Pitching a New Product/Service Idea to Spacehive: The Big Idea

You are considering going into business on your own with an idea to help regenerate the local area through a project. You have thought of a great new product or service but you don’t have the funds to develop the idea. Having researched the market you have chosen to find a source of finance. The panel represent your source of finance and your presentation should represent this. To secure your funding you need to provide a sound case of why your product or service would be successful in bringing positive change to area and why you are the right person to make it happen.

Completion of this assignment will address the following learning outcomes:

1 Appraise the theories and practice of entrepreneurship, enterprise and innovation.

3 Explore the behaviours, characteristics, competencies and personalities of a range of entrepreneurs and evaluate against students’ own behaviours, characteristics, personality and competencies to assess their potential as an entrepreneur.

4 Evaluate internal and external factors affecting the development and creation of an entrepreneurial culture.

5 Analyse and discuss the process of a business start-up from conception to execution

You are required to create a presentation to pitch a new product/service project as an entrepreneur. Your pitch should be 15 minutes long with an additional 5 minutes allocated for questions. The panel you are presenting to represent Spacehive. They will be investing in you just as much as your product or service idea for the local area. Your presentation should represent this chosen source of support and funding and explore your capability in making the venture a success and what benefits to the area it will bring.

* Extenuating circumstances are defined by CU as ‘genuine circumstances beyond your control or ability to foresee, and which seriously impair your assessed work’.

* Please note that you will need to provide third party evidence to support your reasoning for requiring an extension or deferral.

* Your course tutor is NOT able to approve an extension or a deferral, if you have not completed the official forms and had your request approved your work will count as not submitted and receive a zero mark.

Plagiarism and Malpractice

* You are encouraged to check the originality of your work by using the draft Turnitin links on your Moodle Web.

* Collusion between students (where sections of your work are similar to the work submitted by other students in this or previous module cohorts) is taken extremely seriously and will be reported to the academic conduct panel. This applies to all coursework and exam answers.

* A marked difference between your writing style, knowledge and skill level demonstrated in class discussion, any test conditions and that demonstrated in a coursework assignment may result in you having to undertake a Viva Voce in order to prove the coursework assignment is entirely your own work.

* If you make use of the services of a proof reader in your work you must keep your original version and make it available as a demonstration of your written efforts.

* You must not submit work for assessment that you have already submitted (partially or in full), either for your current course or for another qualification of this university, unless this is specifically provided for in your assignment brief or specific course or module information. Where earlier work by you is citable, ie. it has already been published/submitted, you must reference it clearly. Identical pieces of work submitted concurrently will also be considered to be self-plagiarism.