Walking in Green ($) Shoes- How to Teach Students to Raise Money
Start-up or growing businesses all need capital to make things happen, and almost entrepreneurs have never raised any real money for a business before. Teaching students to walk in the shoes of the banker or the investor makes the whole process easier to understand and the students’ expectations more realistic!
You can teach them to plan but nothing happens without capital to feed the ideas. Do you have a capitalizing course that goes beyond the textbook to the real world of raising money in a tight economic climate?
Creating curriculum on the raising capital is difficult, complex and highly sensitive to the market in which you operate. The volume of information is enormous; and the rules and regulations of raising venture capital unsettle even attorneys and CPA’s. Today’s bank commercial lending process can overwhelm the average entrepreneur. How do you keep the entrepreneur student upbeat, realistic and motivated in the face of total information overload?
The solution is to teach the entrepreneurship student a new perspective- that of the investor or banker/loan officer. Once they understand what each of these individuals want and need, then the entrepreneur can focus on producing a financing plan that provides the necessary information in a professional and complete manner.
Presenting this session is Dakota County Technical College Instructor Bob Voss who has raised over $8 million in venture capital from accredited investors and successfully acquired both debt financing and traditional commercial loans for his own ventures. Bob has developed and delivered the DCTC Entrepreneurship course- “Capitalizing a Small Business” and it has been highly rated by students and the economic development community for its results in getting students prepared to raise money in the real world. Session participants will receive our curriculum, other handouts and resources to take back to their institution.
Robert Voss, Business Entrepreneur Instructor, Dakota County Technical College, MN
Christine Pigsley, Associate Dean, Dakota County Technical College, MN