Forecasting and measuring the different kinds of costs and finding ways to cover the financial needs is pivotal in developing a business idea. A crucial step relates to understanding issues regarding the setting up phase (establishing a new entity, opening a new organization, etc.) and running current operations. The module will comprise basics in cost analysis and budgeting and elements of fundraising strategies for art and culture, including crowdfunding and community support for heritage rehabilitation and restoration.

The instructors selected for this module are prof. Luca Zan and Ms. Avril Joffe.