New Tech Ventures
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New Tech Ventures
This course is part of Business & Technology Specialization
Instructor: Nik Rokop
Included with
Recommended experience
Recommended experience
Skills you'll gain
- Business Modeling
- Sales Presentations
- Entrepreneurship
- Ideation
- Open Mindset
- Team Building
- Team Leadership
- Global Marketing
- Legal Risk
- Innovation
- Entrepreneurial Finance
- Market Research
- Teamwork
- Design Thinking
- Business Planning
- Market Dynamics
- New Business Development
- Relationship Building
- Oral Expression
- Storytelling
Details to know
33 assignments
See how employees at top companies are mastering in-demand skills
Build your subject-matter expertise
- Learn new concepts from industry experts
- Gain a foundational understanding of a subject or tool
- Develop job-relevant skills with hands-on projects
- Earn a shareable career certificate
There are 9 modules in this course
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.
What's included
9 videos6 readings4 assignments1 discussion prompt
9 videos•Total 62 minutes
- Course Overview•2 minutes
- Instructor Introduction•2 minutes
- Module 1 Introduction•2 minutes
- Introduction to Innovation - Part 1•6 minutes
- Introduction to Innovation - Part 2•14 minutes
- Entrepreneurial Mindset - Part 1•11 minutes
- Entrepreneurial Mindset - Part 2•10 minutes
- Ethics in Entrepreneurship - Part 1•11 minutes
- Ethics in Entrepreneurship - Part 2•6 minutes
6 readings•Total 210 minutes
- Syllabus•10 minutes
- Module 1 Introduction•10 minutes
- Introduction to Innovation•60 minutes
- Developing the Entrepreneurial Mindset•60 minutes
- Ethics in Entrepreneurship•60 minutes
- Module 1 Summary•10 minutes
4 assignments•Total 165 minutes
- Module 1 Summative Assessment•120 minutes
- Introduction to Innovation Quiz•15 minutes
- Developing the Entrepreneurial Mindset Quiz•15 minutes
- Ethics in Entrepreneurship Quiz•15 minutes
1 discussion prompt•Total 10 minutes
- Meet and Greet Discussion•10 minutes
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.
What's included
7 videos5 readings4 assignments
7 videos•Total 57 minutes
- Module 2 Introduction•5 minutes
- Team Assembly, Finding Co-Founders and Building a Team - Part 1•12 minutes
- Team Assembly, Finding Co-Founders and Building a Team - Part 2•7 minutes
- Cultivating Company Values - Part 1•8 minutes
- Cultivating Company Values - Part 2•5 minutes
- Managing Cofounder Dynamics - Part 1•12 minutes
- Managing Cofounder Dynamics -Part 2•8 minutes
5 readings•Total 200 minutes
- Module 2 Introduction Reading•10 minutes
- Team Assembly [Finding Co-Founders and Building a Team]•60 minutes
- Cultivating Company Values•60 minutes
- Managing Cofounder Dynamics•60 minutes
- Module 2 Summary•10 minutes
4 assignments•Total 165 minutes
- Module 2 Summative Assessment•120 minutes
- Team Assembly [Finding Co-Founders and Building a Team] Quiz•15 minutes
- Cultivating Company Values Quiz•15 minutes
- Managing Cofounder Dynamics Quiz•15 minutes
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.
What's included
7 videos6 readings4 assignments
7 videos•Total 53 minutes
- Module 3 Introduction•3 minutes
- Fundamentals of Design Thinking - Part 1•7 minutes
- Fundamentals of Design Thinking - Part 2•3 minutes
- Applying Ideation Techniques - Part 1•11 minutes
- Applying Ideation Techniques - Part 2•9 minutes
- Prototyping and Feedback - Part 1•9 minutes
- Prototyping and Feedback - Part 2•10 minutes
6 readings•Total 210 minutes
- Module 3 Introduction Reading•10 minutes
- Fundamentals of Design Thinking•60 minutes
- Applying Ideation Techniques•60 minutes
- Feedback and Prototyping •60 minutes
- Module 3 Summary•10 minutes
- Insights from an Industry Leader: Learn More About Our Program•10 minutes
4 assignments•Total 165 minutes
- Module 3 Summative Assessment•120 minutes
- Fundamentals of Design Thinking Quiz•15 minutes
- Applying Ideation Techniques Quiz•15 minutes
- Feedback and Prototyping Quiz•15 minutes
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.
What's included
7 videos5 readings4 assignments
7 videos•Total 51 minutes
- Module 4 Introduction•2 minutes
- Conducting Effective Market Research - Part 1•8 minutes
- Conducting Effective Market Research - Part 2•7 minutes
- Analyzing the Competitive Environment - Part 1•10 minutes
- Analyzing the Competitive Environment - Part 2•7 minutes
- Global Market Positioning - Part 1•9 minutes
- Global Market Positioning - Part 2•7 minutes
5 readings•Total 200 minutes
- Module 4 Introduction Reading•10 minutes
- Conducting Effective Market Research•60 minutes
- Analyzing the Competitive Environment•60 minutes
- Global Market Positioning•60 minutes
- Module 4 Summary•10 minutes
4 assignments•Total 165 minutes
- Module 4 Summative Assessment•120 minutes
- Conducting Effective Market Research Quiz•15 minutes
- Analyzing the Competitive Environment Quiz•15 minutes
- Global Market Positioning Quiz•15 minutes
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.
What's included
8 videos5 readings4 assignments
8 videos•Total 53 minutes
- Module 5 Introduction•3 minutes
- Creating Business Models - Part 1•9 minutes
- Creating Business Models - Part 2•7 minutes
- Value Proposition Design - Part 1•5 minutes
- Value Proposition Design - Part 2•7 minutes
- Navigating Regulatory and Legal Landscapes - Part 1•8 minutes
- Navigating Regulatory and Legal Landscapes - Part 2•11 minutes
- Navigating Regulatory and Legal Landscapes - Part 3•4 minutes
5 readings•Total 200 minutes
- Module 5 Introduction Reading•10 minutes
- Creating Business Models•60 minutes
- Value Proposition Design•60 minutes
- Navigating Regulatory and Legal Landscapes•60 minutes
- Module 5 Summary•10 minutes
4 assignments•Total 165 minutes
- Module 5 Summative Assessment•120 minutes
- Creating Business Models Quiz•15 minutes
- Value Proposition Design Quiz•15 minutes
- Navigating Regulatory and Legal Landscapes Quiz•15 minutes
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.
What's included
9 videos5 readings4 assignments
9 videos•Total 55 minutes
- Module 6 Introduction•2 minutes
- Customer Discovery Techniques - Part 1•6 minutes
- Customer Discovery Techniques - Part 2•6 minutes
- Customer Discovery Techniques - Part 3•9 minutes
- Iterative Prototyping - Part 1•8 minutes
- Iterative Prototyping - Part 2•5 minutes
- Validating Problem - Solution Fit - Part 1•8 minutes
- Validating Problem - Solution Fit - Part 2•7 minutes
- Validating Problem - Solution Fit - Part 3•4 minutes
5 readings•Total 200 minutes
- Module 6 Introduction Reading•10 minutes
- Customer Discovery Techniques•60 minutes
- Iterative Prototyping•60 minutes
- Validating Problem - Solution Fit•60 minutes
- Module 6 Summary•10 minutes
4 assignments•Total 165 minutes
- Module 6 Summative Assessment•120 minutes
- Customer Discovery Techniques Quiz•15 minutes
- Iterative Prototyping Quiz•15 minutes
- Validating Problem - Solution Fit Quiz•15 minutes
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.
What's included
12 videos5 readings4 assignments
12 videos•Total 86 minutes
- Module 7 Introduction•2 minutes
- Basics of Financial Planning - Part 1•10 minutes
- Basics of Financial Planning - Part 2•10 minutes
- Basics of Financial Planning - Part 3•7 minutes
- Financial Modeling Techniques - Part 1•8 minutes
- Financial Modeling Techniques - Part 2•6 minutes
- Financial Modeling Techniques - Part 3•7 minutes
- Financial Modeling Techniques - Part 4•8 minutes
- Funding Strategies and Investor Relations - Part 1•6 minutes
- Funding Strategies and Investor Relations - Part 2•5 minutes
- Funding Strategies and Investor Relations - Part 3•10 minutes
- Funding Strategies and Investor Relations - Part 4•7 minutes
5 readings•Total 200 minutes
- Module 7 Introduction Reading•10 minutes
- Basics of Startup Finance•60 minutes
- Financial Modeling Techniques•60 minutes
- Funding Strategies and Investor Relations•60 minutes
- Module 7 Summary•10 minutes
4 assignments•Total 165 minutes
- Module 7 Summative Assessment•120 minutes
- Basics of Startup Finance Quiz•15 minutes
- Financial Modeling Techniques Quiz•15 minutes
- Funding Strategies and Investor Relations Quiz•15 minutes
Students will demonstrate the ability to craft and deliver compelling pitches, utilizing storytelling to effectively communicate business value, generate sales, and secure investment.
What's included
8 videos5 readings4 assignments
8 videos•Total 57 minutes
- Module 8 Introduction•2 minutes
- Crafting Compelling Pitches - Part 1•7 minutes
- Crafting Compelling Pitches - Part 2•6 minutes
- Storytelling in Business Communication - Part 1•6 minutes
- Storytelling in Business Communication - Part 2•7 minutes
- Storytelling in Business Communication - Part 3•9 minutes
- Delivering Pitches and Closing Sales - Part 1•10 minutes
- Delivering Pitches and Closing Sales - Part 2•10 minutes
5 readings•Total 200 minutes
- Module 8 Introduction Reading•10 minutes
- Storytelling in Business Communication•60 minutes
- Crafting Compelling Pitches•60 minutes
- Sales 101 and Entrepreneurial Selling•60 minutes
- Module 8 Summary•10 minutes
4 assignments•Total 165 minutes
- Module 8 Summative Assessment•120 minutes
- Storytelling in Business Communication Quiz•15 minutes
- Crafting Compelling Pitches Quiz•15 minutes
- Sales 101 and Entrepreneurial Selling Quiz•15 minutes
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.
What's included
1 assignment
1 assignment•Total 180 minutes
- Summative Course Assessment•180 minutes
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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
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