Entrepreneurship and Innovation ( Y/616/2729 ) Assignment Brief 2026

Entrepreneurship and Innovation Assignment Brief

Unit Aims

The aim of this unit aim is to introduce learners to the basics of business processes and strategies related to enterprise and entrepreneurship, developing knowledge of enterprise and entrepreneurship in global contexts.

Learning Outcomes and Assessment Criteria

Guidance

There is no scenario for this assignment, you are yourself and need to show entrepreneurship skills.

Task 1 – Business Idea Pitch and Report (AC 1.2 and 1.3)

Instructions:

You are to propose three business ideas for this assignment which could then be explored further in a presentation and report to your class or tutor.

1. Review what make a successful commercial or social  entrepreneur  and evaluate  your  own skills and attributes in that area.
2. Propose the three business ideas and assess the challenges that goes with each of them.

Delivery and Submission:

• 1x Presentation file with speaker notes (500 words)
• 1x Report (500 words) excluding TOC, diagrams, references and appendices

Task 2 Business plan (AC 3.1, 3.2, 3.3, 4.1, 4.2 and 4.3)

Instructions:

Analyse the three business ideas and select the one that is most likely to succeed and create a business plan (including marketing and financing).

You should produce a business plan in which you should:

• Summarise and analyse the selected business idea.
• Analyse the production and marketing feasibility for the selected idea.
• Produce business planning forecast using financial techniques.
• Produce a marketing plan.
• Develop a control and monitoring mechanism for the business plan.

Delivery and Submission

• 1x Business Plan (3000 words) excluding TOC, diagrams, references and appendices

Task 3 – Reflections (AC 1.1, 2.1, 2.2 and 2.3)

Instructions:

You should  now  reflect  on  entrepreneurship  based  on  this  experience  and  using  the  appropriate literature.

Your reflections should:

• Critically analyse the nature,  characteristic  and  challenges  of  establishing  different  kind  of enterprise   and   how   you   individually  as   a   future  manager   could   encourage  creativity, innovation and changes.
• With reference to  one  or  more  organisations,  identify  potential  creative  and  innovative management ideas that could contribute to encourage creativity in the organisation.

Delivery and Submission

• 1x Reflections MS Word document (500 words) excluding TOC, diagrams, references and appendices

Referencing:

• Each section must reflect any supporting Harvard style citations.
• A comprehensive Harvard style reference list must be included at the end of the work.

Evidence to be submitted:

• Presentation file with speaker notes – 500 words
• Report – 500 words
• Business Plan – 3000 words
• Reflective Essay – 500 words

Answer

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