FINANCING THE SMALL BUSINESS (2)
1. Start-up Australia,
http://www.start-up.com.au/
Venture Capital
- From the site, what does venture capital appear to be?
Does this agree with chapter 9?
- Explain the stages of venture capital.
- In addition to funding, what are the advantages to the
investee? Could there be any disadvantages? Explain.
2. Business Resource Centre,
http://www.morebusiness.com/
Business How To's. Find Funding Now.
Financing Through a Small Business Investment Company (SBIC)
- What are SBICs and how are their fundings structured?
- What are SSBICs? Is there a need for these in Australia?
A Venture Capital Analysis
- How can venture capital be found?
- Explain the "due diligence process".
- Explain the "top ten" hints to securing venture capital.
3. Business Angels P/L,
http://www.businessangels.com.au/
- In a few lines define what is meant by "business angels".
- Outline and explain the characteristics of business
angels.
- How does Business Angels Pty. Ltd. act as a matching
service? How large is the service?
- Browse Some Useful Sites.
4. AVCAL,
http://www.avcal.com.au/
- Evaluate the advantages of venture capital to a SME.
- Explain how the professional venture capital industry
works.
- What does the venture capitalist look for in a prospective
SME investee?
- What is meant by venture capital as an "asset class"?
5. Caslon Analytics,
http://www.caslon.com.au/
e-capital & VC funding
Venturers.
- Why is debt financing not a viable option for many new
enterprises, especially in internet and other new technology sectors?
- Explain at least six criteria for investment by VC funds.
Angels.
- Differentiate four Angel groups.
- Check out the "Halos" (local formal networks and
facilitators for investment angels). Compare the services of four
current groups.
Incubators.
- What do incubators typically provide for new enterprises?
Which three provisions are the most vital?
6. Undertake an Internet search
to compile a precis of the main information available regarding the following in
Australia;
venture capital development capital business
angels equity matching services
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