Second Year Engineering Module - ENGR205 Business Development Project: The module covers a range of material in student entrepreneurship, innovation, idea information including generation, business planning, marketing, presenting and pitching, using tools such as the Business Model Canvas, and various external and industrial speakers to supplement and reinforce the taught theory.
In groups, students work on weekly tasks and feedback to the full class each week. The assessment panel (for Business Presentations) is made up of well-respected industrialists from companies, innovation training providers and a nominated representative from the Board of the Greater Manchester Local Enterprise Partnership, an international academic (in recent years: Akdeniz University, Turkey; Sydney Business School, University of Wollongong, Australia) as well as a representative of the student enterprise support function on campus.
Positive Feedback
The financial support made available from Engineers in Business Fellowship (EIBF) adds a healthy air of competition between the groups participating in the Business Development Project module, and really inspires the students to do well. With so many groups this year, and with the quality of the ideas proposed and presented being of a high quality, it made the assessment and final decisions on the award of funding a really difficult task - but actually, that's a nice problem to have. With EIBF's support, we're now keen to see the winning groups develop their ideas further, and all going well, represent Lancaster University for the first time at the Champion of Champions Grand Final.
Dr Allan Rennie, Professor, Lancaster University’s Engineering Department