Programme/Approved Electives for 2024/25
None
Available as a Free Standing Elective
No
This module is designed to provide participants with a critical understanding of the different steps that a new venture takes from developing an initial business idea to creating a business plan and as a link to securing funding.The module will enable participants to understand theories of enterprise and entrepreneurship and enable them to relate such theories to practice through a project to develop market research using appropriate tools and techniques
Aims
This module is designed to provide participants with a critical understanding of the different steps that a new venture takes from developing an initial business idea to creating a business plan and as a link to securing funding. The module will enable participants to understand theories of enterprise and entrepreneurship and enable them to relate such theories to practice through a project to develop market research using Canvas and Lean Start-up methodologies for actual emerging business before applying the research further on an individual basis to develop a business plan.
Intended Learning Outcomes
Critically discuss the role of business planning and planning tools in the start-up process: 1Evidence key elements and tools involved in developing and taking a product or service to market, including articulating the value proposition and creating a business model: 2Appraise and deploy a variety of techniques and tools to present a product/service and business proposition to different relevant actors including end-users; personal, corporate and governmental customers; potential collaborators; and investors: 2,3
24 hours lecture and seminars126 hours of research and assignment preparation
Description of Module Assessment
1: Portfolio weighted 60%Portfolio
2: Essay weighted 25%Essay
3: Presentation weighted 15%Business idea pitch