Project Structure
The project is structured into three (3) distinct stages, extending over a six (6)-month period. Each of these stages boasts a comprehensive and engaging curriculum, vital for the success of any entrepreneurial endeavor.
Stage 1: Foundation – Explore Entrepreneurship
Over two months, participants will embark on a journey to cultivate innovative business ideas that address genuine needs. Throughout this process, you’ll engage with fundamental topics in innovation and entrepreneurship, including:
• Entrepreneurial Mindset: Cultivate the mindset that drives entrepreneurial success.
• Systems Thinking: Gain insight into the interconnected nature of business and innovation.
• Design Thinking: Explore creative problem-solving techniques.
• Customer Discovery: Learn how to connect with your target audience effectively.
• Lean Development and MVPs: Streamline your approach to product development.
• Pricing Strategies and Financial Viability: Develop a keen understanding of pricing dynamics.
• Business Model Canvas: Craft a comprehensive blueprint for your venture.
• Social Business Model Canvas: Incorporate social impact into your business strategy.
• Intellectual Property: Safeguard your innovative ideas.
By the end of this phase, you’ll synthesize these essential concepts and apply them in a practical manner by creating a business model canvas. This canvas will articulate the critical considerations for your venture idea, empowering you to take these skills and apply them to your entrepreneurial journey or to fuel innovation within your organization.
Stage 2: Intermediate – Ignite Entrepreneurship
In this stage, you’ll focus on developing a go-to-market strategy and a sustainable business or financial model. Essential topics include:
• Roles and Responsibilities: Understand the key roles and responsibilities in entrepreneurial endeavors.
• Introduction to Financing and the Equity Waterfall: Dive into the financial aspects of your venture.
• Technology Ventures: Explore the tech-driven landscape of entrepreneurship.
• Spending as a Startup: Learn to allocate resources efficiently.
• Pitching: Hone your pitching skills to attract investors and customers.
Through this comprehensive curriculum, you’ll synthesize these concepts and apply them to develop and deliver a compelling pitch for your venture idea. These skills can be seamlessly integrated into your entrepreneurial pursuits or leveraged to drive innovation within your organization.
Stage 3: Advance – Launch Entrepreneurship
This stage is about acting and preparing to execute your ideas while also developing a plan for scaling. Critical subjects include:
• Growing your Team: Learn how to build and manage a team for your venture.
• Digital Privacy and Data: Safeguard your business and customer information in the digital age.
• Procurement: Gain insights into sourcing and acquiring essential resources.
• Choosing the Right Business Vehicle: Navigate the various business structures and choose the one that suits your venture.