Principles of Creating New Businesses

The course aims to cover the basic principles of and process leading to the creation of new enterprises. Moving from the innovative idea to the successful new venture requires creativity and entrepreneurialism, including careful planning, risk management, and knowledge of a company’s management. This module will provide students with the knowledge they need to achieve the above effectively.

In particular, students will learn how to identify and evaluate opportunities, map and develop their ideas, run feasibility studies, and develop a business plan for the implementation of their ideas.

Key learning outcomes:

• Understood the concept of entrepreneurship as well as the basic principles governing the creation of new businesses
• Developed skills in identifying, evaluating, and implementation planning of business ideas
• Become familiar with the use of practical tools, which allow identification, evaluation, development, and planning of innovative business ideas
• Acquired knowledge on entrepreneurship, especially on the creation of innovative and sustainable new businesses

An applied sciences research-orientated university, promoting research excellence and innovation for the benefit of science and society. Recently developed strategic plan gives emphasis on campus life, student experience and sustainable development within the 17 UNSDG’s framework.

CUT is young, public university, established in 2004, first outside the capital city, attracted high-caliber researchers and students.