Students will review the first three entrepreneurial phases, Discovery Phase, Concept Development Phase, and Resourcing Phase.
Independent Exercise:
@ Resourcing Phase Review PowerPoint
Total of 9 slides- large clip art on each slide
1. Resourcing is the stage in which the entrepreneur identifies and acquires the financial, human, and capital resources needed for the venture startup, etc.
2. Capital resources are equipment and land.
3. Identify potential investors.
4. Apply for loans, grants and financial assistance.
5. Seeks and hires employees.
6. Identifies strategies to protect intellectual property.
7. You apply for a patent to protect an invention.
8.You apply for a trademark to protect a name or logo.
9.You apply for a copyright to protect original art work.
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