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​Evaluating the Feasibility and Applicability of Novel Ideas for Business.  

 

​A short description of the workshop

This CPD-accredited 3-day course equips participants to evaluate business ideas, particularly in STEM, market research, financial assessment, and risk analysis. Through practical exercises, they will refine concepts and develop actionable plans with confidence. ​

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Who should attend?:

​This course is ideal for early-stage entrepreneurs, innovators, and aspiring business owners looking to evaluate the feasibility of their novel ideas, particularly in STEM.

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Date and time: Currently closed, register your interest for the next call via the Form below.

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Location: Live Online.

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Objectives:

• Conduct market research to identify customers, needs, and trends.

• Assess financial viability by estimating costs, revenue, and breakeven points.

• Analysis to analyze competitors and refine positioning.

• Develop actionable plans with goals, timelines, and budgets.

• Pitch ideas confidently to gain feedback and support.

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 Course Benefits: 

• Gain practical skills in market research, financial analysis, and planning.

• Refine ideas through hands-on exercises and expert feedback.

• Boost confidence to pitch ideas to investors and stakeholders.

• Enhance your career with CPD credits (8 hours).

 

Brief Workshop Agenda

Day 1: Market Research and Idea Validation (3 hours)

• Introduction to market research fundamentals.

• Identifying target customers, market trends, and needs.

• Group activity: Designing a market survey.

• Understanding market fit and aligning ideas with demand.

 

Day 2: Financial and Competitive Analysis (3 hours)

• Basics of financial analysis: Estimating costs and forecasting revenue.

• Breakeven calculations with practical exercises.

• Identifying competitors and refining ideas 

• Group activity: Conducting a SWOT analysis for participants’ ideas.

• Assessing risks and practical challenges.

 

Day 3: Application and Pitching (2 hours)

• Finalizing action plans with timelines, budgets, and goals.

• Pitching session: Participants present ideas and receive feedback.

• Course wrap-up.

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Certificates with CPD-accredited hours will be issued to participants upon completion of the course.​

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Fees: 

 

Register your interest here:

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