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URL: https://www.coursera.org/learn/illinois-tech-new-tech-ventures

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New Tech Ventures

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New Tech Ventures

Included with

Gain insight into a topic and learn the fundamentals.
Intermediate level

Recommended experience

6 weeks to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
Intermediate level

Recommended experience

6 weeks to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

Build your subject-matter expertise

This course is part of the Business & Technology Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
  • 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 videosTotal 62 minutes
  • Course Overview2 minutes
  • Instructor Introduction2 minutes
  • Module 1 Introduction2 minutes
  • Introduction to Innovation - Part 16 minutes
  • Introduction to Innovation - Part 214 minutes
  • Entrepreneurial Mindset - Part 111 minutes
  • Entrepreneurial Mindset - Part 210 minutes
  • Ethics in Entrepreneurship - Part 111 minutes
  • Ethics in Entrepreneurship - Part 26 minutes
6 readingsTotal 210 minutes
  • Syllabus10 minutes
  • Module 1 Introduction10 minutes
  • Introduction to Innovation60 minutes
  • Developing the Entrepreneurial Mindset60 minutes
  • Ethics in Entrepreneurship60 minutes
  • Module 1 Summary10 minutes
4 assignmentsTotal 165 minutes
  • Module 1 Summative Assessment120 minutes
  • Introduction to Innovation Quiz15 minutes
  • Developing the Entrepreneurial Mindset Quiz15 minutes
  • Ethics in Entrepreneurship Quiz15 minutes
1 discussion promptTotal 10 minutes
  • Meet and Greet Discussion10 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 videosTotal 57 minutes
  • Module 2 Introduction5 minutes
  • Team Assembly, Finding Co-Founders and Building a Team - Part 112 minutes
  • Team Assembly, Finding Co-Founders and Building a Team - Part 27 minutes
  • Cultivating Company Values - Part 18 minutes
  • Cultivating Company Values - Part 25 minutes
  • Managing Cofounder Dynamics - Part 112 minutes
  • Managing Cofounder Dynamics -Part 28 minutes
5 readingsTotal 200 minutes
  • Module 2 Introduction Reading10 minutes
  • Team Assembly [Finding Co-Founders and Building a Team]60 minutes
  • Cultivating Company Values60 minutes
  • Managing Cofounder Dynamics60 minutes
  • Module 2 Summary10 minutes
4 assignmentsTotal 165 minutes
  • Module 2 Summative Assessment120 minutes
  • Team Assembly [Finding Co-Founders and Building a Team] Quiz15 minutes
  • Cultivating Company Values Quiz15 minutes
  • Managing Cofounder Dynamics Quiz15 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 videosTotal 53 minutes
  • Module 3 Introduction3 minutes
  • Fundamentals of Design Thinking - Part 17 minutes
  • Fundamentals of Design Thinking - Part 23 minutes
  • Applying Ideation Techniques - Part 111 minutes
  • Applying Ideation Techniques - Part 29 minutes
  • Prototyping and Feedback - Part 19 minutes
  • Prototyping and Feedback - Part 210 minutes
6 readingsTotal 210 minutes
  • Module 3 Introduction Reading10 minutes
  • Fundamentals of Design Thinking60 minutes
  • Applying Ideation Techniques60 minutes
  • Feedback and Prototyping 60 minutes
  • Module 3 Summary10 minutes
  • Insights from an Industry Leader: Learn More About Our Program10 minutes
4 assignmentsTotal 165 minutes
  • Module 3 Summative Assessment120 minutes
  • Fundamentals of Design Thinking Quiz15 minutes
  • Applying Ideation Techniques Quiz15 minutes
  • Feedback and Prototyping Quiz15 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 videosTotal 51 minutes
  • Module 4 Introduction2 minutes
  • Conducting Effective Market Research - Part 18 minutes
  • Conducting Effective Market Research - Part 27 minutes
  • Analyzing the Competitive Environment - Part 110 minutes
  • Analyzing the Competitive Environment - Part 27 minutes
  • Global Market Positioning - Part 19 minutes
  • Global Market Positioning - Part 27 minutes
5 readingsTotal 200 minutes
  • Module 4 Introduction Reading10 minutes
  • Conducting Effective Market Research60 minutes
  • Analyzing the Competitive Environment60 minutes
  • Global Market Positioning60 minutes
  • Module 4 Summary10 minutes
4 assignmentsTotal 165 minutes
  • Module 4 Summative Assessment120 minutes
  • Conducting Effective Market Research Quiz15 minutes
  • Analyzing the Competitive Environment Quiz15 minutes
  • Global Market Positioning Quiz15 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 videosTotal 53 minutes
  • Module 5 Introduction3 minutes
  • Creating Business Models - Part 19 minutes
  • Creating Business Models - Part 27 minutes
  • Value Proposition Design - Part 15 minutes
  • Value Proposition Design - Part 27 minutes
  • Navigating Regulatory and Legal Landscapes - Part 18 minutes
  • Navigating Regulatory and Legal Landscapes - Part 211 minutes
  • Navigating Regulatory and Legal Landscapes - Part 34 minutes
5 readingsTotal 200 minutes
  • Module 5 Introduction Reading10 minutes
  • Creating Business Models60 minutes
  • Value Proposition Design60 minutes
  • Navigating Regulatory and Legal Landscapes60 minutes
  • Module 5 Summary10 minutes
4 assignmentsTotal 165 minutes
  • Module 5 Summative Assessment120 minutes
  • Creating Business Models Quiz15 minutes
  • Value Proposition Design Quiz15 minutes
  • Navigating Regulatory and Legal Landscapes Quiz15 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 videosTotal 55 minutes
  • Module 6 Introduction2 minutes
  • Customer Discovery Techniques - Part 16 minutes
  • Customer Discovery Techniques - Part 26 minutes
  • Customer Discovery Techniques - Part 39 minutes
  • Iterative Prototyping - Part 18 minutes
  • Iterative Prototyping - Part 25 minutes
  • Validating Problem - Solution Fit - Part 18 minutes
  • Validating Problem - Solution Fit - Part 27 minutes
  • Validating Problem - Solution Fit - Part 34 minutes
5 readingsTotal 200 minutes
  • Module 6 Introduction Reading10 minutes
  • Customer Discovery Techniques60 minutes
  • Iterative Prototyping60 minutes
  • Validating Problem - Solution Fit60 minutes
  • Module 6 Summary10 minutes
4 assignmentsTotal 165 minutes
  • Module 6 Summative Assessment120 minutes
  • Customer Discovery Techniques Quiz15 minutes
  • Iterative Prototyping Quiz15 minutes
  • Validating Problem - Solution Fit Quiz15 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 videosTotal 86 minutes
  • Module 7 Introduction2 minutes
  • Basics of Financial Planning - Part 110 minutes
  • Basics of Financial Planning - Part 210 minutes
  • Basics of Financial Planning - Part 37 minutes
  • Financial Modeling Techniques - Part 18 minutes
  • Financial Modeling Techniques - Part 26 minutes
  • Financial Modeling Techniques - Part 37 minutes
  • Financial Modeling Techniques - Part 48 minutes
  • Funding Strategies and Investor Relations - Part 16 minutes
  • Funding Strategies and Investor Relations - Part 25 minutes
  • Funding Strategies and Investor Relations - Part 310 minutes
  • Funding Strategies and Investor Relations - Part 47 minutes
5 readingsTotal 200 minutes
  • Module 7 Introduction Reading10 minutes
  • Basics of Startup Finance60 minutes
  • Financial Modeling Techniques60 minutes
  • Funding Strategies and Investor Relations60 minutes
  • Module 7 Summary10 minutes
4 assignmentsTotal 165 minutes
  • Module 7 Summative Assessment120 minutes
  • Basics of Startup Finance Quiz15 minutes
  • Financial Modeling Techniques Quiz15 minutes
  • Funding Strategies and Investor Relations Quiz15 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 videosTotal 57 minutes
  • Module 8 Introduction2 minutes
  • Crafting Compelling Pitches - Part 17 minutes
  • Crafting Compelling Pitches - Part 26 minutes
  • Storytelling in Business Communication - Part 16 minutes
  • Storytelling in Business Communication - Part 27 minutes
  • Storytelling in Business Communication - Part 39 minutes
  • Delivering Pitches and Closing Sales - Part 110 minutes
  • Delivering Pitches and Closing Sales - Part 210 minutes
5 readingsTotal 200 minutes
  • Module 8 Introduction Reading10 minutes
  • Storytelling in Business Communication60 minutes
  • Crafting Compelling Pitches60 minutes
  • Sales 101 and Entrepreneurial Selling60 minutes
  • Module 8 Summary10 minutes
4 assignmentsTotal 165 minutes
  • Module 8 Summative Assessment120 minutes
  • Storytelling in Business Communication Quiz15 minutes
  • Crafting Compelling Pitches Quiz15 minutes
  • Sales 101 and Entrepreneurial Selling Quiz15 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 assignmentTotal 180 minutes
  • Summative Course Assessment180 minutes

Earn a career certificate

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Build toward a degree

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

Instructor

Illinois Tech
1 Course1,134 learners

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