Enhancing Value Chain Development in Bio-Resource Innovation through Entrepreneurship Skills Training
1. Path to Entrepreneurship
Path to entrepreneurship in biosciences
2. Establishing a Successful
Enterprise: Things to know and do
·
3. Identifying an Innovation
that can be Commercialized
Technology Readiness Levels (TRL)
4. Managing a Small Business
Planning
Organizing
Directing
Controlling
5. From Feasibility Plan to
PlanBusiness
Why do a Business Plan?
>
> Serves as a Road Map
> Serves as a Sales Tool
Sample Framework for a Business Plan
Serves as an Action Plan
6. Ethics in Running a Small Business
Knowing what is right or wrong and doing
what is right in the workplace.
The 'dos' and the 'don'ts'
7. Technology Licensing
Licenses and rights
Registration rights
Technology patent rights and disclosure
Disclaimer of Warranty
8. Intellectual Property Rights
Project Partners:
Founder:
Inventor of Technology
Opportunity recognition
Intellectual Property Rights
Fund and build team & company
Develop technology toward product
Survive by additional funding, selling assets (IP licensing) or spinning out applications
Market product
Patents
Copyright
Database
Rights
Design
Rights
Trademarks
Performance
Rights
Intellectual
Property
Rights
Cover Page
Content
Executive Summary
Introduction
Business history and current situation – what do you have?
Vision, mission and goals (where do you want to go)
Scanning the environment
Industry/ market analysis
SWOT – analysis
Product & Service Plan
Operational & Production Plan
Marketing Plan
Competitor plan
Management
Financials
Risk Planning
Support systems
Implementation monitoring and evaluation
List of references
Annexure and support documents
yojneuoytahwgnioDBuildingabusinessteam
Asking for the sale
Takingwhatyoudoseriously
Planningeverything
Managing money wisely
Remembering it is all about the customer
Being a self-promoter with reputation
Projecting a positive business image
Levellingtheplayingfieldwithtechnology
Becomingknownasanexpert
Creatingacompetitiveadvantage
Investinginyourself
Being accessible
and involvedSelling benefits
Being a negotiator
Designing a comfortable workspace
Taking time off
Limitingthenumberofhatsyouwear
Following-upconstantly
Founder:
Market Perceiver
Why do feasibility Plan?
> List in detail all the things you need to do to make the business work;
> Identify logistical and other business-related problems and solutions;
> Develop marketing strategies to convince a bank or investor that your
business is worth considering as an investment; and
> Serve as a solid foundation for developing your business plan.
Components of a feasibility plan:
> Description of the Business
> Market Feasibility:
> Technical Feasibility:
> Financial Feasibility:
> Organization Feasibility:
FAO March 2011 © Siegfried Modola/IRIN
Authors: Nicholas Ozor, K. Urama, E. Acheampong, J. Ecuru, M. Karembu, F. Nguthi, L. Opati, J. Komen, I. Virgin, M. Gasingirwa, T. Haileselassie, A. Abebe, J. Omari, P. Chuwa,
N. Nyange
Lead author’s contact details: Dr. Nicholas Ozor, Senior Research Officer, African Technology Policy Studies Network (ATPS), Nairobi, Kenya; email: nozor@atpsnet.org;
Mobile: +254713161926; Website: www.atpsnet.org