VEP at UTC Specifics
VEP Phase I: Concept Development & Self Study
May 27-July 1, 2014
During this initial five week period, selected delegates will participate in a self-study curriculum developed by UTC College of Business. This will include reading materials and an online assessment module moderated by our entrepreneurship faculty. This phase will enable delegates to work on the further development of their business concepts and prepare for the on-campus boot camp experience in July 2014. Those with existing businesses will work on understanding and shaping relevant business issues.
VEP Phase II: VEP Boot Camp
July 19-26, 2014
Like a military boot camp, this eight-day residency at the UTC Campus in Chattanooga, TN is intense, rigorous and demanding. It is an opportunity for hands-on learning and interaction with faculty, guest entrepreneurs, business experts and peer delegates. The boot camp exposes VEP participants to the “nuts and bolts” of business ownership through experiential workshops and lessons from world-class entrepreneurship faculty representing nationally ranked programs around the country.
VEP Phase III: Mentoring & Venture Development
August 2014-May 2015
Delegates are provided with 10 months of ongoing mentorship from entrepreneurship experts at the UTC College of Business and online peer-to-peer networking. This phase of the VEP will enable delegates to get specific feedback regarding their ventures, provides access to professionals who can answer specific technical questions and offers extended hands-on support.
Topics To Be Addressed Include:
How do I identify an opportunity and how do I know if my business concept is a good idea?
How should I finance my venture and what are traditional lenders looking for?
How do I determine price?
If I am turned down for a loan, what other options do I have?
What is guerrilla marketing? How can I market my business effectively on a small budget?
How do I make sense of the numbers and what do they really mean?
What is the Power of Brands and how do I build mine?
How do I design an operating model?
What employment laws should I be aware of so I don't get sued?