Leading The Entrepreneurship Ecosystem Development

Description
During in this such a brief paper resolve leading the entrepreneurship ecosystem development.

For Faculty
Courses
Faculty Development Courses
NEN faculty members, equipped by its Faculty Development Programs, are at the
forefront, leading the entrepreneurship ecosystem development in their own campuses
and in the community; creating and supporting entrepreneurs and contributing to
economic development through indirect creation of jobs.
NEN’s Faculty Development Programs are offered in four categories: Foundation
Courses, Advanced Topics, High Impact Infrastructure Design, and Mentor Development.
a. Foundation Courses
Foundation courses provide orientation on entrepreneurship and establish the
relevance of entrepreneurship to students, institutes and faculty. Core concepts and
frameworks are taught using experiential, participant-centric outbound exercises,
games, videos, cases and expert interactions.
These programs also provide key inputs around entrepreneurship program design and
build the ability to develop and lead a wide range of activities on campus such as
workshops, courses, internships and campus companies.
1. NEN Orientation Program
This program introduces faculty to the exciting world of entrepreneurship education,
where innovative teaching methods and content energizes young people, unleashing
their talents and ambitions. The Orientation Program connects faculty to colleagues
across the country and introduces them to NEN resources. It also outlines their role as
NEN faculty leaders.
2. Kick-starting the Entrepreneurial Campus
This particular module equips faculty members to run engaging entrepreneurship
programs – that go beyond generating awareness and actually begin developing key
skills and knowledge. The course provides solid grounding in effective entrepreneurship
teaching methodologies with an emphasis on experiential learning.
3. Building Technology Ventures
This course has been designed exclusively for engineering and technology faculty. It
unravels the entrepreneurial process for technology ventures and integrates
entrepreneurship into engineering education. The course equips faculty with skills
necessary to enable students translate an idea into a fundable technology business.
b. Advanced Topics
Advanced Topics courses offer in-depth knowledge and skills to faculty on key aspects
crucial to start-ups – business models, sales, getting to market, raising money, building a
team, managing cash and IP management. These courses involve application of core
concepts and frameworks to solve issues along the early and growth stage of the
venture. Advanced pedagogies with live entrepreneur cases, investors and experts, case
studies on emerging economies, tools and videos are used in the classroom. Emphasis is
on immediate application of learning in the classroom and practicing on campus.
1. Business Models and Business Plans
An intensive three-day program, the Business Models and Business Plans program
equips faculty with the necessary knowledge to guide entrepreneurs and students in
understanding the key elements of a business concept. Using case studies, videos and
research materials, participants learn to assess business opportunities, examine
financing options, design business models, and finally, write structured business plans.
2. Getting to Market: Commercializing your Idea
The toughest hurdle for many entrepreneurs is getting their products off the drawing
board and into the marketplace. Getting to Market effectively explores these challenges
and arms faculty with an assortment of tools and techniques to help entrepreneurs
overcome them in as cost effective and time efficient manner as possible.
3. Venture Capital, Angel Funding and Debt: Raising capital for your entrepreneurial
venture
This program addresses key questions that challenge all entrepreneurs: how much
money can and should be raised, when should it be raised and from whom, what is a
reasonable valuation of the company, and how should funding be structured? This
course comprehensively explores the financial tools needed by an entrepreneur in
starting his or her own business.
4. Success Growth: Project to process
In Successful Growth: Project to Process, participants explore the critical frameworks
required to build effective processes involving all key business functions in a start-up.
Successful graduates of this unique program gain the skills, confidence and knowledge
required to help entrepreneurs build robust systems and processes that vastly expand
organizational capabilities.
5. Building organizations and Managing people for Strategic Advantage
Building Organizations and Managing People for Strategic Advantage helps participants
systematically and strategically explore complex aspects of managing an organization's
human assets. The course provides a good understanding of how to overcome these
challenges by addressing four critical areas: organizational architecture for strategic
advantage, leadership and motivation, team building, and negotiation in entrepreneurial
settings.
6. IP Strategies for Building Competitive Advantage
IP Strategies for Building Competitive Advantage reveals the dynamics of Intellectual
Property (IP) and lays bare the fundamental IP concepts and legal and business
strategies applicable to start-ups. By the end of the program, faculty members are
equipped to help entrepreneurs identify their IP assets and design effective IP strategies
to achieve organizational objectives.
7. Practical Ethics: Succeeding in a Transparent World
This is a unique course built on the foundation of Giving Voice to Values (GVV), a
research and curriculum development program housed and supported by Babson
College. The course is designed to enable participants evaluate the importance of ethics
with the intention of identifying and practicing actionable strategies for value driven
leadership. Graduates of this course gain an introduction to the GVV curricular
development process and are capable of helping entrepreneurs identify what is right
and also making it happen.
c. High Impact Infrastructure Design
For the campus entrepreneurship ecosystem to mature and realize the potential to
create and support entrepreneurs, advance infrastructure in the form of innovation
centers, incubators and entrepreneurship support centers need to be developed. High-
impact Infrastructure Design courses address this need for greater in-depth knowledge
and exposure for faculty involved in initiating and establishing infrastructure on campus.
These programs enable them to understand the means and dynamics of infrastructure
development and to strive to make these platforms world class.
1. Developing Advanced Infrastructure: IEDC/EDCs, Mentoring Units and Incubators
The Advanced Infrastructure program arms faculty members with the know-how for
securing funds from government agencies to create advanced infrastructure and skills
that are required to design and implement innovation driven entrepreneurship
programs on campus. These programs engage students in exploring entrepreneurial
opportunities, practicing starting a venture and commercializing innovations.
2. Building IP in Academic Campuses
This course helps faculty members equip themselves to guide, protect as well as
leverage technology innovations by students on campus. They explore types of
innovation in India and in different technology campuses across the globe, patterns of
technology development and effects of the internal and external environment on
innovations.
3. Tools for Successful Business Incubation
Tools for Successful Business Incubation helps faculty members understand the
requirements of a successful business incubator program and equips them with the
necessary resources. The course covers the most common needs of start-up
entrepreneurial firms, the barriers they face, and inputs on how business incubators can
promote their development.
d. Mentor Development Programs
Within academic institutes, the faculty plays a critical role as the first point of contact
for young students aspiring to be entrepreneurs. These faculty members, particularly
those with industry or entrepreneurial background, when trained, exposed and
provided experience progressively, become effective entrepreneur mentors. NEN
Mentor Development Programs cover concepts and skills of entrepreneurship along the
venture life cycle, the best teaching methods for entrepreneurs, an understanding of
how to mentor new and practicing entrepreneurs, how to develop networks and match
external resources to the needs of entrepreneurs.
1. Mentoring Skills Finishing School (MSFS)
This is a proactive two-day course offered to select faculty members on
recommendation by the NEN consulting team based on the faculty’s on-the-ground
performance. The course is specifically designed to enable participants work efficiently
with entrepreneurs in the pre-venture and early stage of the venture.
2. Entrepreneur Educator and Mentor Round Tables
Select educators and mentors from the community are brought together on this
platform to facilitate this in addition to gathering inputs for devising newer engagement
methodologies with entrepreneurs. While interacting with one another, faculty
members gain new connections and knowledge from the exchange of impactful
mentoring and training practices.
3. Tools for Growth
Tools for Growth is a unique, hands-on course developed in partnership with London
Business School, under the Goldman Sachs 10,000 Women Program. During the multiple
modules of the course, faculty members work with entrepreneur participants -
immediately applying the tools they are learning and helping entrepreneurs develop
action plans to use the tools and techniques to address growth challenges.
4. Kick-starting Ventures
In this module, participants learn how to mentor start-up ventures. During the intense,
hands-on course, participants gain a very good understanding of many of the vital issues
related to starting a high-potential start-up including assessing opportunities, testing
business plans and understanding organizational requirements for the early stages of
company growth.

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