Innovative Project Solutions Tournament ‘Business LAB’ outputs:
1.The methodology for business idea generation, selection and evaluation through training and consulting has been developed.
The methodology serves as the guidelines for the intermediaries to increase the efficiencies of the business idea generation by providing the succinct description of the methods for a structured approach to entrepreneurial education, including the programme for the business idea competition, referred here as the IPS tournament. It aims to provide the better and a clear and structured understanding of the overall process of entrepreneurial opportunity discovery, outlining the essential aspects that each aspiring entrepreneur should be aware of, starting from the idea generation till launching the start-up, resulting in a unique economic activity in the region to be pursued by the entrepreneur through a physical or legal business entity.
2. The training and consultancy programme has been developed.
Тhe programme includes the tools for a quick assessment of a business idea to be used by the founders, the funders and the intermediaries alike during the brainstorming or any other type of business idea generation sessions and provide the practical examples that help to learn how to apply specific methods and tools with maximum benefit.
