Entrepreneurship

Course Date:

Mandatory Classes: Week 1 & Week 11 (Pitch sessions in Week 7 & Week 15)
Mandatory In Class Sessions -
Session 1 - [Week 1]
Session 2 - [Week 7]
Session 3 - [Week 10]
Session 4 - [Week 15]
Mandatory one hour face to face mentoring session for all other weeks - based on schedules decided by respective mentors

Registration Period:
TBA

Duration:
60 hours / 15 sessions

Time:
6:00pm to 10:00pm

Mode of Training:
E-Learning

Venue:
Singapore Polytechnic


Course Introduction

This module is designed to help students build an entrepreneurial mindset. Students will work in multi-disciplinary teams and tackle problem statements that help them evaluate their business skills and commitment necessary to successfully operate an entrepreneurial venture and review the challenges and rewards of entrepreneurship. Students will also be introduced to entrepreneurship from a socio-economic perspective and to the concepts of business model canvas, lean startup methodology and disruptive innovation.


Course Objective

• To apply the concept of Design Thinking for business.
• To apply the concept of business models.
• To apply the concept of a Lean Startup.
• To design and build prototypes that allow stakeholders to understand the usability and feasibility of the product concept.
• To recognise the importance of financial management.
• To develop a business plan for their business idea.
• To pitch a business idea to investors and customers.


Course Outline

Topics include:
Design Thinking for Business
Business Model Generation & Validation
Building Prototypes
Marketing Plan & ROI
Finance Management
Exit Strategies
Legal Aspects of Starting a Business
Business Plan Development
Pitching for Investment


Suitable for

Personnel and professionals from any industry with a keen interest and passion in entrepreneurship.


Minimum Entry Requirements / Assumed Skills and Knowledge

Coding skills are a plus but NOT mandatory.


Award / Certification / Accreditation

• Certificate of Performance (electronic Certificate will be issued)
A Certificate of Performance will be awarded to participants who pass the examination and meet at least 75% attendance rate


FAQ

1. How much equity do I need to give up if I get into the course?
- SP does not take any portion of the equity from the start-up founders. We just collect the course fee as stated on our webpage.

2. Who owns the IP for any product that is designed /developed / produced during the course?
- The founders of the company own all the product IP.

3. Other accelerators provide me with an office space. How about here?
- All course participants will have access to co-working spaces in the SPINOFF office, on a first come first serve basis. This service will be available to the participants for the entire duration of the 15 weeks.

4. What time will the classes be held every week?
- Participants will have to come to class only 4 times during the entire duration of the program. This would be in Week 1, 7, 11 & 15. These four classes will be held on the SP Campus in the evenings at 6pm.
For all the other weeks, participants will have to access the online material, and complete the tasks as listed there. Then, once the tasks have been completed, participants will have to contact their assigned mentors to schedule a consultation meeting.

5. When and where will these consultation meetings be held?
- The consultation meetings are held at a mutually convenient time between the participant and the mentor. These meetings could  either be held face to face, on skype, slack or any other digital platform.

6. Who will mentor me?
- Participants are matched to the mentor who usually comes from either the SP Campus or industry and brings with him / her  several years of experience in the business vertical that the participants’ idea is based in.

7. Does SP provide me funding for my idea?
- No. The participants will however get an opportunity to pitch their idea to investors on Demo Day in week 15. At this point, should any of the investors be willing to invest in a participant’s idea, then that discussion would be between the participants and the investor directly.

8. Do I need to have a business idea before I enroll for this course?
- Participants are required to have a few problem statements in mind that they can bring into the course and then build their idea based on the validations received.

9. Who do I contact if I have any more questions?
- Please contact our team from SPINOFF, The Entrepreneurship Centre @ Singapore Polytechnic by email at:spinoff@sp.edu.sg

Applicants/EligibilityTotal fees (incl. GST)
Singapore Citizens aged 40 and above1$423.50
Singapore Citizens aged below 40$1,123.50
Singapore Permanent Residents$1,123.50
SME-sponsored Singapore Citizens and Permanent Residents2$423.50
Full Course Fee$3,745.00
Singaporeans aged 25 years and above may use **SkillsFuture Credit balance to offset respective course fees.

1Under the Enhanced Training Support for Small & Medium Enterprises (SMEs) Scheme. For more information of the scheme, click here. To view SP's list of similar funded courses, click here. Please submit the attached “Declaration Form for Enhanced Training Support Scheme for SME” together with your online application.
2Under the SkillsFuture Mid-career Enhanced Subsidy. For more information, visit the SkillsFuture website here

Funding Incentives

Please click here for more information on funding incentives.


Register Here

Eligible for SkillsFuture Credit
Terms and Conditions

*Please note that once the maximum class size is reached, the online registration will be closed.
You may register your interest, and would be notified if there is new run.

Application Procedure

1. All applications must be made via Online Registration at www.pace.sp.edu.sg
Course fees can be paid by the following payment modes:

a) Credit Cards, Internet Banking, NETS (Not Applicable for company sponsored)
For e-payment using Visa/Master cards and Internet Banking, please click on the ‘Make e-Payment’ button on the acknowledgement page to proceed.

b) For NETS payment, you can pay at:
Singapore Polytechnic
PACE Academy

c) For payment via PayNow, please enter the UEN No. T08GB0056ACET and indicate the invoice/registration number. 

*With effect from 1 August 2021, cheque payment will not be available.

2. All successful applicants will be notified with a letter of confirmation via email.

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