Mod5 part 4
- 1. NGEnvironment - Foster European Active Citizenship and Sustainability Through Ecological Thinking by NGOs Project Nummer: 2018-1-DE02-KA204-005014 IO2 - Induction to Pedagogy for NGO staff This project has been funded with the support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. IO2 – Induction to Pedagogy for NGO staff Module 5 – The NGEnvironment Immersion Programme Part 4: Creation of own entrepreneurship ideasPrepared by Rightchallenge ERASMUS+ Programme – Strategic Partnership Agreement No. 2018-1-DE02-KA204-005014 The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
- 2. NGEnvironment - Foster European Active Citizenship and Sustainability Through Ecological Thinking by NGOs Project Nummer: 2018-1-DE02-KA204-005014 IO2 - Induction to Pedagogy for NGO staff This project has been funded with the support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. -2- Agenda 4. Creation of own entrepreneurship ideas 4.1 How to do it 4.2 Entrepreneurship ideas for social and green entrepreneurs The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
- 3. NGEnvironment - Foster European Active Citizenship and Sustainability Through Ecological Thinking by NGOs Project Nummer: 2018-1-DE02-KA204-005014 IO2 - Induction to Pedagogy for NGO staff This project has been funded with the support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. -3- Learning Outcomes of Module 5 Recognise the importance of Business models and value propositions Be able to reflect on their own resilience and its value in starting a business Understand the chances of being an entrepreneur with an own NGO Be able to develop a structured business plan Be able to pitch for approval of a business idea The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
- 4. NGEnvironment - Foster European Active Citizenship and Sustainability Through Ecological Thinking by NGOs Project Nummer: 2018-1-DE02-KA204-005014 IO2 - Induction to Pedagogy for NGO staff This project has been funded with the support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. -4- Module/Unit Learning Outcomes – The learner will: Indicative Content The NGEvironment Immersion Programme • Understand the characteristics and structure of a Business Model • Understand the importance of the value propositi on for NGOs and non-profits • Understand the development process of an NGO • Understand the entrepreneurial process to develop a sustainable business Business Models Value Proposition Case studies NGOs development Creation of own entrepreneurship ideas Opportunity recognition and selection Business plan Pitching business ideas Overview on Module 5: The NGEnvironment Immersion Programme The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
- 5. NGEnvironment - Foster European Active Citizenship and Sustainability Through Ecological Thinking by NGOs Project Nummer: 2018-1-DE02-KA204-005014 IO2 - Induction to Pedagogy for NGO staff This project has been funded with the support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. -5- 4. Creation of own entrepreneurship ideas This project has been funded with the support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. Before creating your entrepreneurship ideas, you should do a self-evaluation and ask yourself: “why do I want do start a business?”. Then, you should ask yourself some important questions to figure it out what kind of business you should start: What skills do I have? Where does my passion lie on? What is my area of expertise? How much capital do I need? Am I ready to be an entrepreneur? Source: McCreary (n.d.) The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
- 6. NGEnvironment - Foster European Active Citizenship and Sustainability Through Ecological Thinking by NGOs Project Nummer: 2018-1-DE02-KA204-005014 IO2 - Induction to Pedagogy for NGO staff This project has been funded with the support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. -6- 4. Creation of own entrepreneurship ideas 4.1 How to do it This project has been funded with the support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. “An important aspect of successful business development is to follow a process of how you will assess a business idea or concept, decide whether to move forward with the project and build a business, if it is decided to move forward. “(Hofstrand, 2009, p.1) STEP 1: Initial idea exploration, identification and assessment STEP 2: Idea/concept and scenario/model deliberation and assessment STEP 3: Go/Non-Go Decision The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
- 7. NGEnvironment - Foster European Active Citizenship and Sustainability Through Ecological Thinking by NGOs Project Nummer: 2018-1-DE02-KA204-005014 IO2 - Induction to Pedagogy for NGO staff This project has been funded with the support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. -7- 4. Creation of own entrepreneurship ideas Step 1: Initial idea, exploration, identification and assessment This project has been funded with the support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. 1. Form a project committee Source (Hofstrand, 2009) 2. Formulate general business idea(s) or concept(s) 3. Identify alternative business models or scenarios for the ideas 4. Investigate the idea and alternative business scenarios 5. Formal research 6. Refine scenarios The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
- 8. NGEnvironment - Foster European Active Citizenship and Sustainability Through Ecological Thinking by NGOs Project Nummer: 2018-1-DE02-KA204-005014 IO2 - Induction to Pedagogy for NGO staff This project has been funded with the support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. -8- 4. Creation of own entrepreneurship ideas Step 2: Idea and scenario deliberation and assessment This project has been funded with the support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. 1. Further refine the business scenarios 2. Conduct feasibility study 3. Analyse the feasibility study Source: (Hofstrand, 2009) Source: Unsplash The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
- 9. NGEnvironment - Foster European Active Citizenship and Sustainability Through Ecological Thinking by NGOs Project Nummer: 2018-1-DE02-KA204-005014 IO2 - Induction to Pedagogy for NGO staff This project has been funded with the support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. -9- 4. Creation of own entrepreneurship ideas Step 3: Go/Non-Go decision Source (Hofstrand, 2009) This step involves to decide if... The project is viable and move forward with it It's necessary to do more research or analyse additional alternatives Source: Pexels The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
- 10. NGEnvironment - Foster European Active Citizenship and Sustainability Through Ecological Thinking by NGOs Project Nummer: 2018-1-DE02-KA204-005014 IO2 - Induction to Pedagogy for NGO staff This project has been funded with the support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. -10- 4.2 Entrepreneurship ideas for social and green entrepreneurs 1. Choose a social issue Most of social entrepreneurs are passionate about some particular issues. Despite that, the social issue that you decide to tackle must be important to many others. 2.Domain knowledge and research your issue If you want to tackle a business area that you don’t already have strong knowledge, it’s important to do a lot of research on the area and the market. 3. Get a global viewpoint Find out who are the relevant innovators related to your area. But it’s also important to look beyond your industry, because value parallels can be drawn, and trends understood from social businesses to other sectors. The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
- 11. NGEnvironment - Foster European Active Citizenship and Sustainability Through Ecological Thinking by NGOs Project Nummer: 2018-1-DE02-KA204-005014 IO2 - Induction to Pedagogy for NGO staff This project has been funded with the support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. H5P Tasks Task https://h5p.org/node/874760 -14- The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
- 12. NGEnvironment - Foster European Active Citizenship and Sustainability Through Ecological Thinking by NGOs Project Nummer: 2018-1-DE02-KA204-005014 IO2 - Induction to Pedagogy for NGO staff This project has been funded with the support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. Prepared by Rightchallenge This project has been funded with the support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. ERASMUS+ Programme – Strategic Partnership Agreement No. 2018-1-DE02-KA204-005014 Thank you very much for your attention! Websites: http://www.ngenvironment-project.eu/ http://ngenvironment.eduproject.eu/ The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
- 13. NGEnvironment - Foster European Active Citizenship and Sustainability Through Ecological Thinking by NGOs Project Nummer: 2018-1-DE02-KA204-005014 IO2 - Induction to Pedagogy for NGO staff This project has been funded with the support from the European Commission. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. -13- Sources • Hofstrand, D. (2009). Idea Assessment and Business Development Process. Ag Decision Maker. Iowa, USA: Iowa State University Extension and Outreach, Department of Economics • McCreary, M. (n.d.). The Complete, 12-Step Guide to Starting a Business. Website. Retrieved from: https://www.entrepreneur.com/article/297899 The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.