Students do not need to have completed a specific subject for optimal learning.

This course provides students with a specific and basic theoretical and practical knowledge of the public and private financing instruments available to our companies. Special emphasis will be placed on the analysis of the financial resources available to small and medium-sized enterprises (SMEs), as these small companies are the basis of the country's economic and productive fabric. It will also focus on the financing of technology-based companies, as the driving force behind innovation and technology transfer. Also, in the financing of social enterprises or enterprises with socially responsible economic projects. In general, also in sustainable business financing. This knowledge will be useful and of interest for the academic and professional projection of the student specialising in finance. To achieve this objective, the student must acquire a series of knowledge, skills and attitudes. In terms of knowledge, at the end of the course the student will be able to: - Understand and synthesise the functioning of the various financial instruments, public and private, available to the entrepreneur to finance his economic activity and investment projects. In terms of skills, at the end of the course the student will be able to: Understand and synthesise the functioning of the various public and private financial instruments available to entrepreneurs to finance their economic activity and investment projects: - Draw up reports on the different business financing instruments. - Analyse and discern the financial resources that best suit the structure of the company. In terms of knowledge, at the end of the course the student will be able to: - Understand and synthesise the functioning of the various instruments, public and private, available to the entrepreneur to finance his activity. In terms of skills, at the end of the course the student will be able to: Understand and summarise the functioning of the various instruments, public and private, available to the entrepreneur to finance his activity: - Draw up reports on the different business financing instruments. - Analyse and discern the financial resources that best suit the legal and economic structure of the company. In terms of attitudes, after completing the course the student should have: - A critical, flexible and responsible attitude with respect to the functioning of the company's own and external financing channels. - An entrepreneurial, innovative and social spirit. With all of the above, the learning outcomes will be the following: 1. To be introduced to the general legal framework that regulates the Financial Markets (Credit Market and Stock Market). 2. To understand and know how to synthesise the functioning of the different public and private instruments available to the entrepreneur to finance his economic activity. 3. Acquire a specific knowledge of the legislation applicable to the instruments of own and external financing of companies. 4. Identify the financial instruments specifically regulated for small and medium-sized companies. 5. To be able to identify the most appropriate financial instruments for technology-based companies. 6. Know the regulations for the promotion of the financing of social enterprises.

PART I: CORPORATE FINANCE: CURRENT OVERVIEW OF FINANCIAL MARKETS. 1. Introduction to Financial Markets: Credit market and stock market. 2. New technological players in the financial markets (Fintech). PART II: COMPANY FINANCING. 3. The company's own internal financing: self-financing. 4. The company's own external financing: share capital. Issue of shares on the stock market. PART III: EXTERNAL FINANCING OF THE COMPANY. 5. Public external financing of the company: national and european public aid. 6. Private external financing of the company: commercial or supplier credit, bank credits. Assignment of credits: Bank discounting and factoring. Debt assignment: Confirming. Leasing and renting. Bond issues. PART IV: SPECIFIC FINANCING OF SMALL AND MEDIUM-SIZED ENTERPRISES. 7. Traditional SME financing difficulties and legislative proposals. 8. Bank financing of SMEs. 9. Financing of business projects through crowdfunding. 10. Technological financing: Initial Coin Offering (ICO). 11. Indirect financing of SMEs through reciprocal guarantees: mutual guarantee companies. 12. SME financing through equity loans. 13. SME financing through asset securitisation. 14. Venture capital financing for SMEs: venture capital, private equity and business angels. 15. Financing growth companies through BME Growth and the Alternative Fixed-Income Market (MARF). PART V: FINANCING TECHNOLOGY-BASED COMPANIES. 16. The concept of ¿technology-based companies¿ and spin-offs. 17. Specific financing of technology-based companies and spinf off. PART VI: SUSTAINABLE FINANCING. 18. Sustainable equity and debt finance. 19. Green lending. 20. Green bonds and social bonds. 21. Sustainable investment funds. 22. Other forms of sustainable financing.

The aim is to train students in the subjects covered by the programme through a system of active and participative learning. Successful completion of the course will involve the acquisition of theoretical and practical knowledge. This theoretical-practical duality will allow students to obtain an optimal knowledge of the business financing system. Practical knowledge will be obtained through the study of the actual documentation and forms used in business financing. In this sense, it will be useful to read and prepare practical cases, comments, reports or business plans. The hours of study and work done by students outside class will be taken into account when calculating the ects credits of the subject.