Upon successful completion of the course, the student will have achieved the following learning outcomes:
has advanced knowledge and high motivation for innovation and entrepreneurial activities in general, and within the biotechnology sector in particular
has thorough knowledge of successful bio-companies in Norway and abroad, and can explain why these companies have succeeded
can use relevant methods to develop and write a viable business plan for a venture. This includes preparing a financial plan and identifying appropriate sources of capital
can carry out and effectively communicate a good business idea and other relevant topics to key stakeholders of the start-up company
has advanced competence in evaluating the business idea, putting together an entrepreneurial team, attracting investors or other funding bodies and scaling the company
Different types of entrepreneurs and start-up companies
Skills and competences needed to succeed as an entrepreneur in general and as a bioentrepreneur in particular
Knowing critical success factors of new companies and being able to analyze and describe successful bio-companies and their entrepreneurs
Funding mechanisms for new ventures
Preparing for meetings with investors or other funding bodies
Exit strategies (Intellectual Property Owners (IPO) and industrial sale)
The language of business
Stakeholder mapping and communication strategies, including relevant channels
Story-telling in business
Teaching and working methods
The course is delivered as weekly lectures combined with case studies. There will also be guest lectures given by founders and business leaders in companies in the region. Students are expected to participate in class discussions.
2-3 individual business case assignments during the course
a minimum of 80% presence in scheduled classes
a week-long individual home exam based on a business case and with questions related to material taught in the lectures. This exam-paper is to be defended by an individual oral examination.
The exam will be evaluated by letter grade, A-F, where E is the lowest passing grade.