ENT4360 – Student Venture Creation Project
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 (continued).
- 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.