TEEN INNOVATION AND ENTREPRENEURSHIP SUMMER INSTITUTE
Entrepreneurship Summer Camp
Teen Innovation and Entrepreneurship Summer (TIES) Institute is a week-long program hosted on campus at UCLA Anderson School of Management that teaches the principles and practices of entrepreneurship by entrepreneurs to teens age 14-18. This hands on approach to taking ones idea from ideation to market, and includes creating a budget, doing target market research, working in teams, pitching investors, public speaking, and more. The week culminates with a business plan competition at UCLA, where student teams write and present their ideas.
No prior experience in business or entrepreneurship is required of participants. However, teens who have participated in an entrepreneurship program may continue to work on their previously developed business plans in an attempt to further explore and incubate their innovations.
Date: TBD, July 2019
Each day will run from 9:00am to 4:00pm. Lunch and snacks provided throughout the day to keep the creativity going.
Cost: $700 per week
Early Bird Discount: $550 per camper if registration and payment is received by May 1, 2019.
Space is limited!
Reserve your spot today by completing this form. You will be contacted for more information about your student, along with payment options shortly.
Overview of the agenda topics for TIES Institute.
- IDEAS, IDEATION & DESIGN THINKING: (Introduction to Ideation: Coming up with Solution-Based and Innovative Ideas)
- INDUSTRY & MARKET ANALYSIS:
- Industry analysis is an important tool for understanding the risks and opportunities that your product or service might face as it prepares to enter the marketplace. Students will learn how to identify factors that influence their industry and use data gathered through research to forecast anticipated growth. Students will also learn how to identify their competitors and target market by how they will differentiate their new product or service through SWOT analysis.
- FINANCIAL LITERACY & BUSINESS FINANCE: (The Bottom Line of Business Finance: An introduction to Business Finance)
- This session is designed to teach students how to set long and short-term personal and financial goals; create and work with both personal budget and business budgets. Students should be able to: identify how and when to use credit; save and invest; and understand the basics of banking services. The goal is to provide students with an interesting, entertaining, and challenging way to learn and apply financial decision-making skills.
- THE LEAN START-UP
- Students will learn about the globally recognized approach of the Lean Canvas which is a one-page blueprint of a business plan. Composed of 9-basic building blocks, students will learn how to document and validate a business plan without having to write a multi-page proposal.
- VISUAL STORYTELLING: (Introduction to Marketing: An Action Plan for Success)
- It’s one thing to have a great product or service, but if you don’t know how to share the value of what you’re offering, it may not sell. In this session, students will learn how to use creative commons resources to build powerful visual content inside of powerpoint, wix and imovie
- PUBLIC SPEAKING & THE ART OF PITCHING: (Nervous About Presenting? An Introduction to Public Speaking)
- The world of business moves quickly and you may have less than 60 seconds to make an impression that lasts whether through verbal, written or image-driven communication.
- THE FINAL PITCH: (The Elevator Pitch Contest)
- On the last day of camp, each participant (team) will have filmed their pitch, showcasing their prototype, defending their financial plan and showcasing their visual storytelling elements.