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Entrepreneurship Know-How
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What?


 The Technoport Academy is an online training and education platform
  developed to give access to entrepreneurs to courses and media content
  specifically created following pedagogical patterns
 Purposes:
     • Keep in-house the knowledge brought by external experts and lecturers
     • Document success stories and business cases to build up a repository of
          internal generated knowledge, i.e. extract and keep useful knowledge
     • Provide current and future entrepreneurs with a recurring and accessible source
          of information presented in a pedagogical fashion
 Goal:
     • Assist entrepreneurs in acquiring business competences
     • Provide coaches at Technoport with a powerful and helpful tool to support their
          coaching activity


2 | April 2011                      Entrepreneurship Know-How Repository
Online, interactive, multimedia-based,
                            knowledge repository

• Lecturers
• Experts
                                                           Technoport Academy
                       Content
                       Acquisition                  Archive
                       And Generation
                                                                               eLearning
                                                                               Platform
                                                                                                       Internal
                                                                                                       users




• In-house knowledge
• Success stories
• Case studies                                                                         • Online        External
                                                                                       • Multimedia    users
                                            METHODOLOGY !
                                                                                       • Interactive
3 | April 2011                          Entrepreneurship Know-How Repository
Platform for training and coaching


 Training: different courses or modules created following pedagogical patterns
     • A generic training offered free to outside audience to attract new entrepreneurs
     • A specific and scalable training, structured in modules, offered to companies
          hosted at Technoport that could be easily developed and used depending on
          identified needs (individually or in groups)
 Coaching
     • The academy will try to develop a web platform to formalize and reap maximum
          business and tacit knowledge existing within the Technoport network of
          entrepreneurs (case studies, best practices, "how to" and practical guides, etc..)




4 | April 2011                      Entrepreneurship Know-How Repository
Different modules


 Each module contains one to several videos that describe a business case or
  situation that affected a company
 Modules give insights on how the situation was addressed, what was the
  impact, etc… in a way that entrepreneurs (users) can easily translate to their
  own particular situation.
 Criteria:
     •    Avoid static interviews
     •    Short videos addressing one specific issue
     •    Usage of animated graphics to illustrate certain abstract concepts
     •    Message delivered must also serve to:
             -   Promote the work of Technoport
             -   Promote the companies at Technoport



5 | April 2011                          Entrepreneurship Know-How Repository
Different modules


 Structure of the modules:                            Modules:
     • Opening Credits with Technoport                       • Module I: Market Assessment and
         Logo and message related to the                         Validation
         success story (case to be                           • Module II: Opportunity Analysis
         presented) (10-15 seconds max)
                                                             • Module III: Communications &
     • Business case description                                 Marketing strategy
     • Description of Technoport’s                           •   Module IV: Sales
         contribution in the development of
         the company                                         •   Module V: Business Model and Strategy
     • Closing Credits                                       •   Module VI: Finance & Accounting
                                                             •   Module VII: Human resources
                                                             •   Module VIII: Legal




6 | April 2011                     Entrepreneurship Know-How Repository
Pro’s & Cons

PRO’S
ECONOMIC                                    OPERATIONAL                                MARKETING
 One time upfront production costs          Provides a tool for coaches (improved     Marketable: promotional tool for
  (reusing the same content unlimited         performance)                               partners, investors, press, educators
  times)                                                                                 and entrepreneurs
                                             Expands range of services offered by
 Savings on recurring cost of                Technoport                                Increases awareness of Technoport
  workshops.                                                                             brand and its services among
                                             It is available 24/7 and from remote       potential clients
 New business models can be                  sites
  developed                                                                             Increases prestige of Technoport
                                                                                         within networks and other incubators
                                                                                         by developing innovative tools

CON’S
 Some topics are not well suited to be delivered under an eLearning format
 There is no enforcement mechanism implemented to make entrepreneurs follow the trainings
 User acceptance level can be unsatisfying. There is the risk the tool is not used
 We might be too attached to the provider. The platform and content is being developed by a unique company. There might
  arise problems if we chose to change provider (compatibility, compatibility, maintenance)
 Respect of IP rights of trainers needs to be taken in account



 7 | April 2011                                 Entrepreneurship Know-How Repository
Why ?


 Why was it established?
     • Companies leave the incubator without leaving their heritage
        - During their time at Technoport companies go through different phases and face
                 problems that remain undocumented
             -   Once companies leave the incubator there’s no way of recovering that experienced
                 gained and profit from it
     • The academy allows capturing the knowledge and making it available for further
          reutilization
             -   Time (money) invested in supporting a company can be recovered (partially) in the form
                 of knowledge extraction.
     • Entrepreneurs are more receptive to learnings that come from other entrepreneurs
        - By using entrepreneurs to build content the message delivered will be more powerful
     • eLearning provides a cost-efficient solution for some recurring trainings that can
          be easily offered that way

8 | April 2011                           Entrepreneurship Know-How Repository
Why ?


 Impact
     • Further recognition of the Technoport brand
     • Effective marketing tool to attract new tenants to the incubator
     • Can be integrated with activities carried out by partners (i.e. Microsoft use of the
          platform for their Bootcamp program aimed to help entrepreneurs kicking off their
          startups)




9 | April 2011                      Entrepreneurship Know-How Repository
Outcome


 Plans for the future?
     • Empower Technoport’s online services (website, forum, document and contact
          exchange, community site, etc)
     • Build a gathering point for entrepreneurship in Luxembourg
     • Added services to Technoport Academy (under review)




10 | April 2011                    Entrepreneurship Know-How Repository
Lessons Learned


 Collaboration from entrepreneurs to produce the material is cornerstone.
  From this point of view, entrepreneurs had little incentives to participate
  in the project and dedicate time

 Acting skills cannot be assumed. There is needed a good direction of the
  filming process to avoid a unnatural or flat speech.

 External guest speakers might not be willing to collaborate due to
  copyright issues or reluctance to have their master sessions recorded.




11 | April 2011             Entrepreneurship Know-How Repository

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FITT Toolbox: Entrepreneurship Know-how Repository

  • 1. Entrepreneurship Know-How Repository FITT – Fostering Interregional Exchange in ICT Technology Transfer – www.FITT-for-Innovation.eu Except where otherwise noted, this work is licensed under a Creative Commons Attribution 3.0 License.
  • 2. What?  The Technoport Academy is an online training and education platform developed to give access to entrepreneurs to courses and media content specifically created following pedagogical patterns  Purposes: • Keep in-house the knowledge brought by external experts and lecturers • Document success stories and business cases to build up a repository of internal generated knowledge, i.e. extract and keep useful knowledge • Provide current and future entrepreneurs with a recurring and accessible source of information presented in a pedagogical fashion  Goal: • Assist entrepreneurs in acquiring business competences • Provide coaches at Technoport with a powerful and helpful tool to support their coaching activity 2 | April 2011 Entrepreneurship Know-How Repository
  • 3. Online, interactive, multimedia-based, knowledge repository • Lecturers • Experts Technoport Academy Content Acquisition Archive And Generation eLearning Platform Internal users • In-house knowledge • Success stories • Case studies • Online External • Multimedia users METHODOLOGY ! • Interactive 3 | April 2011 Entrepreneurship Know-How Repository
  • 4. Platform for training and coaching  Training: different courses or modules created following pedagogical patterns • A generic training offered free to outside audience to attract new entrepreneurs • A specific and scalable training, structured in modules, offered to companies hosted at Technoport that could be easily developed and used depending on identified needs (individually or in groups)  Coaching • The academy will try to develop a web platform to formalize and reap maximum business and tacit knowledge existing within the Technoport network of entrepreneurs (case studies, best practices, "how to" and practical guides, etc..) 4 | April 2011 Entrepreneurship Know-How Repository
  • 5. Different modules  Each module contains one to several videos that describe a business case or situation that affected a company  Modules give insights on how the situation was addressed, what was the impact, etc… in a way that entrepreneurs (users) can easily translate to their own particular situation.  Criteria: • Avoid static interviews • Short videos addressing one specific issue • Usage of animated graphics to illustrate certain abstract concepts • Message delivered must also serve to: - Promote the work of Technoport - Promote the companies at Technoport 5 | April 2011 Entrepreneurship Know-How Repository
  • 6. Different modules  Structure of the modules:  Modules: • Opening Credits with Technoport • Module I: Market Assessment and Logo and message related to the Validation success story (case to be • Module II: Opportunity Analysis presented) (10-15 seconds max) • Module III: Communications & • Business case description Marketing strategy • Description of Technoport’s • Module IV: Sales contribution in the development of the company • Module V: Business Model and Strategy • Closing Credits • Module VI: Finance & Accounting • Module VII: Human resources • Module VIII: Legal 6 | April 2011 Entrepreneurship Know-How Repository
  • 7. Pro’s & Cons PRO’S ECONOMIC OPERATIONAL MARKETING  One time upfront production costs  Provides a tool for coaches (improved  Marketable: promotional tool for (reusing the same content unlimited performance) partners, investors, press, educators times) and entrepreneurs  Expands range of services offered by  Savings on recurring cost of Technoport  Increases awareness of Technoport workshops. brand and its services among  It is available 24/7 and from remote potential clients  New business models can be sites developed  Increases prestige of Technoport within networks and other incubators by developing innovative tools CON’S  Some topics are not well suited to be delivered under an eLearning format  There is no enforcement mechanism implemented to make entrepreneurs follow the trainings  User acceptance level can be unsatisfying. There is the risk the tool is not used  We might be too attached to the provider. The platform and content is being developed by a unique company. There might arise problems if we chose to change provider (compatibility, compatibility, maintenance)  Respect of IP rights of trainers needs to be taken in account 7 | April 2011 Entrepreneurship Know-How Repository
  • 8. Why ?  Why was it established? • Companies leave the incubator without leaving their heritage - During their time at Technoport companies go through different phases and face problems that remain undocumented - Once companies leave the incubator there’s no way of recovering that experienced gained and profit from it • The academy allows capturing the knowledge and making it available for further reutilization - Time (money) invested in supporting a company can be recovered (partially) in the form of knowledge extraction. • Entrepreneurs are more receptive to learnings that come from other entrepreneurs - By using entrepreneurs to build content the message delivered will be more powerful • eLearning provides a cost-efficient solution for some recurring trainings that can be easily offered that way 8 | April 2011 Entrepreneurship Know-How Repository
  • 9. Why ?  Impact • Further recognition of the Technoport brand • Effective marketing tool to attract new tenants to the incubator • Can be integrated with activities carried out by partners (i.e. Microsoft use of the platform for their Bootcamp program aimed to help entrepreneurs kicking off their startups) 9 | April 2011 Entrepreneurship Know-How Repository
  • 10. Outcome  Plans for the future? • Empower Technoport’s online services (website, forum, document and contact exchange, community site, etc) • Build a gathering point for entrepreneurship in Luxembourg • Added services to Technoport Academy (under review) 10 | April 2011 Entrepreneurship Know-How Repository
  • 11. Lessons Learned  Collaboration from entrepreneurs to produce the material is cornerstone. From this point of view, entrepreneurs had little incentives to participate in the project and dedicate time  Acting skills cannot be assumed. There is needed a good direction of the filming process to avoid a unnatural or flat speech.  External guest speakers might not be willing to collaborate due to copyright issues or reluctance to have their master sessions recorded. 11 | April 2011 Entrepreneurship Know-How Repository