Finance for Entrepreneurs

FE - #10617
Joaquim Pina
DCSA
FCT-NOVA

Fall 2022 FE #10617 -- Joaquim Pina 1

Road map
• Finance – Entrepreneurial activity

• Topics

• To be entrepreneur in a global market: Context and challenges

• Financial management as a strategic tool

• Business plan: Methods of financial forecasting
• Financing business opportunities

Fall 2022 FE #10617 -- Joaquim Pina 2

Road map
• Topics

• Economic and financial analysis

• Risk, profitability and leveraging

• Using hedging instruments to cover risks in international market

Fall 2022 FE #10617 -- Joaquim Pina 3

Assessment
• Two homeworks

• Homework 1 (group), 40% – November 11, 2022; (followed by discussion)

• Homework 2 (group), 30% – November 28, 2022

• Midterm (individual; closed book), 30% – December 10, 2022, 9h

minimum grade 9.5 (out of 20)

• Requirement “Frequência” – attend at least 65% of lectures

(condition sine qua non)

Fall 2022 FE #10617 -- Joaquim Pina 4

Homeworks and Midterm
• Homework 1
• Challenge – business opportunity
• Business plan; quantification
• Financials – value, business and revenue model, investment, financing
• Homework 2
• Economic and financial evaluation
• Benchmarks
• Midterm
• Risk-return (risks, measurement, models and instruments)
• Hedging

Fall 2022 FE #10617 -- Joaquim Pina 5

Ignite
• Team

• Challenges – Business opportunities (e.g., H2020, Industry 4.0)

• Entrepreneurial sight

• Screening business ideas / projects

Fall 2022 FE #10617 -- Joaquim Pina 6

Suggestion
• Overview of real world (e.g., SWOT)
• Find innovative ways (e.g., Ansoff)

• Unique value proposition (e.g., Value proposition Canvas)

• Business porfolio screening (e.g., BCG/McKinsey-General Electric)

• Question map; Empathy map

Fall 2022 FE #10617 -- Joaquim Pina 7