Innovation & Entrepreneurship Institute
- SGM 3001. Fundamentals of Managing a Small Business
- SGM 3002. Business Plan Development
- SGM 3501. Entrepreneurial Thinking
- SGM 3503. Managing New and Small Enterprises
- SGM 3511. Seminar on Social Entrepreneurship
- SGM 3521. Financing New Enterprises
- SGM 3685. Internship in Entrepreneurship
- SGM 4596. Senior Entrepreneurship Seminar
SGM 3001. Fundamentals of Managing a Small Business
This course is designed for students completing a certificate in entrepreneurship. It introduces students with limited or no business background to the day-to-day business management skills and tools needed to launch and manage a new or small enterprise and to become successful entrepreneurs. Course objectives include evaluation of various methods to become owners of a new/small enterprise, preparation of a marketing plan for a new/small enterprise, as well as developing an understanding of legal, financial, and operational issues of new/small enterprises.
SGM 3002. Business Plan Development
This course is designed for students completing a certificate in entrepreneurship. It provides students with an understanding of planning for new and small enterprises including how to research, write and present effective business plans. A major portion of the course will be directed to the preparation of a business plan. The business plan is a critical strategic document used in planning for and in implementing the growth of an enterprise. It captures the management team’s thoughts and future actions and is used to acquire/attract resources such as new partners and funding. Students will learn about the interrelationship among the various aspects of the plan including the industry, target market, competition, marketing strategy, human resources, financial resources, and management team among others. Students will also learn about presenting the business plan.
SGM 3501. Entrepreneurial Thinking
Thinking like an entrepreneur is about seeing opportunities and passionately pursuing them. Anyone can be entrepreneurial — whether you start the next Facebook, take control of your work-life balance with a lifestyle business, have an impact on the world with a social venture, or drive change and innovation in an existing company. The goal of this course is not to teach students to start a venture nor to manage a business (this is covered in later courses) but to help you understand the hidden value of your ideas. By highlighting the impact of various types of innovation in driving the development of industries and technological fields, we demonstrate the importance of strategy, competitive advantage, core competencies, and value chains to organizations and industries. By training students to identify opportunities and creatively solve problems, we help develop invaluable skills and perspectives that will make anyone more successful in their professional life. Finally, by showing students all the options that entrepreneurship offers as a potential career path, we begin the process of training you to become a successful entrepreneur.
SGM 3503. Managing New and Small Enterprises
The goal of this course is to provide business students with an understanding of the challenges and opportunities of managing new and small firms. Managers of new and small enterprises tend to have limited resources and limited experience. Their goal is to beat the odds of failure, grow and become profitable. This course brings the “hands-on” tools and techniques that students will need to launch and manage a small business successfully.
SGM 3511. Seminar on Social Entrepreneurship
Private enterprise is a powerful tool for stimulating innovation and investment – but often neglects (externalizes) community, social and environmental costs. Public enterprise is useful in allocating public resources and serving the disenfranchised – but often at the cost of efficiency and creativity. Social entrepreneurship promises to combine the energy and discipline of private enterprise with the inclusiveness and far-sightedness of public enterprise to solve pressing social, environmental and economic problems. Social entrepreneurship sounds wonderful – but how does it play out in reality? And what does it take to manage multiple bottom lines effectively? This social enterprise class will explore management models and skills that attempt to blend economic and social priorities – that address and try to balance the triple bottom lines of profit, people and place. More broadly, this class examines the ways in which entrepreneurship is embedded in – and affects – larger social, cultural and economic relationships.
SGM 3521. Financing New Enterprises
This course provides students who would like to start their own business or work for a small organization an understanding of how these types of organizations are financed. Topics covered include valuation, risk management and planning, investments and funding sources, as well as some basic understanding of VC funding, managing and funding growth, and liquidity.
SGM 3685. Internship in Entrepreneurship
Being innovative or starting an entrepreneurial venture requires the knowledge and networks often best assembled by working in the industry or technical field you are interested in. Whether you plan to start your own company or hope to work in an existing innovative business, work experience is one of the first steps to being successful in your career. This course consists of an internship with a startup business, high-growth business, or family business (100 hours in total). Students are encouraged to select a business in the industry or technological field they are most interested in for their new venture or future employment. When considering companies for internships, broaden your perspectives—sometimes you can learn the most from internships at different levels of the value chain in the industry you are interested in. This course offers a wonderful chance to learn from mentors within companies while being coached by Temple’s experienced faculty.
SGM 4596. Senior Entrepreneurship Seminar
The main objective of this course is to provide students with an understanding of the problems and challenges facing an entrepreneur in the process of creating a business plan and seeking investors. Students are required to write a business plan and formally present their business plan. To facilitate the writing of the business plan, the plan will be discussed and completed in sections. Multiple iterations of the business plan will be submitted for feedback and refinement.