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Back to Search ResultsOffered by:
UFS BUSINESS SCHOOL
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Duration: 2 Day
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Course type: Online
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Course starts: 19 July 2020
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Course fees: R 3400
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Register before: 19 July 2020
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Registration Fees: Free
Delivered by:
UFS BUSINESS SCHOOL
The Business School was founded to: develop and deliver successful programmes; teach share our knowledge and convert learning into practice; coach in an on campus and online environment; empower individuals and organizations; maximize potential and achieve exceptional results.Operating under the banner of the Business School is The Centre for Business Dynamics (CBD), established to offer customised non-curricular training in assisting companies and individuals to bridge the gap between their existing skills and competencies, and by those required to ensure their future performance and competitiveness.
We create opportunities for the future.
VIEW ALL COURSESbarnardam@ufs.ac.za
(+27) 082 900 1080
205 Nelson Mandela Drive
EMS Building, Block B, Second Floor
Bloemfontein
9301
South Africa
ENTREPRENEURSHIP & INNOVATION
This short learning programme aims to equip the participant to be able to successfully identify and assess his/her own opportunity and to write a business plan for the new opportunity.
Accreditation
After the successful completion of the programme, the student will receive a certifcate (NQF level 5) issued and endorsed by the UFS. Recognition to the Higher Certificate in Management Development is available.
All short learning programmes can be customised and offered on an in-house basis.
NQF level: 5
Credits: 20
Leaning Outcomes
By the end of the programme, participants should be able to:
• Identify and determine what entrepreneurs need to know about the critical driving forces in a new venture success
• Critically assess successful entrepreneurs and investors create, find and differentiate profitable and durable opportunities from just “another good idea”, and how opportunities evolve over time
• Estimate and determine the necessary financial and non-financial resources needed for new ventures, identify the criteria used to screen and evaluate proposals, the attractiveness and risk, and how to obtain start-up and early growth capital
• Determine the critical tasks to be accomplished, the hurdles to overcome during start-up and early growth, and what has to happen to succeed
• Apply the Venture Opportunity Screening Techniques to an actual start-up idea, and subsequently, be able to develop and prepare a business plan suitable for guiding start-up, attracting financing and realizing an eventual harvest
• Craft and prepare a personal entrepreneurial strategy to identify relevant issues, requirements and trade-offs
Programme Outline
• Importance and scope of entrepreneurship in South Africa
• The fundamental concepts of entrepreneurship
• Opportunity Screening: The driving forces of successful new venture creation
• Intrapreneurship: Referring to the need for entrepreneurship in big companies
• Opportunity Screening - identifying and presenting an original opportunity
• Innovation and commercialization
• The writing of a business plan
• Creating an entrepreneurial team
• Determining the amount of capital / resources needed to start a business
• Assessing the various sources of funding, focusing on debt and equity