Entrepreneurship (New Venture Creation)

 

This course explores the fundamental requirements of an entrepreneurial intervention within a specific business environment. Entrepreneurship is evaluated in relation to personal attributes, personalities and abilities. The economic environment of the entrepreneur is discussed with the purpose of equipping the participants with the ability to analyse the environment in which the new venture is planned. Participants are required to develop and present a business plan for the proposed new venture.



Learning outcomes

Certification

Duration

Upon completing this course, participants should be able to:

  • Identify the characteristics of a successful entrepreneur
  • Explain the methods needed to enhance an entrepreneurial profile
  • Identify, gather and analyse relevant information needed to compile a plan for a new venture
  • Formulate an ethical framework for the operational plans of a venture
  • Establish and prioritise business, financial and/or operational goals and objectives for a new venture
  • Design and present business, financial and/or marketing plans based on a budget for a new venture
  • Explain the free market system in terms of perfect and imperfect competitive markets
  • Analyse the interaction of demand and supply in price determination
  • Analyse the factors that influence economic activity
  • Manage new venture registration processes and how to comply with all other legislation requirements with various authorities
  • Outline the key success and failure factors of new ventures
  • Identify and describe the character traits of a successful entrepreneur
  • Assess own entrepreneurial characteristics and mindset
  • Utilise effective networking and teamwork strategies in the entrepreneurial context
  • Understand and identify an appropriate business structure for a new venture
  • Explain competitive market forces
  • Discuss and illustrate the interaction of demand and supply in price determination
  • Identify and compare funding options for a new venture
  • Manage the finances of a new venture including cash-flow management as a crucial success factor of a new venture
  • A Certificate of Competence will be awarded to all students who successfully submit and pass their assignments, and exams*
  • A Certificate of Completion will be awarded to all students who successfully submit and pass their assignments
  • A Certificate of Attendance will be awarded to students who attended the training session

* These students may be considered for credits towards relevant qualifications

3-days contact time including facilitation and group activities

Course fee

Application Fee

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Learning outcomes

Upon completing this course, participants should be able to:

  • Identify the characteristics of a successful entrepreneur
  • Explain the methods needed to enhance an entrepreneurial profile
  • Identify, gather and analyse relevant information needed to compile a plan for a new venture
  • Formulate an ethical framework for the operational plans of a venture
  • Establish and prioritise business, financial and/or operational goals and objectives for a new venture
  • Design and present business, financial and/or marketing plans based on a budget for a new venture
  • Explain the free market system in terms of perfect and imperfect competitive markets
  • Analyse the interaction of demand and supply in price determination
  • Analyse the factors that influence economic activity
  • Manage new venture registration processes and how to comply with all other legislation requirements with various authorities
  • Outline the key success and failure factors of new ventures
  • Identify and describe the character traits of a successful entrepreneur
  • Assess own entrepreneurial characteristics and mindset
  • Utilise effective networking and teamwork strategies in the entrepreneurial context
  • Understand and identify an appropriate business structure for a new venture
  • Explain competitive market forces
  • Discuss and illustrate the interaction of demand and supply in price determination
  • Identify and compare funding options for a new venture
  • Manage the finances of a new venture including cash-flow management as a crucial success factor of a new venture

Certification

  • A Certificate of Competence will be awarded to all students who successfully submit and pass their assignments, and exams*
  • A Certificate of Completion will be awarded to all students who successfully submit and pass their assignments
  • A Certificate of Attendance will be awarded to students who attended the training session

* These students may be considered for credits towards relevant qualifications

Duration

3-days contact time including facilitation and group activities

Faculty

Teaching

 

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