Entrepreneurial and Employability Skill Development Program€¦ · presentation and so on. •Gain...
Transcript of Entrepreneurial and Employability Skill Development Program€¦ · presentation and so on. •Gain...
Entrepreneurial and Employability
Skill Development Program
Week1: - Industry
Verticals &
Horizontals +
Problem Statements
• Participants will
understand the
concepts of Business
Verticals & Horizontals
• Participants will be
able to list out the
problem statement
• Participants will be
able to apply the
knowledge and
demonstrate the
concepts using case
study
Week 2: Design
Thinking
• Participants will be able
to understand the concept
of design thinking
• Participants will
understand the
importance of Design
Thinking
• Participants will be able
the apply the knowledge
and validate the selected
Problem Statement
Week 3: Lean Start-up
Methodology
• Participants will be able to elaborate the lean
start up methodology
• Participants will understand the five
principles of lean management
• Participants will apply the knowledge and
validate the problem hypotheses
• Participants will understand the barriers in
implementation of LSM
• Participants will be able to demonstrate
concepts using Case Study
Week 4, 5, 6 : Business Model Canvas
• Learning Outcomes:
✓ Participants will understand why business
models are important
✓ Participants will be able to explain how
the Business Model Canvas would be
useful to apply to their own
development ideas
✓ Participants will be able to describe the
nine elements of the Business Model
Canvas
✓ Participants will be able to identify key
activities and key resources
✓ Participants will be able to identify the
inherent cost in business.
✓ Participants will apply the knowledge
and validate business model
Week 7:Mid
Semester
Checkpoint
✓Participants will understand customer journey mapping and its
benefits.
✓Participants will be able to pitch business idea and prototype in 10
minutes
✓Participants will be able to improve business model based on feedback
✓Participants will be able to provide and justify constructive criticism to
other teams.
Week 8, 9: Prototyping,
UI/UX
• Prototyping is the process of building a model of
a system
• User Experience is a conglomeration of tasks
focused on optimization of a product for
effective and enjoyable use
• User Interface Design is its compliment, the look
and feel, the presentation and interactivity of a
product
Learning Outcomes:
✓ Participants will be able to build prototype for
business model and give specifications
✓ Participants will be able to define UI and UX
Week 10:Marketing &
Branding
• Participants will be able to elaborate
different ways to market startup on a
dime
• Participants will understand the
importance of branding for
companies
• Participants will be able to explain the
process of branding
• Participants will be able to calculate
the budget to be spent on marketing,
ROI
• Participants will do SWOT, PESTEL, 4P
Analysis of defined business model
• Participants will be able to understand
and use different types of marketing
collaterals, and relate it with defined
business model
• Participants will understand the
psychology of color
Week 11:Financial Management
• Learning Outcomes:
✓ Participants will understand financial terms and
prepare various budgets and statements for defined
business model
✓ Participants will understand founder stock, equity in
startup.
✓ Participants will be able to differentiate between
ROI and ROE and calculate the same
Startup Budget
Operating Budget
Profit Loss Statements
Cash Flow Statements
Balance Sheet Founder
Stock, Equity in startup
ROI and ROE
Week 12: Business
Funding & Exit Strategies
• Different stages of business funding
• Developing an exit strategy
• Validating prototype & business model
Learning Outcomes:
✓Participants will be able to apply
knowledge of business funding and exit
strategies to validate prototype and
business model.
Week 13:Legal Requirements of
a Business
• Different types of companies
• Process of registering a business
• Requirements for licenses
• Copyright & patent requirements
• NDA (Non-Disclosure Agreement)
• Validating prototype & business model
• Learning Outcomes: Participants will be able to
✓Describe step wise process of registering business in
India and list out documents required for licenses
✓Understand the process to register for a copyright and
patent
✓ Validate prototype and business model w.r.t legal
requirements
Week 14,15:Business Plan & Pitch
• Developing a business plan
• Designing a pitch deck
• Preparing a pitch for investment
• Pitch business idea & prototype in 15 minutes
• Seek feedback for improvement
• Seek funding to start up
Learning Outcomes: Participants will be able to
• Differentiate between Business Plan and Pitch
• Apply knowledge and develop business plan,
one
page business pitch, pitch deck for business
idea
• Scale-up the business using constructive
feedback
Benefits to Job Seekers
• Know about various industries and business that work in my
discipline of study.
• Understand the problem-solving process.
• Develop out of the box thinking which is the requirement for
job these days.
• Know how on how does a business function and how can I as a
fresh graduate add value to it.
• Understand the various positions and their job description the
student can apply to in a business or industry.
• Learn proper documentation and reporting requirements.
• Understand what the market demands and derive a plan to
meet the supply and increase value of the business or industry.
• Understand the other working positions in the industry and
integrate with students’ study of discipline to work efficiently.
• How does the industry manage finance and how can a student
appropriately quote salary.
• Learning various soft skills like communication, confidence,
presentation and so on.
• Gain hands on experience to add value to resume.
• Internship certificate from industries that can benefit during
placements.
Benefits for Job Creators
• Understand surrounding industries and identify the competition or
supporting industries for business.
• Think from the customer point of view of what will sell in the
market.
• How to establish a start up and understand the major activities of a
start-up.
• How to plan a successful business and identify the key activities,
partners, stakeholders, resources, manpower, goods and services.
• Ability to design a long term goal and plan for business.
• Understand what attracts the customers to increase business demand.
• Understand how appropriate marketing and branding help increase
the sale.
• Know how about finance and accounts and handling monetary
resources.
• Understanding the legalities and governance requirement of business.
• Know how to apply for various grants and schemes and plan to use
the funds.
• Pitching of business plan to investors.
• How to appoint people and understand requirement of people for
various business activities.
Various Internship opportunities for students enrolling
for the course this semester are in the upcoming
slides. It consists of the Profile of the Company that is
offering various Intenships.
Internship Opportunities
• Samruddhi Technology Business Incubation
- Technology Business Interns to facilitate
Academia, Industry, School and Gram
Panchayat Interaction.
• Aavishkar Labs by Multiversity - Trainers in
Schools for small kits and modules on
basic concepts of Science and Technology.
• AMLED - Learn lighting Technology and
help develop the nearby villages.
STBI (Samruddhi Technology Business
Incubation)
Project : Establishment and mentoring STBI foundation and formulation of CREAT-
JOB initiative to achieve and build an ecosystem that can bring industry and
academia together through unique interface model.
Duration : Ongoing.
Roles and Responsibilities : Founder Director.
Outcome : Establishmnet of CREAT JOB Initiative in Sangli District. Awaiting 10Cr.
Grant in the financial year 2018 – 2019.
Multiversity
Aavishkar Lab: Earn while Learn
Aavishkar Lab:
• “Aavishkar Lab” , a brainchild of Padma Bhushan Dr.
Vijay Bhatkar .
• It is program for fostering Innovation Culture in
School Children through the e-STEEM Initiative.
• e-STEEM stands for Electronics, Science, Technology,
Engineering , Environment and Mathematics, going
beyond the STEM initiative launched in USA.
• Fostering Innovation Culture in Educational Society
Learning by Tinkering Learning by Doing Learning by Making
AM LED
Project : Design and Implementation of Go GREEN LED Mission in collaboration
with Fudan University, China to replace conventional lighting through tube light and
setting a successful start-up (AM LED).
Duration : 1 Year.
Roles and Responsibilities : Technology Head and Project Director.
Outcome : Replacement of 31,00 tube lights on all campuses of MIT – World Peace
University.