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Study information

Business Start-up Project - 2023 entry

MODULE TITLEBusiness Start-up Project CREDIT VALUE90
MODULE CODEENGM005 MODULE CONVENERUnknown
DURATION: TERM 1 2 3
DURATION: WEEKS
Number of Students Taking Module (anticipated)
DESCRIPTION - summary of the module content

This innovative and unique module will see selected students truly learning by doing as they start-up their own businesses based on the ideas developed over the third year and commissioned by the ‘Boyden Enterprise Board’. Housed in the Innovation Centre, students will be part of a dynamic learning environment in offices alongside high-technology businesses undertaking research and development. Each student will be assigned a Mentor from industry in addition to an Academic Tutor from the Engineering Department. Students will form a collaborative and co-operative peer network and they will be supported throughout by the Innovation Centre team as well as EMPS staff.

There will be no formal teaching on this module as it is entirely student-led. Assessment will be via the creation and maintenance of a Professional Development Portfolio containing business plans, designs, market research and marketing plans, finance and tax documents pertaining to their business administration, and several critically reflective accounts of their entrepreneurship at key stages across the year. Successful completion of the module is not tied to the success of the business, instead it is based on the engagement and critical reflection of the student, whatever the outcome. The module runs across all terms of Year 4, from September to May.

 

AIMS - intentions of the module
INTENDED LEARNING OUTCOMES (ILOs) (see assessment section below for how ILOs will be assessed)

ILO  #1: Develop and explore technology innovation suitable for commercialisation.
Develop the product/service by using engineering specific methods and tools

ILO #2: Investigate the market, competition and customers' needs. Produce the financial forecase of the proposed venture. Plan the organisational strategy.

ILO #3  Critically reflect on the entrepreneurial journey.

ILO #4: Produce and present the complete set of documents required for funding a technology venture.

 

SYLLABUS PLAN - summary of the structure and academic content of the module
LEARNING AND TEACHING
LEARNING ACTIVITIES AND TEACHING METHODS (given in hours of study time)
Scheduled Learning & Teaching Activities Guided Independent Study 900 Placement / Study Abroad
DETAILS OF LEARNING ACTIVITIES AND TEACHING METHODS
Category Hours of study time Description
Independent study 900 The independent study includes a wide range of activities: mentoring, consultancy, individual work, networking, interaction with potential customers, entrepreneurs, venture capitalists and academics

 

ASSESSMENT
FORMATIVE ASSESSMENT - for feedback and development purposes; does not count towards module grade
SUMMATIVE ASSESSMENT (% of credit)
Coursework 100 Written Exams 0 Practical Exams 0
DETAILS OF SUMMATIVE ASSESSMENT
Form of Assessment % of Credit Size of Assessment (e.g. duration/length) ILOs Assessed Feedback Method
Coursework: Professional Development Portfolio* 100 50 All  

*The report must include: business plan, detailed designs, market research and marketing plans, finance and tax documents pertaining to their business administration, and a critically reflective account of the entrepreneurship journey at key stages across the year

DETAILS OF RE-ASSESSMENT (where required by referral or deferral)
Original Form of Assessment Form of Re-assessment ILOs Re-assessed Time Scale for Re-assessment
All above Coursework (100%) All Referral/deferral period

 

RE-ASSESSMENT NOTES

Reassessment will be by resubmission of the Professional Development Portfolio only. For deferred candidates, the mark will be uncapped. For referred candidates, the mark will be capped at 50%.

RESOURCES
INDICATIVE LEARNING RESOURCES - The following list is offered as an indication of the type & level of
information that you are expected to consult. Further guidance will be provided by the Module Convener

Reading list for this module:

There are currently no reading list entries found for this module.

CREDIT VALUE 90 ECTS VALUE 45
PRE-REQUISITE MODULES None
CO-REQUISITE MODULES None
NQF LEVEL (FHEQ) 7 AVAILABLE AS DISTANCE LEARNING No
ORIGIN DATE Tuesday 14th May 2019 LAST REVISION DATE Wednesday 2nd August 2023
KEY WORDS SEARCH None Defined

Please note that all modules are subject to change, please get in touch if you have any questions about this module.