ASPIRE/ ENTREPRENEURIAL LEARNING High-quality, business relevant - PowerPoint PPT Presentation

ASPIRE/ ENTREPRENEURIAL LEARNING High-quality, business relevant education

ASPIRE Mission to develop innovative student entrepreneurship with a focus on responsible enterprise • Research • Business Start-Up Journey • Self-Employed Placements

Developing entrepreneurship • Practical knowledge (finance, registering a company, staying legal…) • Developing a successful business proposition (problem solving, creative solutions, communication, leadership…) These skills are key to the future workforce against a backdrop of industrial revolution 4.0. 4.0. The UK’s European University

THE BUSINESS START-UP JOURNEY IN SIX STEPS The UK’s European University

Activity 1 - Solving problems The UK’s European University

The UK’s European University

Real-world testing • Prototyping - makerspace • Pop-up markets • MVP websites/apps • Social media • Crowd sourcing The UK’s European University

Activity 2 • How will you test your idea? What prototype would you make? - App, website, video, other What are the essential components of the prototype? -Draw/act them out How would you reach your customers to test? Why would you use this method? What questions would you ask them/what feedback would you gain? The UK’s European University

Developing strategies • Marketing, finance, The Business Start-Up Journey legal structure. works with more • One-to-one sessions than 40 external with Entrepreneur in partners, Residence and Tech including… Entrepreneur in Residence • Masterclasses with private-sector business The UK’s European University

Support and advice • Mentoring with successful entrepreneurs • Partnership with other entrepreneurial support agencies The UK’s European University

Developing skills Communication Leadership Presentation The UK’s European University

Business Model Canvas The UK’s European University

Ongoing support • Entering competitions – pitches, video pitches • Access to investors – Kent Investors Network • Seed funding – ASPIRE and links to Local Authority. The UK’s European University

Activity 3 - pitching • How would you pitch your business idea – in one minute? The problem was…. Our solution is…. How we make money…. The UK’s European University

Impact 2016-18 • 500+ students attending launch events. • Attendance at interactive seminars: 100+ • 300+ one-to-one advice sessions • Business plans submitted: 112 • Ideas chosen for acceleration: 52 • Students reaching pitching day: 22 • Student businesses trading or close to trading: 20 The UK’s European University

Some of our student businesses Waitr COzero The UK’s European University

Testimonials “I am empowered and equipped to go on and “The programme is thrive upon graduation. excellent in THANK YOU .” delivering the right knowledge to future entrepreneurs ” “ We have thoroughly enjoyed the experience with the Business- Start-Up Journey with Aspire. “For us, the learning process was much more important than winning it. We can't thank you enough. We feel much more confident .” The UK’s European University

Things to remember • Encourage people to try… and fail. • Don’t be afraid to fail yourself. • Be agile, creative. Pivot. • Have fun! The UK’s European University

Any questions? The UK’s European University

ASPIRE@kent.ac.uk The UK’s European University

THE UK’S EUROPEAN UNIVERSITY www.kent.ac.uk/kbs