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Innovative Financial Instruments Usage for the Company's Operations

Student: Rychkov Artem

Supervisor: Elena Dunenkova

Faculty: School of Innovation and Entrepreneurship

Educational Programme: Research, Development and Innovation Management in Company (Master)

Year of Graduation: 2020

Building an innovative company from scratch is a complex and time-consuming process. Founders of companies face many problems. One of them is funding the project. In Russia, there are different ways to raise funding. However, often they do not meet the needs of companies, so complicated innovative financial instruments appear. In order to raise funding, it is necessary to choose the right tool and prepare the project for raising capital. The problem of research. The inability of traditional financial instruments to meet the needs of venture capital companies in financing, which necessitates the use of innovative financial instruments in order to raise funds for strategic development. The purpose of the final qualification work is to identify an innovative financial instrument and give recommendations for successfully raising funds for the project “Acceleration Development Program:“ Junior Accelerator ”. To achieve this goal it is necessary to solve the following tasks: 1. Review existing financial instruments. 2. Describe innovative financial instruments. 3. Describe successful use-cases. 4. To identify the most suitable innovative financial instrument for attracting financing to the project “Acceleration Development Program: Junior Accelerator”. 5. Describe the recommendations for applying one innovative financial instrument using the example of the project “Acceleration Development Program: Junior Accelerator”. The object of study. Acceleration program for the development of talents: "Junior Accelerator". The subject of study. Conditions and factors for the use of financial instruments to raise funding in the project “Acceleration Development Program: Junior Accelerator”. The main research methods. Questioning, comparison, analysis. Study Structure The work includes an introduction, three chapters, a conclusion, and a list of references. The first chapter of the final qualifying work examines the theoretical aspects of financial instruments, in particular, characterizes such instruments as crowdfunding and ICO. The second chapter of the study is devoted to the analysis of methods of raising capital among successful projects that used crowdfunding or ICO. The third chapter of the study provides a detailed description of the project by comparing the criteria used in the pre-investment analysis, identifies the most suitable way to raise funds in the project, gives recommendations on raising funds, and prepares a media plan for the period of the crowdfunding campaign.

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