Entrepreneurial Emerging Leaders (EEL) Program
KFUPM Entrepreneurship Institute offer several workshops on Entrepreneurship Education. It intends to develop the entrepreneurial mindset, skills and attributes to enable the students, faculty and entrepreneurs to identify the business opportunities. The Entrepreneurial Emerging Leaders (EEL) Program is offered every semester in Boot Camp style. The EEL Program will have 9 modules (Act-Build-Learn, Create Entrepreneurs, Innovation Driven Entrepreneurship, Business Structure, Entrepreneurial Marketing, Entrepreneurial Accounting, Entrepreneurial Finance, Business Plan, and Entrepreneurial Leadership Workshop.
Module#1 Act Build and Learn (ABL)
ABL course aims to enhance student’s design-thinking abilities that helps them produce innovative prototypes for their ideas, taking into consideration the importance of the customer needs and other business aspects.
Module#2 Create Entrepreneurs (CreateE)
This course provides a real world hands-on learning experience by giving the students an opportunity to develop business models based on their own ideas. This fully-immersive course is offered in a flipped classroom way as an experiential learning activity that requires building business teams with members from many disciplines of engineering, sciences and business. Students must end the course by developing their business models based on true customers' feedback. CreateE is offered every semester and is open to all KFUPM students. All the participants are awarded certificates on successful completion of the course.
Module#3 Innovation Driven Entrepreneurship (IDE)
This course aims to educate students about innovation driven entrepreneurship. Enrolled students learn about innovation and entrepreneurship and how they can be applied to their ideas. This course will also help them identifying innovative high-potential commercial opportunities and how to innovate their own business models and processes.
Module#4 Business Structure
This module will focus on the different types of business structure for entrepreneurs to learn about startups. The participant will learn about company structure, basic business structure, policy for equity, founding team members, equity & stakeholders, ownership stakes and direction for funding.
Module#5 Entrepreneurial Marketing
The objective of this course to have an understanding of the concepts of entrepreneurial marketing and the marketing system. To have a hands-on understanding of marketing process in entrepreneurship. Possess an understanding of customers, how to build the brand and use marketing tools effectively.
Module#6 Entrepreneurial Accounting
To understand the fundamentals of accounting in the entrepreneurial process. This course will enable students to prepare key financial statements: cash flow statement, income statement, and balance sheet.
Module#7 Entrepreneurial Finance
To understand the fundamentals of Finance in the entrepreneurial process. This course will cover to know about funding and its importance, types of funding for startups, types of companies, preparing financial projections and Initial company valuation.
Module#8 Business Plan Workshop
This workshop seeks encouraging entrepreneurially oriented students to develop and grow new ventures by learning how to write successful business plans with able guidance from the mentors and alumni. The business plans must focus on: a) the startups financial plan, b) the operational plan of the startup and c) the type of existing strategy the startup founders may want to follow/consider.
Module#9 Entrepreneurial Leadership Workshop
Entrepreneurial leadership is emerging as a new leadership model for startups and corporates but why? Who are entrepreneurial leaders? How to develop entrepreneurial leaders? All of these questions and more will be addressed in a half a day workshop.