As part of the co-sponsored Seigle Impact Track of the Michigan Business Challenge, this workshop offers approaches to and tools for social impact assessment. Students competing in Round 2 of the Impact Track need to attend so they can learn how to prepare this deliverable as part of the campus-wide Michigan Business Challenge competition.
Business plan competitions can be a good way to get experience pitching your company. In addition, you could meet potential investors and perhaps even win some prize money. But there can also be downsides to competing.
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 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. Weʼll cover everything from bootstrapping and crowdfunding to angel investors and venture capital. Youʼll learn about key concepts, essential vocabulary, and much more...
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