Venture in Action
24 hours face to face + blended
One Semester or equivalent
Hawthorn
Available to incoming Study Abroad and Exchange students
Overview
This unit concentrates on developing students' understanding of their own ability to lead, manage and launch an enterprise as it moves through stages of growth. This is a capstone style unit where students go through the experience of getting a venture to market and beyond. In groups, the students will start a business and generate market traction. This unit aims to enable students to execute on their innovative business idea in the market taking into consideration a strategic exit.
Requisites
Teaching periods
Location
Start and end dates
Last self-enrolment date
Census date
Last withdraw without fail date
Results released date
Semester 2
Location
Hawthorn
Start and end dates
29-July-2024
27-October-2024
27-October-2024
Last self-enrolment date
11-August-2024
Census date
31-August-2024
Last withdraw without fail date
13-September-2024
Results released date
03-December-2024
Learning outcomes
Students who successfully complete this unit will be able to:
- Apply coherent, advanced and integrated knowledge of entrepreneurship skills, techniques and processes applicable to the latest theoretical and practice based underpinnings of entrepreneurship and innovation
- Apply the models and frameworks of entrepreneurial growth venture evaluation
- Critically evaluate innovative new venture funding options
- Critically analyse exit and harvest strategies appropriate to contextual situations
- Work collaboratively in groups as members and leaders of teams
Teaching methods
Hawthorn
| Type | Hours per week | Number of weeks | Total (number of hours) |
|---|---|---|---|
| On-campus Class | 2.00 | 12 weeks | 24 |
| Online Lecture | 1.00 | 12 weeks | 12 |
| Unspecified Activities Independent Learning | 9.50 | 12 weeks | 114 |
| TOTAL | 150 |
Assessment
| Type | Task | Weighting | ULO's |
|---|---|---|---|
| Assignment 1 | Individual | 25 - 35% | 1,2,4 |
| Assignment 2 | Individual | 25 - 35% | 1,2,4 |
| Presentation and Report | Group | 30 - 50% | 1,2,3,4,5 |
Content
- Executing innovative business ideas
- Designing of new product or new service
- Creating and executing experiments to test the viability of your venture
- Creating a launch plan to support the viability of your venture in the marketplace
- Evaluating different exit strategies (sale, liquidation)
- Pitching your startup to investors
Study resources
Reading materials
A list of reading materials and/or required textbooks will be available in the Unit Outline on Canvas.