The Venture Lab Program – Cohort 2 kicks off with an inspiring introduction to the program's vision, structure, and the dedicated team behind it. Participants are welcomed into a dynamic environment designed to foster innovation, collaboration, and entrepreneurial growth. The session sets the stage with an overview of the Quality Management System, emphasizing the standards and expectations that will guide the journey ahead. A brief round of introductions among the students helps create a strong foundation for peer learning and networking.
This training dives into the entrepreneurial process, exploring its key stages and the different approaches entrepreneurs take to turn ideas into impactful ventures. It examines how entrepreneurial opportunities can be both discovered and created, helping participants identify the best-fit approach for their unique context. Special focus is given to comparing the planned ‘causation’ approach with the more flexible ‘effectuation’ approach, highlighting the strengths, challenges, and practical applications of each. This session sets a thoughtful and energetic tone for the rest of the program, equipping entrepreneurs with critical insights to begin their startup journey.