[Solution]Topic: Creative Entrepreneurship

Assignment title: Creative Business Plan Aims / Context This unit is about entre?reneurship, enterprise and professional networking. Establishing a professional presence within advertising networks and…

Assignment title: Creative Business Plan

Aims / Context
This unit is about entre?reneurship, enterprise and professional networking. Establishing a professional presence within advertising networks and associations requires focused effort and a particular skillset.
This unit will introduce ?ou to specific problem solving techniques (Design Thinking), insight generation, network and social media norms and finally what is expected with an entrepreneurial perspective
The Unit aims to get you thinking and working as an entrepreneur by focusing on planning and developing and launching a creative ‘business’.

Assessment requirements
This unit is assessed holistically
(100% of the unit).
? You will be required to produce a creative business plan including creative work, value and insight generation, business rationale and strategy (2,000 words)

Assignment information
This assignment is about developing delivering a business plan. But more than that, it is about developing a delivering a business idea.
Across the Unit – either as an individual or as Team – you will develop a business idea. This might be:
? Tech start-up ? Magazine
? Pop-up store ? Gallery
? Advertising/Design agency ? Creative services website ? OR something else!
Your submission consists of a pitch for backing for that entrepreneurial venture.

Your submission should be written in a way to appeal to angel investors, venture capitalists or other entrepreneurial backers. It
should be part vision, part strategy, part plan, part sales pitch.
You have only 2,000 words to get your idea over in as clear, impactful and creative way as possible.

ONE POSSIBLE structure could be

Overview concept/Outline
pitch. In 100 words what is
your idea? Why is it special?Competitors/the Market. Who else is in the space, what do they do and how are you different? (250 words)The Product/Service. Your idea in detail. How it will work. What it will do, look like. (400 words)Research. What you have done to prototype, user test, market research your idea. (400 words)The Team & Partnerships. Who is in your team and why and who you may need in the future to make it happen? (300 words)Future possibilities. Where the idea could go. Where could it be in 18 months’ time? (200 words)Conclusion. The takeaway. In a 140 Character Tweet, the key thing about your idea.If the potential backers take nothing else away from your pitch… this would be in 140 characters)
8.You should write a 350 word response to the following question that you might be asked in an interview: “Focusing on your work on this Unit, what did you as an
individual learn about yourself as a creative-entrepreneur and the nature of creative entrepreneurship?”
Your response should be a critical self-reflection on the work you did and your individual contribution to the outcome. Remember that this is an ‘interview scenario’. You should think of your (written) response as though you were trying to sell yourself in an interview.
The word counts is 2,000 words but you can use any visuals, infographics or multimedia content you think adds value to your pitch. DO NOT add for the sake of it and
do not let it distract from the message.
The post Topic: Creative Entrepreneurship

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