This course builds on previous concepts and outlines strategies and tactics for forming, financing and launching a new venture. Topics to be addressed will include building the new venture’s initial management team, identifying and reaching out to early customers, developing financial plans, raising startup and initial growth financing, and preparing for and managing rapid growth.
This course is part of the Innovation: From Creativity to Entrepreneurship Specialization
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Innovation: From Creativity to Entrepreneurship SpecializationUniversity of Illinois at Urbana-ChampaignAbout this Course
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100% online
Start instantly and learn at your own schedule.
Course 6 of 7 in the
Flexible deadlines
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Approx. 13 hours to complete
English
Subtitles: Arabic, French, Portuguese (European), Italian, Vietnamese, German, Russian, English, Spanish
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Course 6 of 7 in the
Flexible deadlines
Reset deadlines in accordance to your schedule.
Approx. 13 hours to complete
English
Subtitles: Arabic, French, Portuguese (European), Italian, Vietnamese, German, Russian, English, Spanish
Offered by
University of Illinois at Urbana-Champaign
The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs.
Start working towards your Master's degree
This course is part of the 100% online Master of Business Administration (iMBA) from University of Illinois at Urbana-Champaign.
If you are admitted to the full program, your courses count towards your degree learning.
Syllabus - What you will learn from this course
1 hour to complete
Course Orientation
You will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course.
1 hour to complete
1 video (Total 2 min), 4 readings, 1 quiz
3 hours to complete
Module 1: Earning Revenue
In this module, we will discuss go-to-market strategies.
3 hours to complete
5 videos (Total 49 min), 2 readings, 5 quizzes
2 hours to complete
Module 2: Financial Forecasting
In this module, we will discuss how to build financial projections for the startup company, in order to determine the potential size and scope of the business opportunity and the financing that may be required to successfully pursue that opportunity.
2 hours to complete
3 videos (Total 35 min), 2 readings, 4 quizzes
3 hours to complete
Module 3: Raising Capital
This module is focused on how startup companies raise capital from outside investors.
3 hours to complete
3 videos (Total 51 min), 2 readings, 5 quizzes
3 hours to complete
Module 4: Managing Growth
This module is focused on growth – metrics that can be used to help manage it, and alternatives to consider if the company is not growing as it needs to.
3 hours to complete
5 videos (Total 54 min), 3 readings, 4 quizzes
Reviews
TOP REVIEWS FROM ENTREPRENEURSHIP II: PREPARING FOR LAUNCH
by IZJun 23, 2019
I believe this course was very straightforward, focusing on those elements that I was really looking forward to fully understand. And it does it in a way that can be easily applied to my own reality.
by KWSep 29, 2019
This is a really fantastic class. There is some cross-over from other business classes but the way the topics are presented allows future entrepreneurs to do a run through with their product or idea.
by SBOct 6, 2020
Professor Parkinson made this course highly engaging and interesting. His guest presenters were all great speakers and very helpful in helping me to gain insight to how the world of startups works.
by ODJul 3, 2020
It opened up my mind to topics and question I had never asked before. The course content is small and easy to comprehend. I would recommend to any beginner entrepreneur and investor.
About the Innovation: From Creativity to Entrepreneurship Specialization
In a world characterized by volatility, uncertainty, complexity, and ambiguity, leaders require innovation skills. Thinking flexibly and developing an entrepreneurial mindset are critical to thriving in uncertain business environments. This specialization addresses how to recognize and question assumptions and constraints so as to identify and capitalize on opportunities. Innovation is needed within existing organizations and to found new organizations. Learning to change the rules of the game by creating innovative value propositions and discovering new market positions for sustained competitive advantage are some of the actionable lessons in this specialization.
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