BUS 490 - Venture Launch 2

Credits: 5
Students continue to work in teams to prototype, validate, and present proof of concept to a community of investors and funding sources. This is a two-course sequence with BUS 460.

Prerequisite: Admission into the BAS in Marketing and Entrepreneurship program; and BUS 121; and (BUS&101 or BUS 181); and (MATH&141 or MATH 147); and BUS 460; or instructor’s permission.

Course Outcomes:
Students who successfully complete this class will be able to:

Develop a minimum viable product prototype.
Employ a market research process to validate product concept.
Modify business plan based on market research.
Present business plan to business professionals and potential funders.

Program Outcomes

Analyze and use business data to develop appropriate business and marketing strategies.
Apply entrepreneurship principles to better leverage organizational resources.
Apply economic and behavioral concepts to strategy formulation.
Conduct a survey of the business environment, identify opportunities, and formulate a plan for capitalizing on them.
Assess the potential market for a product, and then formulate a plan for developing and marketing the product.
Formulate and communicate an original business plan to an audience of stakeholders.

College-wide Outcomes

Critical Thinking - Critical thinking finds expression in all disciplines and everyday life. It is characterized by an ability to reflect upon thinking patterns, including the role of emotions on thoughts, and to rigorously assess the quality of thought through its work products. Critical thinkers routinely evaluate thinking processes and alter them, as necessary, to facilitate an improvement in their thinking and potentially foster certain dispositions or intellectual traits over time.
Responsibility - Responsibility encompasses those behaviors and dispositions necessary for students to be effective members of a community. This outcome is designed to help students recognize the value of a commitment to those responsibilities which will enable them to work successfully individually and with others.