Entrepreneurship Level 3

This course will help you to develop an understanding of entrepreneurship and intrapreneurship processes within the manufacturing and engineering industry. You will be able to improve your commercial skills for developing new products and identifying a route to market. You will apply your knowledge and skills to a live case study, undertaking the process from ideation to pitching for investment.

The course will address the broader themes of entrepreneurship, such as market research, company structures, product costing, and intellectual property. The course will also focus on relevant economic and societal challenges such as the transition to a greener economy and will provide an overview of industry 4.0 and its implications for the industry and the workforce. Participants will develop transferable skills including creative problem solving, communication, teamwork, and resilience. Units include:

  • Ideation and design
  • Voice of customer
  • Specifications and feature lists
  • Finding a route to market
  • Employment Law 101
  • Business structures
  • Product costing
  • Pitching

Assessments are based around class discussions and will contribute to the core example projects completed throughout the course.  Participants will have the opportunity to produce a business canvas as part of the pitching process that will be submitted as part of the overall assessment.

  • C – In-class contribution 50%
  • B – Business canvas 20%
  • P – Enterprise pitch 20%
  • R – Personal reflective account 10%

Successful completion could lead to the Intrapreneurship Level 4 qualification.

Successful completion could lead to the Intrapreneurship Level 4 qualification.

*Fully funded via PLA, subject to eligibility

This course is being supported by PLA funding and is fully funded if you meet the following criteria;

  • You are over 19 years of age
  • You live in Wales
  • You earn no more than £29,534 gross
  • You are not actively doing any other training supported by PLA (individuals can only embark on one PLA funded course at a time)
  • You are not currently completing a Higher Education or apprenticeship programme

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