Course Syllabus New Venture Creation (NVC) Project-Based Learning in Entrepreneurship
COURSE TITLE New Venture Creaon (NVC) Project-Based Learning in Entrepreneurship GOALS The goal of New Venture Creaon (NVC) is to inspire the entrepreneurial and ambi-ous students to innovate and prompt rapid growth. The course nurtures the neces-sary mindset, skills and knowledge, as well as provides the tools and network in or-der to start and run successful Business ventures. COURSE GOALS Students will develop skills and insights for evaluang, arculang, rening, and pitching a new product or service, either as a start-up business or a new iniave within an exisng rm. This course is appropriate for all students interested in inno-vaon and design as necessary components of new businesses today. OBJECTIVES Upon compleon of the course, the student will be able to demonstrate knowledge of the following topics: 1. Understanding the dynamic role of entrepreneurship and small businesses 2. Organizing and Managing a Small Business 3. Financial Planning and Control 4. Forms of Ownership for Small Business 5. Strategic Markeng Planning 6. New Product or Service Development 7. Create new Venture COURSE COMPLETION CRITERIA There is no nal exam of the course. The business model, the applicaon or its proto-type and the VC pitch serve as the passing criteria. The assessment of the ongoing progress and course program compleon is carried out by the mentors through goal seng and team monitoring in the mentoring ses-sions. Course Details
CLASS METHOD Self - paced Online course MOOC ( Edx , Udemy , Udacity , Openlearning , etc,.) No on-campus meeng dates required Personalized Learning Environment for students project. Course Details : hp:// Sample Login : hp:// User name : startupcell Password : startupcell COURSE CRITERIA New Venture Creaon (NVC) course goes far beyond the theory and academic aspect of developing a business. From day one, students face the challenges of making their progress and seng growth ambion in real world terms - they interact with real stakeholders in real-life situaons and constantly have to integrate the feedback and input from their customers, suppliers, partners, peers, competors and investors into their work. This “geng out of the house” obligaon turns the whole learning process into a real-life trial with a real-me - and straighorward - feedback on the results. Even when failing or constantly pivong, the acquired baggage of praccal knowledge and skills are priceless. CORE COMPETENCY FOCUS 1. Innovator: Embrace innovaon as a necessity 2. Iniator : Crical consumer of innovaon who analyzes processes, systems, and organizaonal frames and structures of his/her own, and other instuons, and re-views the current context to idenfy changes to the systems and pracces that could be greatly improved through an act of entrepreneurship. 3. Risk Taker: Willing to take risks as a producve acvity leading to success in chang-ing systems, processes, and cultures. 4. Reecve Leader: Willing and able to recruit others to a shared ownership of the future by recognizing and valuing their needs and contribuons, and reect on his/her own content and process learning in order to make midcourse correcons 5. Posive persona: Consistently and enthusiascally models posive, proacve for-ward thinking and a “can-do” atude. 6. Communicator: An acve listener and analyst who can successfully interpret and reposion a message to inspire and connect with all stakeholders.
STUDENTS WILL: 1. Evaluate social and civil responsibilies of business ownership. 2. Describe typical behavioral characteriscs of an eecve entrepreneur. 3. Crique a variety of business classicaons, including retailers, wholesalers, servicers and manufacturers, to determine potenal business ventures. 4. Compare types of business ownership. 5. Determine technological needs of a small business, including hardware, soware, networking, and telecommunicaons. 6. Explain risk factors that aect entrepreneurs, including nancial, psychological, and physiological aspects. 7. Analyze naonal and internaonal economic uctuaons to determine eect on business markets of interest. 8. Develop a business plan, including idenfying an execuve summary; conducng a markeng and compeve analysis report; and developing a markeng, management, and nancial plan. 9. Analyze credit and collecon policies to determine consumer credit plans. 10. Explain taxes associated with business ownership & employment, including local, state, and GST. 11. Use mathemacs skills to analyze prot and loss margins for a business. 12. Analyze government regulaons to idenfy impact on business ownership. 13. Explain laws and regulaons related to hiring and retaining employees. 14. Determine markeng funcons needed for eecve business ownership. 15. Interpret research data to determine market-driven problems faced by entrepreneurs 16. Determine career opportunies, responsibilies, and educaonal and credenaling requirements related to various entrepreneurship ventures. 17. Idenfy advantages and disadvantages of Internet entrepreneurial opportunies. 18. Idenfy various investment and funding opportunies, especially Seed, Angel , VC funds, etc. 19. Analyze various exit opons IPO, merger , acquision, JV , etc. 20. Adopt to the latest changes in Business eco system.
WHO CAN PARTICIPATE Students of any discipline can parcipate. No previous knowledge or Experience required Students can aend without aecng their regular curriculum. Students can startup with minimum or zero investments HOW TO PARTICIPATE Login to Premium Student account of hp:// Create a small team or get co-founders Submit basic project idea and have competor study Get support from mentors Learn various courses related to the project Develop MVP using lean startup method Parcipate in various Startup events and network. Get support to develop prototypes. Get support to idenfy suitable incubaon center Update project for grants , seed funds. Support in preparing beer Markeng plans Teaching materials for students (scripts, exercise collecons, examples of solved exercises), various MOOC courses , applicaon of e-learning, current informaon and all other data are available on premium students area on . Students can upload their project idea and clarify doubts with expert Mentors.