MBA and Master's Programs

This page describes the course Fin 686: New Enterprise Finance.

Finance 686: Creative Destruction Lab (CDL) Program

Program Overview

The Creative Destruction Lab (CDL) is a seed-stage program for massively scalable, science and technology-based companies. The program employs an objectives-based mentoring process with the goal of maximizing equity-value creation. 

The selected CDL ventures are supported by a class of our MBA students working with the venture founders to develop financial models, evaluate potential markets and fine-tune strategies for scaling over the course of the program. In support of the ventures, CDL students participate in two courses (one in Fall and one in Winter) – focusing on new venture financing, marketing and markets, strategy and early-stage venture operations.

In the 2018-19 cohort, CDL-Rockies welcomed a total of 50 ventures, comprised of two streams of 25 ventures, one specialized in Clean/EnerTech and one generalized “Prime” stream. CDL-Rockies will be seeking approximately 70 highly motivated students to support the 50 ventures in the program.

Course Information

The CDL program split into 2 parts:

  • Part 1: New Enterprise Finance
    New Enterprise Finance is designed to help students learn about venture formation, development of a viable business model, early-stage financing, and management of massively scalable ventures through a series of close interactions with early-stage technology companies and their potential mentors and investors (“G7 Fellows and Associates”).
  • Part 2 Creative Destruction Lab
    Advanced Seminar in Venture Development; Creative Destruction Lab - Rockies combines the application of financial and entrepreneurial theory and analysis to the development of new ventures, focusing on developing an effective scale-up model, establishing effective governance structures, negotiating with venture capitalists, and developing an exit strategy.

Program Benefits

If chosen to participate in this program, students will:
     • Deepen their entrepreneurial knowledge through the course content
     • Learn first-hand from wildly successful serial entrepreneurs
     • Receive hands-on coaching from Venture Leaders 
     • Work directly with the founders of the ventures to deliver real-world impact
     • Discover potential opportunities to secure employment with venture companies