Idea to Business (5 cr)
Code: ZZ00BC02-3024
General information
Enrollment
01.08.2023 - 06.09.2023
Timing
13.09.2023 - 29.11.2023
Number of ECTS credits allocated
5 op
Mode of delivery
Face-to-face
Teaching languages
- English
Teachers
- Juha Ruuska
- Hanna-Riikka Kantelinen
- Suvi Salminen
- 22.11.2023 08:30 - 12:00, Idea to Business ZZ00BC02-3024
- 29.11.2023 08:30 - 12:00, Idea to Business ZZ00BC02-3024
Objectives
Student is able to realistically assess the profitability of his/her business idea, as well as his/her own capacity to implement it.
Student is able to draw up debriefings needed to plan a new business: product-customer matrix, market analysis, competitor analysis, sales-/marketing plan and financial calculations.
Student is able to pitch his/her idea to investors.
Content
Business plan, own capacity to implement the idea, product/customer matrix, market analysis, competitor analysis, marketing and sales plan, financial calculations, pitching the idea.
Time and location
Jyväskylä The Startup Factory
Learning materials and recommended literature
Material distributed by coaches
Teaching methods
Workshops
Learning tasks
Trainers' introductions
Practical training and working life connections
At the end of the study period, the financier and/or an experienced entrepreneur will listen to and comment on the students' presentations.
Exam dates and retake possibilities
The course does not include an exam. Learning tasks are done weekly.
Student workload
Workshops 40h
Independent work 95h
Content scheduling
The course has 10 workshops with a duration of 3.5 hours. Workshops are held every week. Between them, worked on weekly tasks. After this, the coach gives instructions on a new topic and task, which will be worked on again during the following week. The topics of the workshops are as follows (the order may vary):
1. Course orientation, different approaches to entrepreneurship
2. Products and customers
3. Market analysis
4. Competitor analysis
5. Pricing and profitability calculation
6. Sales / marketing plan
7. Cash flow statement
8. Financial statement
9. Preparation of presentations
10. Presentations of business ideas to financiers
Further information for students
You cannot register for the course at Peppi, but you must apply at https://www.yrittistehdas.fi/oppilaitosvalmennukset/ideasa-yrityseksi. Participants are selected based on applications. In the training, there is an opportunity to complete the part of the Entrepreneur's vocational qualification (YAT).
Evaluation scale
Pass/Fail
Evaluation criteria, pass/failed
Student is able to realistically assess the profitability of his/her business idea, as well as his/her own capacity to implement it.
Student is able to draw up debriefings needed to plan a new business: product-customer matrix, market analysis, competitor analysis, sales-/marketing plan and financial calculations.
Student is able to pitch his/her idea to investors.
Further information
The students must have a business idea to develop in order to take part in the course. Participants are chosen based on their applications. The course is organized in co-operation with the Jyväskylä Startup Factory. For more information, see https://www.yritystehdas.fi/en/educational-institute-coaching/from-an-idea-to-a-business