Free Training for Teachers – Mentors at the Young Entrepreneur Competition
Free Training for Teachers and Mentors at the Young Entrepreneur Competition
Free Training for Teachers – Mentors at the Young Entrepreneur Competition
We invite all teachers who will be mentoring students for the 29th National Young Entrepreneur Competition to participate in a free workshop led by Assoc. Prof. Dr. Mitja Jeraj. The workshop is designed to inform mentors, focusing on the preparation of a Feasibility Study, which students submit for evaluation by the competition’s jury. The workshop will take place online on December 3, 2024, at 14:00.
Workshop Content: Feasibility Study and Business Idea Evaluation
A feasibility study helps determine whether it is worth pursuing a business idea without committing significant resources.
Starting and running a business involves challenges and risks, but these risks can be mitigated by validating the business idea beforehand. The feasibility study is a process of evaluating the viability of the business idea, serving as an initial assessment before deciding on its implementation.
The feasibility study addresses seven key questions:
- What is the product?
- Is there a market? What does it look like?
- What is our market potential?
- How can we enter the market?
- What qualifications/resources do I have? What more do I need?
- What personal traits are required?
- Do I truly want to pursue this? Can I work alone, or is a team necessary?
By conducting a feasibility study, we can assess the viability of a business idea without prematurely investing resources.
Key Areas Covered in the Feasibility Study:
Topics Covered in the Online Workshop:
- Preliminary validation and evaluation of business ideas – its importance in deciding whether to execute a business idea
- The feasibility study as a tool for business idea validation and its differences from a business plan
- Case studies and examples
- Assessing the usefulness of the feasibility study in high school teaching and fostering entrepreneurship among students
Workshop Goals:
- Understand the importance of using various tools for preliminary business idea validation and apply the feasibility study to assess business ideas from the perspectives of business concept, product, industry/market, resources, and finance.
- Learn how to use different tools to assess business ideas before deciding to move forward with them, with the aim of motivating and inspiring high school students to pursue entrepreneurship.
- Encourage high school teachers to incorporate various entrepreneurial tools into their teaching process, particularly in generating ideas, developing concepts, and validating business ideas.
Workshop Registration for Mentors
The workshop will be held online, and prior registration is mandatory.
Lecturer
Assoc. Prof. Dr. Mitja Jeraj will share his knowledge and experience, guiding you through the steps of conducting a feasibility study using real-world examples.
