Week 15

Evita P. Fontanilla
CREATING NEW VENTURES
• Creating New Ventures Entrepreneurial founding team participate effectively on an
entrepreneurial
• New venture by validating an initial idea and business model in the field
• Business plan the financial aspects of a new business. Learning the critical skills to
create a successful
ENTREPRENEURIAL INNOVATION
• Create elegant solutions apply principles of design to create and validate elegant
solutions
• Innovative new ventures with a focus on customer pain, elegant solutions, and markets.
• Entrepreneurial Innovation generate creative new ideas demonstrate your ability
FINANCING NEW VENTURE
• Financing new ventures entrepreneurial perspective apply the entrepreneurial
perspective to make better decisions in analysing or creating a business venture
VENTURE CAPITAL
Venture capital process can be broken down into four primary stages:

 Stage 1; Preliminary screening – Initial evaluation of the deal

 Stage 2; Agreement on principal terms –between entrepreneur and venture capitalist
 Stage 3; Due diligence- Stage of deal evaluation
 Stage 4; Final approval- Document showing the final terms of the deal evaluation

What is Entrepreneurship?
Entrepreneurship is the dynamic process of creating incremental wealth. This wealth is
created by individuals who assume the major risk in terms of equity, time and /or career
commitments of providing value for some product or service.
Owner Manager

 They may or may not be entrepreneurs

 They own and manage a small enterprise, in a way, with their personal motivation
 They are more intent on survival than seeking innovative change and growth