ENT4360 – Student Venture Creation Project
Changes in the course due to coronavirus
Autumn 2020 the exams of most courses at the MN Faculty will be conducted as digital home exams or oral exams, using the normal grading scale. The semester page for your course will be updated with any changes in the form of examination.
The purpose of the course is to build your in-depth understanding and hands-on experience with developing a start-up project from scratch. Student groups operating as founding teams will try to develop a start-up project of their own choosing in collaboration with a local incubator. The course also functions as a live laboratory for topics covered in ENT4350 – Entrepreneurial Sales and Marketing and ENT4340 – Managing New Venture Growth.
After completing the course, you will:
- Have advanced knowledge and deep understanding of what it takes to be an start-up entrepreneur
- Have developed your proficiency and self-confidence in defining and managing an independent start-up project from incubation and onwards
- Have developed your proficiency in working as a start-up entrepreneur, both to manage and to exploit uncertainties, lack of resources and the freedom to set direction
- Be able to identify and attract interest from potential customers and to bootstrap the commercialization process to ensure necessary progress
- Be able to work as a member of a self-governed founding team
Admission to the course
This course is available only for students admitted to the study programme Entrepreneurship and Innovation Management (master's two years).
Recommended previous knowledge
- 10 credits overlap with ENT4220 – Norwegian Practical Start-up Experience (discontinued).
- 10 credits overlap with ENT4200 – Startups in Practice - Entrepreneurship.
Project based work 3 days a week throughout the semester.
Each student group must qualify to enter presenting a proposition. Qualification criteria include quality of both an investor pitch and a project plan that includes clearly defined deliverables. Qualified groups will be given work space within an on-campus incubator, with access to resources such as mentoring, advice from other companies and ad-hoc events. Students in groups that do not qualify will work as interns in existing start-up companies.
Regular supervisory meetings with faculty.
The course grade depends on the following assignments:
- Group business plan and venture validation report including an oral group presentation accounting for in total 50% of the score. Students in the same group are given the same score. Group members who do not fulfill their obligations can be scored individually from the group.
- Project execution including ability to meet predefined final deliveries accounting for 20% of the overall score. Individual grading. Individual reflection report accounting for 30% of the overall score.
Failing a graded assignment does still allow participation in the remaining exams. All exams and assignments must be taken during the same semester.
Grades are awarded on a scale from A to F, where A is the best grade and F is a fail. Read more about the grading system.
Resit an examination
Students who can document a valid reason for absence from the regular examination are offered a postponed examination at the beginning of the next semester.
Re-scheduled examinations are not offered to students who withdraw during, or did not pass the original examination.