What Does MVP Stand For? It’s Not What You Think.
October 7, 2024
Article
Recommended experience
Intermediate level
Interest in technology entrepreneurship and startups.
Recommended experience
Intermediate level
Interest in technology entrepreneurship and startups.
Add to your LinkedIn profile
33 assignments
Add this credential to your LinkedIn profile, resume, or CV
Share it on social media and in your performance review
This course is structured to provide students with an opportunity to practice the process of starting a venture, and learn to grow, and sustain innovative businesses. It begins with cultivating an entrepreneurial mindset and progresses through design thinking, customer discovery, and strategic financial planning. Each module is designed to build on the previous, incorporating elements like global market positioning and ethical business practices. Students will conclude the course by learning to effectively communicate their business ideas through compelling pitches aimed at securing funding and driving business growth. All students will form teams of 3-4 students and undertake a project intended to become a real business.
Pre-Requisites: None Required Textbook: None Other Required Materials: None Software Requirements: None
Welcome to New Technology Ventures! This course is structured to provide students with an opportunity to practice the process of starting a venture, and learn to grow, and sustain innovative businesses. It begins with cultivating an entrepreneurial mindset and progresses through design thinking, customer discovery, and strategic financial planning. Each module is designed to build on the previous, incorporating elements like global market positioning and ethical business practices. Students will conclude the course by learning to effectively communicate their business ideas through compelling pitches aimed at securing funding and driving business growth. All students will form teams of 3-4 students and undertake a project intended to become a real business. This module introduces students to the foundational concepts of innovation, focusing on the importance of an entrepreneurial mindset and design thinking. Learners will explore real-world examples to examine how ethics and innovation are linked in business success.
9 videos6 readings4 assignments1 discussion prompt
Learn to build high-performance teams and establish company values that reflect the startup’s mission and market strategy. This module also addresses the nuances of cofounder relationships, providing strategies for conflict resolution and collaborative success.
7 videos5 readings4 assignments
Students apply design thinking and AI tools to generate, develop, and refine innovative business ideas. This module emphasizes practical applications while seeking to solve real-world problems.
7 videos6 readings4 assignments
This module equips students with the skills to perform thorough market research and develop strategies for entering competitive global markets. It covers practical tools for analyzing competitors, understanding market dynamics, and consumer behavior.
7 videos5 readings4 assignments
This module focuses on developing innovative business models with consideration of legal and regulatory requirements, preparing students to craft business models that address real customer needs. Lessons include practical applications using the Lean Canvas and strategies for intellectual property protection.
8 videos5 readings4 assignments
This module equips students with the skills to engage deeply with potential customers through interviews and prototype engagement. Students will learn how to conduct iterative cycles of customer feedback, applying insights to refine their solutions, thereby achieving problem-solution fit.
9 videos5 readings4 assignments
Students will learn to develop financial plans and models that illustrate potential growth and scalability for startup ventures. This module covers various strategies for securing startup funding, including venture capital, angel investment, and crowdfunding.
12 videos5 readings4 assignments
Students will demonstrate the ability to craft and deliver compelling pitches, utilizing storytelling to effectively communicate business value, generate sales, and secure investment.
8 videos5 readings4 assignments
This module contains the summative course assessment that has been designed to evaluate your understanding of the course material and assess your ability to apply the knowledge you have acquired throughout the course.
1 assignment
Illinois Tech is a top-tier, nationally ranked, private research university with programs in engineering, computer science, architecture, design, science, business, human sciences, and law. The university offers bachelor of science, master of science, professional master’s, and Ph.D. degrees—as well as certificates for in-demand STEM fields and other areas of innovation. Talented students from around the world choose to study at Illinois Tech because of the access to real-world opportunities, renowned academic programs, high value, and career prospects of graduates.
University of Colorado Boulder
Specialization
Coursera Instructor Network
Course
University of Colorado Boulder
Build toward a degree
Course
Fundação Instituto de Administração
Course
This course is part of the following degree program(s) offered by Illinois Tech. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
This course is part of the following degree program(s) offered by Illinois Tech. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
Illinois Tech
Degree · 12-24 months
¹Successful application and enrollment are required. Eligibility requirements apply. Each institution determines the number of credits recognized by completing this content that may count towards degree requirements, considering any existing credits you may have. Click on a specific course for more information.
Unlimited access to 10,000+ world-class courses, hands-on projects, and job-ready certificate programs - all included in your subscription
Earn a degree from world-class universities - 100% online
Upskill your employees to excel in the digital economy
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
You will be eligible for a full refund until two weeks after your payment date, or (for courses that have just launched) until two weeks after the first session of the course begins, whichever is later. You cannot receive a refund once you’ve earned a Course Certificate, even if you complete the course within the two-week refund period. See our full refund policy.
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work.
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.
These cookies enable the website to provide enhanced functionality and personalization. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.