Unding proposal for a new biotechnology firm
Based on the requirement, I prefer to the first topic, it seems more interesting than the second one.
This work is an assignment for Entrepreneurial Finance, you can discuss and compare with some fast-growing companies or high-tech companies at the same scale.
Also, it is better to proceed with some about angle investors, venture capitalist, institutional investors, venture capital cycle, and so on. As the firm is a totally new venture, it may consider some funding history of other entrepreneurial company.
In my opinion, the process of how to attract investors and let the investment plough back to development is crucial important.