This assignment intends to enable the students to understand the importance of Entrepreneurship for any country and the facilitation that the establishment provides to individuals who aspire to become entrepreneurs. It targets the course learning objective 3.2: Show professionalism while discussing contemporary issues in project analysis in feasibility studies as a team.
. Instructions:
Each team should have 4 to 5 members. You will communicate with each other only virtually. (Blackboard or any other Communication method)
From the materials provided in Unit 1, the team will choose one organization from each category below:
Show how the chosen facilitating organization will help in converting the idea into opportunity. Discuss the role of each organization in realizing your business plan.
Each Team will ideate one Business idea (Broad idea is enough). And then explore the opportunities and challenges you may face in executing this business idea.
Category 1: EDUCATION / TRAINING / INCUBATION / TECHSHOP
Category 2: INVESTORS & FUNDING INSTITUTES
Category 3: ENTREPRENEURSHIP & SMES DEVELOPMENT PLATFORM
AGENCIES
Category 4: REGULATORS LINKED TO ENTREPRENEURSHIP & SMES
DEVELOPMENT
Format the report professionally and submit through Blackboard only as a .doc file. (no .pdf, .pages or any other format please). Plagiarized work will not be marked.
The Report should have following headers:
Team Introduction: Each member should be introduced with one statement on why she is interested to be an entrepreneur and her agreement to the team business idea
Team Business Idea: Briefly explain the team business idea. The objectives and purpose of the same. The opportunities and challenges in its execution (At least 3 each).
Chosen Agencies: For each chosen agency have one heading. Briefly introduce the agency, explain how this agency can help your team to achieve the business objectives (4 headers)
Conclusion: Team conclusion about the assignment and the experience gained. Did this exercise provide you with an insight, motivation, information and guidance on starting a business in Saudi Arabia? What lesson did the team learn from this exercise (both positive and negative)?
Team Member Contribution: Each team member must input their thoughts and l