Programme/Approved Electives for 2024/25
None
Available as a Free Standing Elective
No
If you have an idea for a new business venture, this module provides you with the time, space and expertise to develop it. You will work in the Smart Innovation Hub and will have access to a range of workshops and advice from experts who have successfully developed new business ventures. You will also have access to a network of entrepreneurs and business advisers to help you to utilise your time to full advantage.This module does not require students to register a business. However, during the course of the module students may register a business but international students who require a Study Visa to undertake the programme in the UK (including Tier 4) are not able to register a business due to UK Home Office (UKVI) restrictions. If a student has existing Immigration permission (visa) to be in the UK, they may be able to carry out entrepreneurship activities depending upon the specific conditions of their visa category
Aims
The aims of this module are:- to provide students with the opportunity to start to develop their business ideas into a live enterprise project. - to develop a full business plan and related activity to enable the successful launch of a new business.- to help students explore their own entrepreneurial competencies- to give the students the opportunity to understand the processes, tools and theories around enterprise development and validation- to give the students the opportunity to build collaborative networks to help launch a venture
Intended Learning Outcomes
create an innovative business venture idea and critically evaluate its potential viability: 1evaluate and apply a range of strategic decisions to maximise the viability of the start-up: 1,2develop a critical awareness of theories underlying the growth and development of new ventures and the stages of the entrepreneurial process: 1,2,3pitch the business concept to relevant stakeholders to introduce the new venture into the market: 2reflect on their own entrepreneurial knowledge, skills, behaviour and learning proces: 3
10 hours workshops and one-to-one supervision90 hours preparation for the presentation20 hours keeping the reflective diary and write up10 hours attending networking events320 hours research
Description of Module Assessment
1: Portfolio weighted 50%Portfolio (6000 words)
2: Presentation weighted 40%Presentation
3: Report weighted 10%Reflective report