New Venture Creation 1: Taking the first steps, 29 - 30 January 2020

This course is designed for someone new to supporting venture creation Delegates will most likely be working in a higher education and public sector research environment but may also be from incubators or accelerators who support new venture creation.  It will enable the delegate to make a critical and supportive assessment of a new venture opportunity and advise next steps to be considered.  Is this course right for me? It would be of particular benefit to people with little practical experience of company formation, aiming to explore when this might make sense from a range of different stakeholder perspectives.  It’s likely to be of most value for those who are supporting students or academics or new entrepreneurs who are starting new ventures, or wanting to know when to refer people to those in the institution who can  It enables delegates to develop practical skills in assessing opportunities, developing a compelling value proposition, testing the market, and identifying the next steps.  Delegates might have significant experience in TT/KT or KE, but little practical experience of new venture formation and may be looking to take the first steps in assessing and supporting new venture opportunities  The course is an ideal primer for NVC2 which deals with these issues in greater detail and gives additional insight in how to form a high-growth company with VC finance. Why is New Venture Creation important? Forming new companies can be a key enabler of developing new technologies and priming them for the market place, and a key tool for the knowledge transfer professional It can facilitate economic benefits including a financial return to inventors and their institutions whilst creating new jobs and services of benefit to the local economy and beyond New ventures may enjoy symbiotic relationships with their parent institutions investing in further research and securing rights to develop arising IP There is increasing expectation that Universities and research institutes should be skilled at setting up actively managing their relationships with new ventures companies Company creation is a key element in the mix of instruments that allow Universities to deliver impact from their funding inputs and research outputs Supporting new venture creation can be a challenging and immersive experience. This course gives a framework for knowing whether to embrace this exciting challenge What will I learn from the course? Delegates completing the course will be able to: Understand what makes a good opportunity for a new venture   Assess and improve new business proposals  Develop a value proposition Analyse views of stakeholders Explore and choose the most relevant business model Articulate the opportunities and challenges of the business proposal Delegates will have the opportunity to hear from new venture development practitioners and those with corporate and venture capital experience. There will also be ample opportunity for networking with other delegates, the course team and other contributors. This course acts as a springboard for New Venture Creation 2 - making it happen. PLEASE NOTE: There may be a requirement for delegates to undertake some pre-course work/reading before the course begins. What makes this course different to others available in the sector? PraxisAuril is able to deliver this training from the unique perspective of KE practitioners. We see the world from the same angle as you do!  We draw on a wide pool of experience and expertise from within the profession and build them into the course content, ensuring we are always delivering up to date, sector leading training and development. The course has been updated in light of feedback from last time, to ensure that it continues to meet the needs of each of our delegates. The highly participative and interactive programme uses a new range of interactive techniques to engage delegates in an immersive, memorable and enjoyable learning experience. View provisional programme (subject to change) Venue The course will be held at Burleigh Court which is located on the Loughborough University campus (West Entrance). Loughborough railway station is three miles away - taxis are available at the station or there is a regular shuttle bus every 20 minutes from the station to the venue. If you are driving, Burleigh Court is one mile from junction 23 on the M1; ample free secure on-site car parking is available. Nottingham East Midlands Airport is just eight miles away. Accommodation Discounted bed and breakfast accommodation is available at Burleigh Court at £95.00 per night, per person. Please book your accommodation direct with Burleigh Court by calling 01509 633030 and quote the PraxisAuril event reference number 361736 in order to receive the discounted rate. Discounted rates are not available when booking accommodation online.  Any bedrooms that are not booked by Wednesday 1 January 2020 will be released. Accommodation may still be available at Burleigh Court after this date but might not be at the discounted rate. Please note that the course begins with registration, including dinner and drinks, on Wednesday 29th January from 1830-2030. The course fee includes: Attendance at all lectures and workshops Training and reference materials (electronic or otherwise) Registration event (including buffet dinner & drinks*) on Wednesday 29 January 2020 Morning and afternoon refreshments, and lunch on Thursday 30 January 2020 * Please note that there is no reduction in the course fee if you choose not to attend the registration event.