enhancing value chain development in bio-resource innovation through entrepreneurship skills...
DESCRIPTION
Poster prepared by Nicholas Ozor, K. Urama, E. Acheampong, J. Ecuru, M. Karembu, F. Nguthi, L. Opati, J. Komen, I. Virgin, M. Gasingirwa, T. Haileselassie, A. Abebe, J. Omari, P. Chuwa and N. Nyange for the ILRI APM 2013, Addis Ababa, 15-17 May 2013TRANSCRIPT
Enhancing Value Chain Development in Bio-Resource Innovation through Entrepreneurship Skills Training
1. Path to Entrepreneurship
Path to entrepreneurship in biosciences
2. Establishing a Successful Enterprise: Things to know and do
·
3. Identifying an Innovation that can be Commercialized
Technology Readiness Levels (TRL)
4. Managing a Small Business
Planning
Organizing
Directing
Controlling
5. From Feasibility Plan to Plan Business
Why do a Business Plan?>> Serves as a Road Map > Serves as a Sales Tool
Sample Framework for a Business Plan
Serves as an Action Plan
6. Ethics in Running a Small Business
Knowing what is right or wrong and doing what is right in the workplace.
The 'dos' and the 'don'ts'
7. Technology Licensing
Licenses and rights
Registration rights
Technology patent rights and disclosure
Disclaimer of Warranty
8. Intellectual Property Rights
Project Partners:
Founder:Inventor of Technology
Opportunity recognition
Intellectual Property Rights
Fund and build team & company
Develop technology toward product
Survive by additional funding, selling assets (IP licensing) or spinning out applications
Market product
Patents
Copyright
DatabaseRights
DesignRights
TrademarksPerformance
Rights
IntellectualPropertyRights
Cover Page
Content
Executive Summary
Introduction
Business history and current situation – what do you have?
Vision, mission and goals (where do you want to go)
Scanning the environment
Industry/ market analysis
SWOT – analysis
Product & Service Plan
Operational & Production Plan
Marketing Plan
Competitor plan
Management
Financials
Risk Planning
Support systems
Implementation monitoring and evaluation
List of references
Annexure and support documents
yojne uoy tahw gnioD
Building a business team
Asking for the sale
Taki
ng w
hat y
ou d
o se
rious
ly
Plan
ning
ever
ything
Managing money
wisely
Remembering it is all about the customer
Being a self-promoter with reputation
Projecting a positive business image
Levelling the playing field with technology
Beco
min
g kn
own
as a
n ex
pert
Crea
ting
a co
mpe
titiv
e ad
vant
age
Inves
ting i
n you
rself
Being accessible and involve
dSelling benefits
Being a negotiator
Designing a comfortable workspace
Taking time off
Limiting the num
ber of hats you wearFollow
ing-up constantly
Founder:Market Perceiver
Why do feasibility Plan?> List in detail all the things you need to do to make the business work; > Identify logistical and other business-related problems and solutions; > Develop marketing strategies to convince a bank or investor that your
business is worth considering as an investment; and > Serve as a solid foundation for developing your business plan.
Components of a feasibility plan:> Description of the Business> Market Feasibility: > Technical Feasibility: > Financial Feasibility: > Organization Feasibility:
FAO March 2011 © Siegfried Modola/IRIN
Authors: Nicholas Ozor, K. Urama, E. Acheampong, J. Ecuru, M. Karembu, F. Nguthi, L. Opati, J. Komen, I. Virgin, M. Gasingirwa, T. Haileselassie, A. Abebe, J. Omari, P. Chuwa, N. Nyange
Lead author’s contact details: Dr. Nicholas Ozor, Senior Research Officer, African Technology Policy Studies Network (ATPS), Nairobi, Kenya; email: [email protected]; Mobile: +254713161926; Website: www.atpsnet.org