Hiroshima University Syllabus

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Japanese
Academic Year 2024Year School/Graduate School Graduate School of Advanced Science and Engineering (Master's Course)
Lecture Code WRA10901 Subject Classification Specialized Education
Subject Name 起業案作成演習
Subject Name
(Katakana)
キギョウアンサクセイエンシュウ
Subject Name in
English
Idea Mining Workshop
Instructor ARYA KUMAR
Instructor
(Katakana)
アリヤ クマル
Campus Higashi-Hiroshima Semester/Term 1st-Year,  First Semester,  First Semester
Days, Periods, and Classrooms (1st) Inte
Lesson Style Seminar Lesson Style
(More Details)
 
Lecture, Workshop, Technical visits, Laboratory Visits, Discussion, Presentation

※1 Approx. 15 students
※2 Lecture schedule:July 1st - 6th (face to face), Aug. 8th - 11th (Online). Time slot will be decided later with participants.
※3 The venue is Workshop Space on the 3rd floor of East Library in Higashihroshima campus. 
Credits 1.0 Class Hours/Week   Language of Instruction E : English
Course Level 5 : Graduate Basic
Course Area(Area) 21 : Fundamental Competencies for Working Persons
Course Area(Discipline) 03 : Career Education
Eligible Students Master's students in the Graduate School of Advanced Science and Engineering.
Keywords Entreprenership / Innovation / textmining / Smart Infrastructure / New Energy / Environmental Sustainability 
Special Subject for Teacher Education   Special Subject  
Class Status
within Educational
Program
(Applicable only to targeted subjects for undergraduate students)
 
Criterion referenced
Evaluation
(Applicable only to targeted subjects for undergraduate students)
 
Class Objectives
/Class Outline
【Purpose】
The workshop aims to cultivate students’ entrepreneurship and ideation skills to create a social business plan within the framework of SDGs.
【Overview】
The purpose of this workshop is to practice entrepreneurship. Student teams are expected to create a technology/product based startup and write a business plan including all the building blocks of creating a social enterprise within the overall framework of Sustainable Development Goals. The workshop would cover broad spectrum of business issues in start-up creation – product development, market research, technology viability, fund raising, team formation, growth challenges and exit options. It is expected that participants at the end of the workshop would be able to assess their competencies and gain knowledge to translate it into real life situation to implement a business plan.
 
Class Schedule Lecture schedule:July 1st - 6th (face to face), Aug. 8th - 11th (Online). Time slot will be decided later with participants.
The venue is Workshop Space on the 3rd floor of East Library in Higashihroshima campus.
Session 1: Workshop Overview & Objectives
・ Purpose
・ Ice Breaking
・ What is Venture Creation?
・ Individual & Team expectations
Session 2: Why and What of Entrepreneurship?
・ Entrepreneurship as a career
・ What it takes to be an entrepreneur
・ Impact as an entrepreneur
・ Social Entrepreneurship and SDG
Session 3: Idea to Opportunity
・ Learn creative problem solving - social issues.
・ Idea vs. Opportunity
・ Understanding target customer
・ Evaluating an Opportunity
Session 4: Learn Business Models in Social Business
・ Understand Business and Revenue Model
・ Challenges in Social Entrepreneurship
・ Impact assessment
・ Scaling through technology solution
Session 5: Understand the Hypothesis and Validations on the Business Plan
・ Business plan – what, when and for whom?
・ Business plan drivers
・ Various facets of BP - market, management team, financial requirements, risks involved, and exit strategy
・ Why plan fails?
Session 6: Intellectual Property
・ Intellectual property and the various categories
・ Government regulations at the global, country and regional level
・ IP issues across industry verticals
Session 7: Pitch Deck – Customer validation
Session 8: Market Sizing and Hypothesize about Business Models
・ Identifying target markets and market segments
・ Sizing your market
・ Market analysis vs. marketing Business models and pricing approaches as a startup
・ Differences across industries viz. hi-tech, life sciences, clean tech etc.
Session 9: Creating & Presenting a Pitch Deck & Business Plan
・ Purpose of pitch deck & business plan
・ Constituents of pitch deck
・ Sections of a business plan
・ Presenting an effective pitch
・ Elevator pitch – problem, size of problem, solution
Session 10: Product Development
・ Product definition and Product differentiation
・ Assessing technical risks
・ Product plan and timelines for major milestones
・ Development resources required to complete design, specification and production
Session 11: Building the Startup Team
・ Understanding your strengths and gaps
・ Common selection criteria
・ How to attract, organize, inspire, motivate talent
・ Creating an innovative culture
・ Compensation and stock
・ Advisory board
Session 12 & 13: Financial and Financing of a Plan
・ Assumptions to chalk out Financial Statements
・ Profit vs Cash Generation
・ Important Financial Ratios and implications
・ Obtaining capital – how to do it; and what investors are really looking for
・ Options: Bootstrapping vs. angels vs. VCs
・ How much to raise, when to raise
Session 14 & 15: Developing Business Strategy - Launching and Growth of Business
・ New Venture launch and Managing Early Growth
・ Steps involved in launching a business
・ Raising different resources
・ Motivating and inspiring a team
・ Understanding technology trends, managing cash, Record keeping
・ Managing Growth - Venture development stages, why entrepreneurs do not scale up?

Pedagogy for Learning
The pedagogy used in this course would focus on learning by doing and learning by interactions. The efforts of the instructor would be to:

• Facilitate discussions, interactions through exercises, games, case lets, cases and videos to enable participants to understand the importance and relevance of entrepreneurship in the present era.
• Develop skills to pitch their ideas for meeting their goals to raise finance.
• Above all, to create an entrepreneurial environment that encourages participants to have zeal to learn by asking questions.

Deliverables

The workshop shall enable the participants to acquire and equip themselves with requisite knowledge and skills to start and run a business successfully, which is divided into personal skills (entrepreneurial skills) and those to start a company (Start-up tools).
 
Text/Reference
Books,etc.
TBA 
PC or AV used in
Class,etc.
 
(More Details) Text / Handout / Voice text / Picture(Video/PC/Other) 
Learning techniques to be incorporated  
Suggestions on
Preparation and
Review
TBA 
Requirements  
Grading Method 10% class participation (including responses to class surveys)
25% Assignments
20% Business Plan submissions (including business plan sections, pitch deck etc.)
10% first presentation
15% final business plan presentation
20% Examination
 
Practical Experience  
Summary of Practical Experience and Class Contents based on it  
Message  
Other   
Please fill in the class improvement questionnaire which is carried out on all classes.
Instructors will reflect on your feedback and utilize the information for improving their teaching. 
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