The Training ,,Business Model Development``
The training within activity Act3.5.4 Module 4 “Business Model Development” was organized by the Business Incubator team, particularly by Đorđe Ćelić. on 17th November 2015. The training activities belong to Module 4:
1. What is a Business model?
2. Customers and Value proposition
3. Channels, Customer relationships and Revenue Streams
4. Key resources, Key Activities, Key partners, Cost structure
Trainees from Business Incubator Novi Sad had an opportunity to learn more about development of business models. After the introductory motivational part about developing an idea into business opportunity, the trainees learned more about the Canvas method, and some practical steps in its. Moreover, participants of the training were developing their ideas into a business plan using the Canvas method. The aim of the training was to bring their ideas to the quality and successful business plan from several iterations by using all segments of Canvas methods.
Second part of the training Customers and Value proposition included several topics such as validation of business models, mapping of customer profiles and target groups, interviewing the customers, MVP, etc. At the end of the training, the trainees adapted their business models (CANVAS) using new inputs and guidelines they obtained during this training.
Third part of the training explained in details Channels, Customer relationships and Revenue Stream, while Key resources, Key Activities, Key partners, Cost structure were explained in the last part of the training.