S B I C O A C H I N G M O D U L E S The Small Business Incubator program at Fremd High School offers students an authentic entrepreneurship experience. In this program, students have the opportunity to create and fully develop their own product or service. Real entrepreneurs and business experts serve as volunteer coaches and mentors guiding students through the Lean Startup methods of developing a business model concept, testing the concept, and refining their business model. Over the course of two semesters, students work in teams and learn by doing. They develop a business model canvas, gain market input on a minimum viable product, and iterate all elements to improve their business model. Students will be part of a learning partnership comprised of volunteer coaches, mentors, and the classroom teacher. Coaches provide authentic business expertise in a specific area. They come into the classroom for a 50 minute class period (2-4 times) to provide all students with a real-world context for a specific curricular area. The coach and classroom teacher plan and present together. 1. Ideation 2. Customer Discovery 3. Customer Connections 4. Dollars and Cents 5. Building an MVP 6. Validation/ Experiment 7. Promotion 8. Operations/ Pitches Mentors are assigned to one team and follow them through the entire business model development process, providing students with feedback and encouragement. Mentors are interacting with their team on a weekly basis during class time. Interaction should be in person to start with, but as the year progresses, can be accomplished either electronically, via conference Chad Jonas is the certified classroom teacher that will manage and instruct the class, working with volunteer coaches and mentors to generate a real business experience. Student teams pitch their ideas to an advisory board at mid-year in a MVP (Minimum Viable Product) presentation for real funding. This program culminates with a “Pitch” to an investment panel for real funding to potentially turn their business model concept into reality. Summer training sessions will be offered for volunteer coaches and mentors. As for the curriculum, there are eight units that span the entrepreneurship process, from Ideation to Finance to Execution. Modules and lesson plans are completely laid out, but there is also flexibility in teaching the points of a lesson. These modifications will be worked on when the coaches have their planning session with the teacher. August—January January—June Semester 1 Semester 2 Ideation Group Ideation Value Proposition Building an MVP Customer Discovery Web/App Development Validation/Experimentation Business Regulation Customer Segmentation Technology Planning Market Sizing Legal Customer Connections Promotion Positioning Growth Engine Internet Marketing Marketing Planning Sales Planning Dollars and Cents Pricing Financial Modeling Operations/Pitches Staffing/Operations Insurance Finances Funding Requests For More Information, Fremd SBI Instructor Fremd Career Advisor/SBI Liaison Please Contact: Chad Jonas Jan Brottman 224-653-2221 847-755-2657 [email protected] [email protected] Fremd SBI Community Champion @D211SBI Geoff Yunker www.D211SBI.org William Fremd High School 1000 S. Quentin Road Palatine, IL 60067 RETHINKING BUSINESS EDUCATION AUTHENTIC RELEVANT COLLABORATIVE
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