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01 Sep. 10

10 YEARS TALOS

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01 Sep. 10

Human Resource Development Authority Cyprus

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FASTER

FASTER


FASTER Leonardo Da Vinci Contact: 2008-1-PL1-LEO05-02076

Duration: 03/11/08 – 31/10/10

FASTER project addresses the general objective of improving the quality and innovativeness in vocational education, because it aims at introducing a training programme for a target group not properly addressed by the vocational education offer in the transferee countries (Cyprus, Poland, Hungary, Czech Republic): ambitious entrepreneurs. For further information you can visit the webpage of the project: http://www.fasterentrepreneurs.eu

FASTER- final regional outline for Cyprus

Τhe final structure of the Faster training course outline has been approved. The initial ISTUD Entrepreneurship Programme, currently running in Italy, has been modified in order to satisfy local needs, which have been studied in detail, within the framework of the FASTER project.

Α chosen module will be piloted by the end of August 2010. Each module lasts 6 hours per week, through which, apart from traditional lesson delivery, participants will be able to listen to lectures of successful examples of entrepreneurship, best practices, visits at enterprises etc.

For participation in the pilot or for further details, you may contact RTD TALOS at:

Tel: 22454333
Fax: 22660009

E-mail: id@talos-rtd.com

Target group

MBA students

Young researchers and PhD Students

Objectives of the course
The course aims at company creation, therefore it will support trainees in:
 
  • Raising awareness and provide a first operative entrepreneurial training (technique and networking, ability to create etc.)
  • Conceiving and developing a business plan and acquiring tools and techniques required for its implementation
  • Developing the ability in finding and selecting the suitable financing sources- debt or equity
  • Effectively presenting this idea to potential investors
  • Developing multi-level knowledge in terms of main managing techniques of the several functional areas of the enterprise having understood the close interrelationship among them
  • Developing the capability to constantly interact with all the actors involved- competitors, institutions, job market, in order to create relationship adding value to the business
Main contents

PART Ia- Entrepreneurial profiles and relevant aspects of Small Businesses  

Week 1

  • SMEs peculiarities and organizational models
  • The role of the entrepreneur- form the business idea to work organization
  • Networking and network strategies at the local level
  • Evolution in a global environment- networking globally

PART Ib- Innovation and R&D

Week 2

  • Knowledge intensive enterprise’s creation and management
  • Valorization and exploitation of R&D results
  • Innovation
  • Intellectual Property

Part II- Business Planning

Week 3 & 4

  • Definition of the business idea
  • Business plan as a tool for managing and monitoring company’s performance

PART III- Economics and Finance

Week 5 and 6

  • Basics of finance and accountancy
  • How to finance your business: Raising capital informal investment modality (venture capital and private equity)
  • The economic component of the business plan- financial planning and financial monitoring
  • Costs and Investments evaluation

Part IV- Basics of Strategy and Marketing

Week 7 & 8

  • Basic concept of strategy, decision making, simulation of the start up of a new enterprise
  • Marketing management process for SMEs, planning, market analysis and sale forecast, elaborating the marketing plan
  • Concepts of successful market entry
  • Competition- mainly national

PART V- Leadership, human resource management and ‘soft skills’

Week 9 & 10

  • Leadership and team building
  • Human resource management, from recruiting to selection and evaluation
  • Communication and negotiation

Part VI- Project Management

Week 11

  • Production Management
  • Project Management

Part VII- Operations and supply chain

Week 12

  • Basic of operations
  • Purchasing management
  • Supply chain management
Duration/articulation

12 weeks

The class-based activities will be held as follow:

1 session per 2 hours per week

1 session per 4 hours per week

for a total of 72 hours

Classes will be delivered on fixed routines, to be decided by the participants and trainer. Sessions which involve guest speakers or external visits can be arranged in accordance with speaker/participants’ schedule.             

Teaching methods

Mix of classroom lecturers, case studies, project works, role playing,   testimonials (e.g. succesfull entrepreneurs) and personal mentoring.

Contacts

Irene Demetriou

Project Manager

RTD Talos

id@talos-rtd.com

Τel. +357 22454333

Fax +357 22660009


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