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Innovation and Entrepreneurship Assignment Help
Task: 1
Business Idea Generation and Evaluation of Feasibility
This assignment provides an opportunity to identify a real problem in the market or community, to create a range of ideas to solve this, and to evaluate the feasibility of which idea to take forward to Assignment 2. This is an individual assignment.
Task: 2
Business Idea Generation
Guided by content of the lectures, workshop discussions, and the material outlined in the prescribed text, you are encouraged to identify a real problem in the market or community in which you live. In presenting the idea, please discuss the reason the innovation is required and provide a persuasive argument of the benefits to be generated by each new venture idea.
Task: 3
Evaluation of Feasibility
Evaluation of feasibility focuses on both operational and ‘first-cut’ (high-level) financial feasibility. The lecture materials provide a guideline of what is to be considered in these evaluations.
Successful entrepreneurs and venture capitalists know that ideas are cheap. What matters to them is whether the idea solves a real problem in a feasible way.
Assessment 1 is to be written in a business report format. Please be sure to address the assessment criteria below and as they are elaborated in the marking rubric provided.
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