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students from Venture Creation class 

Venture Creation


Entrepreneurship is assuming the risks to transform ideas
into sustainable enterprises that create value.

Register for MGT 472 Venture Creation - Apply Today!


What is MGT 472 Venture Creation?

Open to all JMU majors with senior-level standing

An immersion experience for students with an entrepreneurial interest to focus on the launch and first five years of business development. Transform a market opportunity into a viable business from conception to growth to harvest. Build a replicable business model that generates profits long-term.  Launch a business!

Learning Objectives

  1. Learn to think differently.
  2. Consider alternative career options.
  3. Gain exposure to the world of start-ups.
  4. Create high performance and winning teams.
  5. Create a viable plan for a fundamentally sound business.

Topics

  • Risk and Uncertainty
  • The Value Proposition
  • The Business Model
  • Capital Formation Strategy

Venture Teams

Students are interviewed and placed into venture teams of 3 to 4 individuals based on skill sets and interests and a mix of business to non-business majors. A seasoned entrepreneur and a Master of Accounting student, acting as the CPA, are assigned to each team.

Class Competition

Thursday, May 6, 2010 from 3-6 p.m. in 306 Taylor Hall

Open to MGT 472 students' friends and families, prospective students, JMU faculty and class contributors (mentors, guest speakers, practitioners)

To apply for MGT 472, fill out this application, and e-mail the completed form to Carol Hamilton at hamil1cw@jmu.edu.

Testimonial

One of the major skills that I was able to take away from the class was the ability to think outside the box and process information without any formal instructions or rules to go by. Additionally it has taught me how to problem solve and then execute and actually carry out solutions. I want to thank you for bringing such a unique and valuable class to JMU.   

Kevin Dubs (JMU'09, VC F08) Program Analyst, General Services Administration (GSA)


 

Venture Creation Alumni Stories

Teddy wchildren

Teddy McNab

JMU'08 VC F07

I’m currently located in the country of Ghana, West Africa.  I have been living here [since August 2009], residing in the capital city of Accra.  It’s been a rewarding experience over the course of my time here.  I ventured into this expedition alone, using my own personal funds, a bit of courage, and the thought in which, “one person can make a difference.”

My journey has led me to rural villages, impoverished towns, and neighboring refugee camps. From here, I looked at my past experiences and educational background to find adequate ways to impact the lives of the people I came across.  I’ve learned a simple smile, respect for ones culture, and openness to listen and learn are more valuable and intrinsically rewarding than any monetary gain given or received in life.

Within the next few months, I will slowly organize myself and my fellow colleagues and friends to find sufficient solutions which will benefit the areas to which I have traveled.