Young Entrepreneurs Crash Course
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A crash course in the fundamentals of entrepreneurship and understanding of what it takes to get an idea off the ground. Run over 7-14 days in Pafos, Cyprus., each team is paired with an Innovation Momentum team member to serve as their team mentor throughout the engagement. The teams will pitch their ventures to industry experts, investors, family, friends, and members of the local city council.
|Overview||The Programme is a crash course in the fundamentals of entrepreneurship and understanding of what it takes to get an idea off the ground|
|Duration||7 - 14 Days|
|Timeline||Troughout the year|
|Mentorship||Each team is paired with an IM team member to serve as their team mentor throughout the engagement (3-5 students per team)|
|Demo Day||Teams pitch their ventures to industry experts, investors, family, friends, and members of the local city council|
|Cohort Size||Maximum 30 Students|
|Loyalty Scheme Discount||15%|
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4 Programme Pillars
30 min max – no long professor lectures
We have real entrepreneurs teach our courses. We don’t believe in long lectures or having professors with minimal startup experience teach. Our masterclasses are designed to specifically focus on one core concept, each with immediate next steps for integrating. Delivery: Masterclasses will be a mix of in-person classes, live Google Meet Classes, and recorded production videos
Immediate Action and Integration
No business plans
After each masterclass, teams work to integrate the core concepts just discussed into their venture ideas in the form of experiential workshops.
Delivery: Students will be set up in teams with IM facilitators and mentors working with each group providing a custom engagement and experience.
Learn from real customers
No mock simulations
By leveraging the IM community each team will conduct customer interviews virtually with individuals to gain valuable insights and feedback for the problem they are solving and approach with their prototype.
Expert guidance throughout
There are no answers in the back of the book of entrepreneurship, and having someone who is experienced with launching a venture is invaluable. IM has specialists and advisors in our community and we pair each team with a mentor to serve as a team advisor throughout the engagement.
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A Typical Day
|8:00 - 8:45||Breakfast|
|9:00 - 9:45||Storytelling workshop with industry expert|
|9:45 - 10:45||Team Integration and Adoption time|
|10;45 - 11:00||Break|
|11:00 - 11:30||Live Masterclass w/ facilitator on iterating multiple customer acquisition plans. Q&A w/ mentor and group discussion|
|11:30 - 12:30||Breakout strategy session w/ team and mentor|
|12:30 - 13:30||Lunch|
|13:30 - 15:00||Customer research and data collection/analysis through talking with real customers|
|15;00 - 18:00||Local activities, including but not limited to treasure hunt, hiking, cultural & gastronomy visits|
|18:00 - 19:00||Dinner|
|19:00 - 23:00||Life Skills, Free time to have fun, build relationships|