This 60-minute workshop will explore what a business model is; why a strong model is absolutely critical to anyone interested in launching a new product, service, business, or social venture; and how to develop an effective business model.
Customer discovery is a critical activity that allows you to develop and test hypotheses about your new business or social venture. This 90-minute workshop will provide participants with the knowledge, skills and tools to conduct effective customer discovery.
This workshop will expose participants to several tools that can be useful in evaluating the financial viability of a startup business. The session will provide a brief overview of analytic tools to help address these key questions: How much money will it take to launch my company?
This 60-minute workshop will explore the various tools and approaches entrepreneurs use to communicate with investors, all examined through a common framework. We’ll discuss elevator pitches, executive summaries, investor slide decks, business plans and other elements – the requirements for each, and how they can all work together in a powerful
This session will introduce what you need to know about financial statements for a startup company including the three core financial statements (income statement, cash flow statement, and balance sheet), how to make projections, and what investors look for in startup financials.
This workshop will help new entrepreneurs understand the different types and sources of funding – and which ones are right for you. We’ll cover everything from bootstrapping and crowdfunding to angel investors and venture capital.
Michigan Investment Competition (MIC) is an investor competition in which students play the role of venture capital firms. Student teams evaluate real investment options presented by motivated entrepreneurs and decide where to invest their firm’s money.
Discover the Michigan Business Challenge (MBC) and unleash your inner entrepreneur! MBC is a campus-wide, multi-round business plan competition where student teams pitch their ideas to panels of external judges and may advance through follow-on rounds of competition to win cash prizes totaling over $100,000.
Discover how utilizing user-centered design can impact your business model and improve the products or services you offer. User-centered Design (UCD) is the process of developing a tool, for instance, the user interface of a website or application, from the perspective of how it will be understood and used by a customer.