Entrepreneurship and New Ventures Capstone Semester 1

Enrollment Message

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Course Description

Unleash your inner entrepreneur! This course equips you with the knowledge and skills to navigate the exciting world of starting and running your own business.  We'll delve into the fundamentals of entrepreneurship, exploring different business types, legal structures, and roles within an organization. You'll learn to identify your strengths and weaknesses as an entrepreneur, discover how to find great business opportunities and analyze their viability. We'll even explore how to craft a business plan, secure funding, navigate legal requirements, and protect your ideas through intellectual property. By the end, you'll have a roadmap to turn your ideas into reality!

• Counts as a directed elective or elective for all diplomas

Course Goals

Upon completion of the course, students will…

• define entrepreneurship and small business.
• classify types of businesses  Identify various legal structures of a business.
• identify roles and responsibilities within a business.
• define business compensation structures.
• define business life cycle stages  Identify elements of the design thinking process.
• identify characteristics of an entrepreneurial mindset.
• describe a self-assessment outcome and identify the strengths, weaknesses, and risk tolerance identified in a self-assessment.
• describe how to compensate for weaknesses of a self-assessment with services and other resources.
• recognize a business opportunity.
• identify the risks, benefits, opportunities, and drawbacks of being an entrepreneur.
• identify characteristics of an entrepreneurial mindset.
• identify the benefits and drawbacks of different types of opportunities (e.g., start a new business, buy an existing business, and buy a franchise).
• analyze the demand for the goods or service.
• analyze opportunities in an environment and market.
• identify the customers or potential customers for a business.
• recognize a value proposition  Identify characteristics of a business opportunity.
• determine the viability of a business opportunity.
• identify the purposes and value of a business plan.
• identify the appropriate legal structure, benefits, and drawbacks for different legal structures for a business.
• given a scenario, identify different types of licenses and regulations that are required.
• identify the benefits and drawbacks of various sources of startup funding - Equity (friends/family, angels, venture), Debt (bank, credit cards, personal loans), and Grants (government, foundation, corporate).
• differentiate between trademarks, trade secrets, copyrights, and patents  Identify the value, risks, and guidelines associated with using licensed material.

Indiana Academic Standards

• Next Level Programs of Study Competencies

Units of Instruction

• Unit 1 Entrepreneurship and Business Ownership
• Unit 2 The Entrepreneur
• Unit 3 Opportunity Recognition
• Unit 4 Business Plans and Intellectual Property

Grading/Evaluation

Indiana Online does not assign letter grades, grant credit for courses, nor issue transcripts or diplomas. A final score reported as a percentage of total points earned will be sent to students upon completion of a course. Your school of record can also access this score within the Student Information System, Genius. The final score will be shown as a percentage in Canvas and Genius. The student’s school of record will determine the letter grade based on their specific grading scale.

Students must complete at least 70% of the course and take all parts of the final exam(s) to have a score reported to their school of record. Failure to meet these requirements will result in a score of 0 reported to the school of record.

Assessments

Online assessments consist of formative and summative assessments represented by computer-graded multiple choice, teacher-graded writing assignments including hands-on projects, model building and other forms of authentic assessments. The course includes the following assessments

• 9 Discussions
• 8 Assignments
• 12 Quizzes

Teacher Contact Response Time

Students can use email or the private message system within Genius or Canvas to access highly qualified teachers when they need teacher assistance. Students will also receive feedback on their work inside Canvas. The Teacher Information page of their course may describe additional communication options.

The teacher will respond to student inquiries (email, text, call) within one business day. Assignments will be graded and posted within two business days.

Expectations for Academic Conduct 

Student Handbook 

It is your responsibility to read the student handbook to understand all aspects of taking an online course including expectations for academic conduct. Contact your teacher if you have any questions. 

Assistance for Students with Accommodations

Indiana Online supports an inclusive learning environment for all students. If there are aspects of the instruction or design of this course that hinder your full participation, such as inaccessible web content, or the use of non-captioned videos and podcasts, reasonable accommodations can be arranged.

Technology

Technology Requirements 

Students will require a computer device with headphones, a microphone, webcam, up-to-date Chrome Web Browser, and access to YouTube. Please review the Indiana Online’s Technology Requirements.

Technical Skills Needed 

Basic technology skills necessary to locate and share information and files as well as interact with others in a Learning Management System (LMS), include the ability to

• download, edit, save, convert, and upload files
• download and install software
• use a messaging service similar to email
• communicate with others in online discussion or message boards, following basic rules of netiquette
• open attachments shared in messages
• create, save, and submit files in commonly used word processing program formats and as a PDF
• save a file as a .pdf
• copy and paste and format text using your mouse, keyboard, or an html editor’s toolbar menu
• insert images or links into a file
• search for information within a document using Ctrl+F or Command+F keyboard shortcuts
• work in multiple browser windows and tabs simultaneously
• activate a microphone or webcam on your device, and record and upload or link audio and/or video files
• use presentation and graphics programs
• follow an online pacing guide or calendar of due dates
• use spell-check, citation editors, and tools commonly provided in word processing tool menus
• create and maintain usernames and passwords

Technical Questions?  Please contact the Indiana Online Helpdesk.