330.255 E&I Garage - Business Model Development
This course is in all assigned curricula part of the STEOP.
This course is in at least 1 assigned curriculum part of the STEOP.

2021S, VU, 3.0h, 5.0EC, to be held in blocked form
TUWEL

Properties

  • Semester hours: 3.0
  • Credits: 5.0
  • Type: VU Lecture and Exercise
  • Format: Distance Learning

Learning outcomes

After successful completion of the course, students are able to...

  • Identify market potential
  • select business ideas that solve a customer need
  • develop a business plan based on a business idea
  • perform validation studies to test hypotheses
  • work on prototyping and developing a minimum viable product
  • pitch their ideas to investors

Subject of course

In this highly interactive course students learn what it takes to start a successful business in a "real life" scenario.

After completing the course, students will know how to:

from a content perspective:

  •  ..search, recognize & assess business opportunities
  •  ..enrich business ideas by applying appropriate tools & techniques
  •  ..discover customers & their needs
  •  ..evaluate the ecosystem around business ideas
  •  ..create profitable & sustainable business models
  •  ..apply creativity techniques in an appropriate way
  •  ..deal with high-tech

from a project management perspective:

  • ..structure a fuzzy project & to tackle uncertainty
  • ..break down complex tasks into manageable modules
  • ..deal with several stakeholders at once
  • ..manage different ways to target & to arrive at a decision
  • ..nail down the relevant project outcomes in a business proposal

 from a team management perspective:

  • ..learn how to effectively handle interdisciplinarity
  • ..work in teams efficiently by incorporating the strenghts of each team member into the process
  • ..cope with different work styles, opinions & perspectives

from a communication perspective:

  •  ..engage in vivid discussions & interactive group sessions
  •  ..present project outcomes in different environments & for different target groups (e.g. expert jury, team members, etc.)

Teaching methods

  • Kick-off lectures
  • Workshops on various topics: finance, pitching, investing, prototyping
  • Pitching and feedback
  • Development of a written business plan
  • Coaching sessions

Mode of examination

Immanent

Additional information

Note that this is effort necessary for this course certainly meets the awarded 5 ECTS. 

 

Lecturers

Institute

Course dates

DayTimeDateLocationDescription
09:00 - 17:0011.03.2021 - 12.03.2021 online (LIVE)E&I Garage - kick off
Wed16:00 - 18:0024.03.2021 - 16.06.2021 online or at WU (online at least until Easter, later if possible in presence) (LIVE)E&I Garage
Wed16:00 - 18:0007.04.2021 online or at WU (online at least until Easter, later if possible in presence) (LIVE)E&I Garage - optional
Fri17:30 - 19:0018.06.2021 online or at WU (online at least until Easter, later if possible in presence) (LIVE)E&I Garage final
E&I Garage - Business Model Development - Single appointments
DayDateTimeLocationDescription
Thu11.03.202109:00 - 17:00 onlineE&I Garage - kick off
Fri12.03.202109:00 - 17:00 onlineE&I Garage - kick off
Wed24.03.202116:00 - 18:00 online or at WU (online at least until Easter, later if possible in presence)E&I Garage
Wed07.04.202116:00 - 18:00 online or at WU (online at least until Easter, later if possible in presence)E&I Garage - optional
Wed14.04.202116:00 - 18:00 online or at WU (online at least until Easter, later if possible in presence)E&I Garage
Wed21.04.202116:00 - 18:00 online or at WU (online at least until Easter, later if possible in presence)E&I Garage
Wed28.04.202116:00 - 18:00 online or at WU (online at least until Easter, later if possible in presence)E&I Garage
Wed05.05.202116:00 - 18:00 online or at WU (online at least until Easter, later if possible in presence)E&I Garage
Wed12.05.202116:00 - 18:00 online or at WU (online at least until Easter, later if possible in presence)E&I Garage
Wed19.05.202116:00 - 18:00 online or at WU (online at least until Easter, later if possible in presence)E&I Garage
Wed26.05.202116:00 - 18:00 online or at WU (online at least until Easter, later if possible in presence)E&I Garage
Wed09.06.202116:00 - 18:00 online or at WU (online at least until Easter, later if possible in presence)E&I Garage
Wed16.06.202116:00 - 18:00 online or at WU (online at least until Easter, later if possible in presence)E&I Garage
Fri18.06.202117:30 - 19:00 online or at WU (online at least until Easter, later if possible in presence)E&I Garage final
Course is held blocked

Examination modalities

  • Motivation letter
  • In-class attendance
  • Teamwork and collaboration
  • Pitches and presentations

Course registration

Begin End Deregistration end
01.02.2021 12:00 26.02.2021 17:00 26.03.2021 17:00

Registration modalities:

PLEASE READ CAREFULLY

In order to be admitted in this course, you need to (1) register to the course and (2) send a motivation letter in which you state:

  • what is your reason for wanting to take the course

  • what prior knowledge you have about business development models, idea generation techniques and other relevant knowledge (please include if you have done workshops, summer schools or similar on the subject)

  • what prior practical experience you have had in the field of entrepreneurship and innovation (please list if you were a founder/co-founder of  other companies or you have worked in the start-up scene)

Please send your motivation letter by February 26th, 2021 5pm CET (in a short and concise form, maximum 1 page) via email to michael.filzmoser@tuwien.ac.at with the email header [E&I Garage Application]. Late responses are NOT honored. The notifications for acceptance or rejection will be e-mailed to the same e-mail addresses until February 28th.

 

The motivation letter will count as a part of the final grade for the class.

 

***Please announce IMMEDIATELY if you want to withdraw your application so you give a chance to others to join if you cannot.***

Curricula

Study CodeSemesterPrecon.Info
066 482 Mechanical Engineering - Management STEOP
Course requires the completion of the introductory and orientation phase
066 490 Technical Chemistry
066 926 Business Informatics
TRS Transferable Skills

Literature

No lecture notes are available.

Previous knowledge

-

Miscellaneous

  • Attendance Required!

Language

English