- Generate Ideas with

Brainstorming- Business Startup - Ideation- Venture Choices - The Rise of The startup Economy - The Six Forces of Change - The Startup Equation- The Entrepreneurial Ecosystem –Entrepreneurship in India. Government Initiatives.

UNIT - II: Startup Capital Requirements and Legal Environment

Identifying Startup capital

Resource requirements - estimating Startup cash requirements - Develop financial assumptions- Constructing a Process Map - Positioning the venture in the value chain - Launch strategy to reduce risks- Startup financing metrics - The Legal Environment- Approval for New Ventures- Taxes or duties payable for new ventures.

UNIT - III: Starting up Financial Issues

Feasibility Analysis - The cost and process of raising capital

- Unique funding issues of a high-tech ventures - Funding with Equity – Financing with Debt- Funding startups with bootstrapping- crowd funding- strategic alliances.

UNIT - IV: Startup Survival and Growth

Stages of growth in a new venture- Growing with the market

- Growing within the industry- Venture life patterns- Reasons for new venture failures- Scaling Ventures - preparing for change - Leadership succession. Support for growth and sustainability of the venture.

UNIT - V: Planning for Harvest and Exit

Dealing with Failure: Bankruptcy, Exit Strategies- Selling

the business - Cashing out but staying in-being acquired- Going Public (IPO) – Liquidation.

Suggested Readings:

• Kathleen R Allen, Launching New Ventures, An Entrepreneurial Approach, Cengage Learning, 2016.
• Anjan Raichaudhuri, Managing New Ventures Concepts and Cases, Prentice Hall International, 2010.
• S.R. Bhowmik & M. Bhowmik, Entrepreneurship, New Age International, 2007.
• Steven Fisher, Ja-nae’ Duane, The Startup Equation -A Visual Guidebook for Building Your Startup, Indian Edition, Mc Graw Hill Education India Pvt. Ltd, 2016.
• Donald F Kuratko, Jeffrey S. Hornsby, New Venture Management: The Entrepreneur’s Road Map, 2e, Routledge, 2017.
• Vijay Sathe, Corporate Entrepreneurship, 1e, Cambride, 2009.
• Bruce R. Barringer, R.Duane Ireland, Entrepreneurship successfully, launching new ventures.Pearson,2019