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Startup Camp2022.05.25

Hankyong National University HK 3S (Start & Skill & Scale) UP&GO Startup Camp

A program that uses customized startup education to help participants discover startup ideas and refine their commercialization strategies.

OVERVIEW

About the event

This program builds startup capabilities and an entrepreneurial mindset through an understanding of the startup process,

raising awareness of entrepreneurship and sparking participants' interest in starting a business.

Getting Started with Creative Destruction

  • Learn about Schumpeter's concept of creative destruction and build an approach grounded in industry understanding
  • Develop and organize each team's startup idea through hands-on blended learning exercises

Four-Operations Ideation Method

  • Apply the "four arithmetic operations" ideation technique to ideas derived from an understanding of industry classifications
  • Break down and combine ideas to shape competitive, creative startup items

Applying Differentiation

  • Explore differentiation techniques that target niches in each industry
  • Analyze at least three comparable companies and use the findings to identify unique strengths for market entry

Naming and Logo Design

  • Derive a fitting name for each idea through trademark keyword searches
  • Use the blended learning program to select style, colors and fonts, then sketch and finalize a logo

Defining Target Customers

  • Learn through lectures how to distinguish target types and refine positioning
  • Define which target audience each startup idea will serve

Building a Revenue Model

  • Review guidance on building a business revenue model and practice it hands-on
  • Map out the revenue model using the TAM·SAM·SOM framework

Promotion and Marketing

  • Learn types of promotion and marketing and their methodologies
  • Estimate marketing spend for the overall business and calculate quarterly marketing budgets

Investment Proposal

  • Research related and comparable industries, analyze the findings and complete a hands-on investment proposal
  • Identify each company's differentiators, learn market entry strategies and reflect them in the business plan

Final Deliverables

  • Review the final business plan developed step by step
  • Build the final presentation deck and rehearse in preparation for an IR pitching simulation

Live IR Pitching Simulation

  • Each team presents its final results in a 5-minute pitch

GALLERY

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