Course description
Start Up Template will enable resource industry professionals maximise the value of their intellectual capital. This will be achieved by a practical exercise and creation of a joint company or 'NewCo' with exposure to corporate processes to from a leadership or founder position. Ideas generated by technical people on the resources industry including exploration and or mining/processing concepts should be protected not only by patent if possible but by protecting the tenure of the idea.
The course is broken into three days of learner centred training detailing group exercise of company formation one day one, followed by company operations in the early stages. Probable endgames for the company and its new shareholders. An optional data load review session is available bevor the start.
An important element to the course is the pivot away from areas of technical comfort all geologists, engineers or general technical people have, into the importance of commercialising their ideas without over reliance on a finance industry always ready to monetise an idea without a holistic view on benefits to shareholders, community and the likely end game or outcome for the enterprise in the medium to long term.
Early creation of a capital growth plan is a key area the group will discuss and work on to produce for the joint NewCo. Discussion of real world presentations will also be analysed in a group environment and mock investment bank analyst reviews. Day two will equip participants to develop a plan for ongoing operations beyond the period of initiation of the company into the critical post 'honeymoon' stage of a NewCo.
Course content
Optional Data Load Review Session - 1hr
Day One: Company Assembly - 3hrs
- Definition of an ‘Exploration' Company and its components.
- Asset Selection Methodology - Look to Global Long Term trends
- Team Selection Methodology - Experience Early
- 1.1 Create - Agree outline of objectives - Asset and Company Composition
- 1.2 Evaluate - Debate Group Company Objectives and Demand for Asset - 'Product' - ie the shares of the Company
- 1.3 Apply - Sell Side - First Share offer for Seed capital and IPO - how to pitch this and structure Share register.
Day Two: Capital Growth Program - 3hrs
- 2.1 Analyze - Day One Assignment Reviews - Post Offer Review positives or negatives
- 2.2 Understand - Types of Capital
- 2.3 Remember - We will do a second Newco as individuals.
Day Three: Assignment Review Day Two - 3hrs
Type of training
This online course is a combination of e-learning, computer-based learning, videos and group work (home study).
Objectives and outcome
Participants will be able to apply a template as per below of how to commercialise their ideas in the key area of competition and value creation in the resources sector - exploration tenure and discoveries.
Implement a funding strategy for the cash negative NewCo with appointment of advisory and or partners using examples of templates to ensure commercial agreements that protect the participants' interests.
Further education suggestions and contacts – internship with a stock broker as they will selling your idea in the future.
Language
English
Requirements
Participants would require their own laptop and a stable high-speed internet connection to take part in this course.
