BEX5416 · Start-up fastrack 2

Overview

Part 2 of the ‘Start-up Fastrack’ experience is strongly focused on the viability and structuring aspects of a new start-up. Start-up teams in Fastrack 2 will be thoroughly immersed in the real world of start-ups and getting your venture to market with paying customers. To achieve this, you will be guided by expert entrepreneurs in understanding how best to structure your business, how to gain funding if required and how to translate a minimum viable product (MVP) into a business with market traction. You will also become more adept at selling and negotiating and at communicating your value proposition to key stakeholders such as customers, end-users, investors and mentors. Ultimately in Fastrack 2 each team will get to a point where they have paying customers and a clear growth runway or a fundamental understanding driven by the market as to why the business needs to pivot to be successful.

Offerings

Assessment

The Handbook does not list a final examination among the assessment items. That is not a guarantee there is none.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

Learning outcomes

1. develop applied capabilities in transforming a nascent venture concept to a commercial reality
2. understand the connection between venture business models and profitability
3. be able to design and deliver a venture viability analysis
4. demonstrate understanding of local and global regulatory requirements
5. confidently be able to pitch a value proposition to key stakeholders
6. achieve industry-standard proficiency in professional report writing and presentation
7. develop transferable skills in collaboration, communication and teamwork
8. be resilient in dealing with obstacles, failures and the need to be agile in responding to dynamic forces and events.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

Student experience, not official rules. Nothing here changes what the Handbook says.