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Venture Creation

students from Venture Creation class

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 junior or senior-level standing who have completed COB 300

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!

Read more about the course and recent business launches through Creating AdVenture in the Classroom by Paula Polglase from JMU Public Affairs. 

Learning Objectives

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

Benefits

  1. Students learn to work collaboratively across disciplines.
  2. Students become competitive applicants to small, mid-sized, and large corporations recruiting entrepreneurially-minded employees who can think innovatively and solve problems with research and creative thinking.
  3. Students decide early whether an entrepreneurial career is right for them.
  4. Students hone their leadership and teamwork skills.
  5. Students learn the “business” language of the start-up and investment world.
  6. Students gain confidence in their abilities to conduct business professionally and to think like an entrepreneur.

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

Monday, April 29, 2013, from 3:00 PM - 6:00 PM in the Transitions Room, Warren Hall

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

Apply Now!
To apply for MGT 472, fill out this application, and e-mail the completed form to Carol Hamilton at hamil1cw@jmu.edu. Deadline for the Fall 2013 class is Monday, May 3, 2013.

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)

If you have any questions or would like more information on the Venture Creation course, please contact us at cfe@jmu.edu.


 

 

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.