Course Catalog and Schedule



New Venture Development (KIEI-940-0)
1.00 Credit
TCE BidStats

Description:
Previously known as Innovation Lab I, this course is the logical continuation of New Venture Discovery (KIEI 462). If a student or student team has a business concept that they want to pursue further, they are encouraged to apply to New Venture Development. This course is focused on testing and validating product-market fit, user interfaces and experience and advancing to the development of a refined MVP concept. Teams are not expected to have programmers at this point as the focus is on using a variety of free ware to test the product/service. A significant portion of the workload for this course will occur outside of the classroom. Students must be prepared to test and validate their business model hypotheses by engaging with potential customers and industry experts. Within the classroom, students will be encouraged to share learning experiences and help other student teams. The course work will be supplemented by guest speakers who are experts in specific industries as well as functional areas and a pool of alumni and local mentors who can assist in the development of their businesses.

New Venture Development will be offered in the fall and winter quarters. Upon the completion of New Venture Development, student teams and faculty will determine whether a team should move to New Venture Launch. Other courses that are beneficial to take in advance of this course are: MKTG 961: Entrepreneurial Tools for Digital Marketing and MORS 952: Building Innovation, Teams, and Cultures Admittance to New Venture Development is by application only. The application is available here. If a student wants to by-pass KIEI 462, they must identify that they are well versed in the process of design thinking and have already conducted significant market research to validate their business concept.

Prerequisites:
All Students: Negative PreRequisite: ENTR-940-0

Download Schedule Information

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Academic Year Term   Course ID Title Sec ID   Credits Syl Instructor Times Campus Location Mand 1st Exam
2014-2015 Fall 2014 KIEI-940-0 New Venture Development 61 1 Darragh, Linda Tue 1:30 PM - 4:45 PM Evanston Jacobs (165) N Check syllabus and confirm final deliverable with professor.
2014-2015 Winter 2015 KIEI-940-0 New Venture Development 61 1 Darragh, Linda Tue 6:30 PM - 9:30 PM Evanston Jacobs (G42) N Check syllabus and confirm final deliverable with professor.
2014-2015 Spring 2015 KIEI-940-0 New Venture Development 71 1 Farsht, Steven Thu 6:00 PM - 9:00 PM Chicago Wieboldt (305) N Check syllabus and confirm final deliverable or exam with professor.