Description
Entrepreneurship Innovator Badge
ENTREPRENEURSHIP
INNOVATOR BADGE
Please read the criteria required carefully before submitting your application for a badge. The criteria
column is a detailed explanation of all requirements specific to each badge and level. When applying for
a badge, you are asked to provide various proof or evidence supporting your application. The number
depends on the badge and the level you are seeking. Please note; not all badges include specific
requirements. The way in which you provide proof that the set criterion has been met is at your
discretion unless otherwise stated under submission requirements. For example; if you complete a one
on one interview, you may choose to submit a video recording, summary, YouTube, blog etc. The rubric
is used to determine issuance of individual badges.
Categories Criteria Rubric
N/A
Submission
Requirements
Identify and interview an individual
who has started his or her own
business. Identify items such as: how
entrepreneur got the idea for the
business and how the entrepreneur
recognized it as a market
opportunity.
In a minimum of 200 words, describe
the leadership qualities you possess
and how they have helped you or will
help you succeed including five key
elements; creativity, originality, risk
taking, action/results orientation,
and persistence.
Conduct a feasibility study of your
business (briefly writing or explaining
each item):
•Identification of business
goals, described product or
service, and explanation of
how to meet goals and needs
with product or service
•Identification and
description of the potential
liability risks of product or
service and the type of
license required in order to
sell or make the product or
service.
•Determination of a target
Report outlined interview with
business professional.
• Where business idea came
from
• How capital was raised to start
business
• Progress of business
• Student reflection
Self-reflection report outlined:
• Students leadership qualities
• How qualities related to five
key elements creativity,
originality, risk taking,
action/results orientation, and
persistence.
Feasibility plan includes:
• Identified business goals
• Described product or service
• Explained how to meet goals
and needs with product or
service
• Identified and described the
potential liability risks of
product or service
• Determined the type of
license required in order to
sell or make the product or
service.
• Determined the target
market
market and the unique
benefits of the product or
service.
•Explanation of how to
promote and sell the product
or service to potential
customers.
•Calculation of the cost per
prototype and the selling
price of the product or
service. Explanation of how
price was determined.
•Determination of how
much money will be needed
to start the business.
Explained how money or
capital will be acquired.
•Determination of employee
roles and allocation of work
(if employees were needed),
whether additional help will
be needed to operate the
business and the
qualifications that will be
required
•Determination of
assumptions and a process
or plan to ensure
product/service withstands
challenges i.e. Primary and
secondary competition,
market uncertainty,
technology, skilled labour
shortage etc.
• Described the unique
benefits of the product or
service.
• Explained how to promote
and sell the product or service
to potential customers.
• If selling a product,
determined how much it will
cost to make one prototype.
• Calculated the selling price
of the product or service.
Explained how price was
determined.
• Explained how product or
service will generate profit.
• Determined how much
money will be needed to start
the business. Explained how
money or capital will be
acquired.
• Determined employee roles
and allocation of work (if
employees were needed)
• Determined whether
additional help will be needed
to operate the business and
the qualifications that will be
required
• Determined primary and
secondary competition
• Determined assumptions
and a process or plan to
ensure product/service
withstands challenges i.e.
Competition, market
uncertainty, technology,
skilled labour shortage etc.
•Included a 5 year plan
focused on the cost benefit
analysis.
Eligibility
To Apply
Eligibility is any student, who has planned to start, started; successfully
managed a business, contributed substantially to the turnaround or growth of
a business, or managed a larger business in a way that has demonstrated
notable entrepreneurial characteristics and achievements. Has demonstrated
Entrepreneurial spirit, including commitment, vision, calculated risk-taking and
capacity for personal growth.
Must clearly demonstrate all criteria outlined in each category to apply for
the Entrepreneurship Innovator Badge.
doc_436119497.pdf
Entrepreneurship Innovator Badge
ENTREPRENEURSHIP
INNOVATOR BADGE
Please read the criteria required carefully before submitting your application for a badge. The criteria
column is a detailed explanation of all requirements specific to each badge and level. When applying for
a badge, you are asked to provide various proof or evidence supporting your application. The number
depends on the badge and the level you are seeking. Please note; not all badges include specific
requirements. The way in which you provide proof that the set criterion has been met is at your
discretion unless otherwise stated under submission requirements. For example; if you complete a one
on one interview, you may choose to submit a video recording, summary, YouTube, blog etc. The rubric
is used to determine issuance of individual badges.
Categories Criteria Rubric
N/A
Submission
Requirements
Identify and interview an individual
who has started his or her own
business. Identify items such as: how
entrepreneur got the idea for the
business and how the entrepreneur
recognized it as a market
opportunity.
In a minimum of 200 words, describe
the leadership qualities you possess
and how they have helped you or will
help you succeed including five key
elements; creativity, originality, risk
taking, action/results orientation,
and persistence.
Conduct a feasibility study of your
business (briefly writing or explaining
each item):
•Identification of business
goals, described product or
service, and explanation of
how to meet goals and needs
with product or service
•Identification and
description of the potential
liability risks of product or
service and the type of
license required in order to
sell or make the product or
service.
•Determination of a target
Report outlined interview with
business professional.
• Where business idea came
from
• How capital was raised to start
business
• Progress of business
• Student reflection
Self-reflection report outlined:
• Students leadership qualities
• How qualities related to five
key elements creativity,
originality, risk taking,
action/results orientation, and
persistence.
Feasibility plan includes:
• Identified business goals
• Described product or service
• Explained how to meet goals
and needs with product or
service
• Identified and described the
potential liability risks of
product or service
• Determined the type of
license required in order to
sell or make the product or
service.
• Determined the target
market
market and the unique
benefits of the product or
service.
•Explanation of how to
promote and sell the product
or service to potential
customers.
•Calculation of the cost per
prototype and the selling
price of the product or
service. Explanation of how
price was determined.
•Determination of how
much money will be needed
to start the business.
Explained how money or
capital will be acquired.
•Determination of employee
roles and allocation of work
(if employees were needed),
whether additional help will
be needed to operate the
business and the
qualifications that will be
required
•Determination of
assumptions and a process
or plan to ensure
product/service withstands
challenges i.e. Primary and
secondary competition,
market uncertainty,
technology, skilled labour
shortage etc.
• Described the unique
benefits of the product or
service.
• Explained how to promote
and sell the product or service
to potential customers.
• If selling a product,
determined how much it will
cost to make one prototype.
• Calculated the selling price
of the product or service.
Explained how price was
determined.
• Explained how product or
service will generate profit.
• Determined how much
money will be needed to start
the business. Explained how
money or capital will be
acquired.
• Determined employee roles
and allocation of work (if
employees were needed)
• Determined whether
additional help will be needed
to operate the business and
the qualifications that will be
required
• Determined primary and
secondary competition
• Determined assumptions
and a process or plan to
ensure product/service
withstands challenges i.e.
Competition, market
uncertainty, technology,
skilled labour shortage etc.
•Included a 5 year plan
focused on the cost benefit
analysis.
Eligibility
To Apply
Eligibility is any student, who has planned to start, started; successfully
managed a business, contributed substantially to the turnaround or growth of
a business, or managed a larger business in a way that has demonstrated
notable entrepreneurial characteristics and achievements. Has demonstrated
Entrepreneurial spirit, including commitment, vision, calculated risk-taking and
capacity for personal growth.
Must clearly demonstrate all criteria outlined in each category to apply for
the Entrepreneurship Innovator Badge.
doc_436119497.pdf