Entrepreneurial Venture Design Virtual Internship
In this advanced virtual internship, students will learn how to design and validate a new startup venture using design thinking and customer-centric approaches. They will create a comprehensive business plan and financial model, gaining hands-on experience in market research, customer discovery, product development, and financial forecasting. By the end of the internship, students will have a polished startup pitch deck and the skills to transform their entrepreneurial ideas into a viable business.
Track Overview
Tasks & Milestones
Task 1: Ideation and Opportunity Identification
AdvancedStudents will generate and evaluate entrepreneurial ideas, considering factors such as market potential, competitive landscape, and their own skills and interests.
Task 2: Customer Discovery and Validation
AdvancedStudents will engage in design thinking exercises to validate their business concept through customer interviews and prototyping.
Task 1: Business Plan Development
AdvancedStudents will create a comprehensive business plan for their new venture, covering key elements such as the business model, operations, marketing, and management team.
Task 2: Financial Modeling
AdvancedStudents will build a financial model for their new venture, including revenue projections, cost structures, and cash flow analysis.
Task 1: Product Design and Prototyping
AdvancedStudents will design and prototype the product or service offering for their new venture, incorporating customer feedback and design thinking principles.
Task 2: Marketing Strategy and Promotional Plan
AdvancedStudents will develop a marketing strategy and promotional plan to effectively reach and engage their target customers.
Task 1: Startup Pitch Deck Development
AdvancedStudents will create a polished startup pitch deck to showcase their new venture to potential investors.
Task 2: Investor Presentation and Feedback
AdvancedStudents will present their new venture to a panel of industry experts and potential investors, and receive feedback to further refine their business concept and pitch.
Prerequisites
- • Basic understanding of business fundamentals
- • Experience with market research and customer discovery
Certificate
Certificate of Completion
Earn a certificate upon successful completion