Advanced Certificate in Entrepreneurship - Scale-Up Module 1: Lean Approach to Entrepreneurship
- Innovation & Business Improvement
- Leadership & Management
This module is conducted in-person.
2 Full Days (Weekdays)
Who Should Attend
• Entrepreneurs and startup founders who want to adopt a lean approach to business development
• Business owners refining their product development process
• Product managers and developers learning about the MVP concept and practical application
PREREQUISITES
There are no prerequisites for this programme. Prior knowledge on any of the topics is not required.
Overview
The lean approach to entrepreneurship is a methodology that encourages entrepreneurs to experiment with less-than-perfect products and use validated learning to improve rapidly. This approach helps company builders choose viable opportunities, stay focused, and align the entire organisation. With the hands-on workshop on using lean methodologies, this module is designed to enable founders and business owners to create a financially stable business and addresses the misconception that a good idea alone ensures success, emphasising the importance of execution and alignment with market needs. By the end of the module, participants will learn how to identify business opportunities that match their unique vision and capabilities, and how to determine what constitutes a minimum viable product (MVP), to streamline the path to market entry while ensuring the core business idea is both feasible and sustainable.
Learning Objectives
At the end of the 2-day module, participants will be able to:
• Gain insights into the principles of financial stability within a lean business framework
• Understand why the inherent quality of a business idea does not guarantee success, and what factors do
• Learn to identify and evaluate opportunities that are compatible with their strengths and business objectives
• Discover the process of defining and creating a minimum viable product to test and validate business concepts with minimal resources
Assessment
As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises.
Participants are required to attain a minimum of 75% attendance and pass the associated assessment in order to receive a digital Certificate of Completion issued by Singapore Management University.
Calculate Programme Fee
Fee Table
| EMPLOYER-SPONSORED | |||
|
PARTICIPANT PROFILE |
SELF-SPONSORED |
SME |
NON-SME |
|
Singapore Citizen < 40 years old Permanent Resident LTVP+
|
$654 (After SSG Funding 70%) |
$254 (After SSG Funding 70% |
$654 (After SSG Funding 70%) |
|
Singapore Citizen ≥ 40 years old |
$254 (After SSG Funding 70% |
$254 (After SSG Funding 70% |
$254 (After SSG Funding 70% |
|
International Participant |
$2,180 (No Funding) |
$2,180 (No Funding) |
$2,180 (No Funding) |
All prices include 9% GST
Please note that the programme fees are subject to change without prior notice.
Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.
Self Sponsored
SkillsFuture Credit
Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.
This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.
Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).Workfare Skills Support Scheme
From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.
Employer Sponsored
Enhanced Training Support for SMEs (ETSS)
- Organisation must be registered or incorporated in Singapore
- Employment size of not more than 200 or with annual sales turnover of not more than $100 million
- Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
- Trainees must be Singapore Citizens or Singapore Permanent Residents
- Trainees must not be a full-time national serviceman
- Trainees are eligible for ETSS funding only if their company's SME status is approved prior to the course commencement date. To verify your SME's status, please click here.
Please click here for more information on ETSS.
Absentee Payroll
Employers who sponsor their employees for the course may apply for Absentee Payroll here. For more information, please refer to:
AP Guide (Non-SME Companies)
Declaration Guide (SME Companies)
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