75440 - Venture Capital Philanthropy

Course Unit Page

Academic Year 2018/2019

Learning outcomes

Students will learn the financial instruments to value investments, especially in terms of impact investing, venture capital philanthropy investments. Students will also learn how to structure a winning business plan, for venture financing purposes.

Course contents

The course focuses on Innovative Finance, Impact Investing, and Venture Philanthropy. It is  designed for second-cycle/ master students specialized in social economics. It is strongly recommeded the attendance (starting from the first class). In the first class, you will receive all the details about the course and projects you are supposed to implement. ATTENTION: PLEASE ATTEND THE FIRST CLASS, in order to partake to the organization of the projects to be implemented in the course.

The main topics are:

  • Innovative Finance
  • Differences between Venture Capital and Venture Capital Philanthropy
  • Impact investment evaluation
  • Social Crowdfunding 
  • Business Planning with social impact

 

The course has an applied nature and emphasizes case discussions, business plan simulations, exercises in laboratory.

Readings/Bibliography

As introduction, to help understand the characteristics of Venture Philanthropy and the differences with the Venture Capital finance, please see the following book:

  1. S. Zambelli (2015). La Finanza a Impatto Sociale: Sfide e Prospettive della Venture Philanthropy. Aracne Editrice, Roma.

As basic material for the course, I suggest the following book:

  1. EVPA (2016), "Venture Philanthropy and impact investing" available on line (upon registration) at the followingEVPA link [http://evpa.eu.com/knowledge-centre/publications/venture-philanthropy-and-social-impact-investment-a-practical-guide]

Other useful reference material (in English) can be found in the dedicated link of the course

https://sites.google.com/site/simonazambellihomepage/home/teaching-activity/venture-capital

Teaching methods

Business plan and business case simulation.

Class discussions are welcome.

Assessment methods

Written project based on a theme/problem underlying the investment cycle followed by venture philanthropists

Teaching tools

Each class is structured in terms of theory, applications, class discussion, exercises, business case simulations

Links to further information

https://sites.google.com/site/simonazambellihomepage/home/teaching-activity

Office hours

See the website of Simona Zambelli