Entrepreneurship 2 - 2020 entry

This course continues the study initiated in ECM1111 to propel you into the next level of your entrepreneurship skills development. You will be pitching yourself against competitors to promote your strengths and specialist areas to potential co-founders of the future spin-out companies at the University of Exeter. Mock company teams will be formed to answer discipline specific driving questions on Building Information Modelling (BIM), 3D modelling and Computer Aided Manufacturing (CAM).

The newly formed mock company teams will go through the Stage Gate Innovation Process to filter out the best products, services, components, materials or techniques from the initial brainstorming sessions. A partial Business Model Canvas (BMC) will be submitted as a midway checkpoint with a focus on:

• value proposition
• customer relationships
• revenue streams
• customer segments
• competition

The mock company teams will finally pitch their developed idea alongside their company website to lecturers in a final ‘Dragons Den’ style session where each team will defend their ideas against some tricky questions to simulate the process of pitching for funding from potential investors. As well as pitching your own ideas, you will learn about many different types of current technological advances from your peers.

This module aims to help you to develop a range of transferable and practical skills essential to all engineers, as well as prepare you for securing valuable work experience should you wish to apply these skills in a real-world environment via the EMP3001 Commercial and Industrial Placement module, or Year in Industry programme.

The purpose of this module is to enable you to develop a wide range of transferable skills, as well as practical design skills, essential to all engineers. The individual work packages will hone your self- promotion, organisation and independent research skills; the collaborative aspect of the project will enable you to develop communication, business and team skills and the and the mock company website you create report you create will strengthen your marketing, visual and written communication skills. The module also includes supervision by a technical supervisor who will mentor you in the application of engineering principles to the solution of your discipline specific problem.

Whilst completing your team project, you will focus on the Experiment and Dare parts of EntreComp (the entrepreneurship competency framework):

• Experiment– critical thinking and experimenting with creating value through practical entrepreneurial experiences.
• Dare– turning ideas into action in ‘real life’ and taking responsibility for this.

This is a constituent module of one or more degree programmes which are accredited by a professional engineering institution under licence from the Engineering Council. The learning outcomes for this module have been mapped to the output standards required for an accredited programme, as listed in the current version of the Engineering Council’s ‘Accreditation of Higher Education Programmes’ document (AHEP-V3).

This module contributes to learning outcomes: SM1p, SM1m, EA3p, EA3m, D4p, D4m, D5p, D5m, D6p, D6m, ET2p, ET2m, ET3p, ET3m, ET7m, EP2p, EP4p, EP4m, EP8p, EP8m, EP9p, EP10m, EP11m, G1p, G1m, G2p, G2m, G3p, G3m, G4p, G4m
 
A full list of the referenced outcomes is provided online: http://intranet.exeter.ac.uk/emps/studentinfo/subjects/engineering/accreditation/

The AHEP document can be viewed in full on the Engineering Council’s website, at http://www.engc.org.uk/



On successful completion of this module, you should be able to:

Module Specific Skills and Knowledge: SM1p, SM1m, EA3p, EA3m

1 Gain knowledge and understanding of GIS/BIM or CAD/CAM/I4.0 and hone your ability to research current and future developments and technologies;
2 Apply computational methods in order to solve engineering problems and to implement appropriate action;

Discipline Specific Skills and Knowledge: D4p, D4m, D5p, D5m, ET2p, ET2m, ET3p, ET3m, EP2p
 

3 Apply problem-solving skills, technical knowledge and understanding, to establish rigorous and creative business solutions that are fit for purpose;

4 Show an awareness of the principles of the stage gate innovation process, demonstrate design skills, and incorporate those principles through research and development;

5 Improve your knowledge and understanding of the commercial, economic and social context of engineering processes;

6 Develop your knowledge and understanding of individual and project planning techniques to ensure individual and project deadlines are met and outcomes are continually monitored and evaluated;

7 Enhance your knowledge of characteristics of GIS/BIM or CAD/CAM/I4.0 equipment and processes;

Personal and Key Transferable/ Employment Entrepreneurship Skills and Knowledge: D6p, D6m, ET7m, EP4p, EP4m EP8p, EP8m, EP9p, EP10m, EP11m, G1p, G1m, G2p, G2m, G3p, G3m, G4p, G4m
 

8 Communicate effectively to technical and non-technical audiences and have the ability to pitch ideas effectively;

9 Understanding of technical risk and the key drivers for business success through the design and application of the Business Model Canvas (BMC),

10 Understand the use of technical literature and other information sources and document appropriate references;

11 Exemplify improved ability to work as part of a team, resolve conflict and assess your own and others skills and performances;
12 Work independently, using IT and personal skills such as time and stress management, monitoring your own progress, generating ideas, setting realistic targets, reflecting on the effectiveness of your learning strategies and modifying your targets and learning strategies appropriately;
13 provide constructive feedback to peers and teaching staff;
 

1: Project Launch – entrepreneurship and technical inspiration;

2: advanced technology – CAM/BIM;

3: project management;

4: mock company formation;

5: team building;

6: branding;

7: ideation;

8: emotional intelligence and resilience;

9: google digital garage website creation;

10: PBL technical support;

11: pitching and presentation skills.

Ref/Def assessment is via project report submission in August, weighted at 100%.

Reading list for this module: