Term 2 – Preparing the Business Plan (12 hrs)
STC 384C New Venture Strategies (3)
Technological innovation requires developing positioning and differentiation strategies for competing in the marketplace effectively. Students develop strategies for commercializing technologies as new ventures or within existing firms.
STC 395 New Venture Creation (3)
Raising capital either from outside investors or internal corporate sources requires validating the market potential of the new technology, developing a business model, determining financial requirements, and communicating the opportunity convincingly. Students create a business plan to address these key elements.
STC 288 Financing New Ventures (2)
Determining how much money is required and developing appropriate financial and fundraising strategies are critical in launching a new venture. Students prepare financial projections and develop and financial plan for funding a venture.
STC 294C Managing Product Development & Production (2)
Accelerating the product development process is critically important to the successful launch of a technology based innovation.
Students develop a plan for taking an innovation from idea to a product ready for market.
STC 291C Technology Commercialization In The Global Economy (2)
Technology commercialization in a global context requires assessing global markets and positioning for competitive advantage within them. Students develop a plan for commercialization a technology within a foreign market.