21126 Capstone Project in Business Planning

This is a core subject in the 'Innovation' degrees and provides a linking function to the four Technology Innovation and Science Specialisations. It draws together the two key themes of innovation and entrepreneurship as they are developed and practiced within the respective specialisations. It provides an applied context for integrating business and disciplinary skills and competencies in the creation, initiation, implementation and operation of a range of science, bio-engineering, engineering, and information technology-related business innovations. Students work in small teams located in situ with host companies to produce a business plan for the commercialisation of a scientific or technical idea or venture, which is assessed by experts in the respective fields of application. Students develop innovative, entrepreneurial, communicative and interpersonal skills in obtaining expert advice from scientists, engineers, designers, business people and venture-capitalists in the development of their business plans.