Basic information:

Batch no.: 7th

Type: Online Bootcamp

Number of Class: 10

Class length: 2 hours

Duration: 04 weeks

Schedule: Saturday, Sunday, Tuesday, Wednesday; 8.00 PM – 10.00 PM (Dhaka Time)

Fees: 8000 BDT (Up to 80% scholarship available)

Introduction:

BMDI Bootcamp is our flagship program which is organized twice a year. Normally, we conduct this Bootcamp in-person or in-class. So far we conducted 6 batches. Due to the pandemic, for the first time, we are going to conduct our 7th batch Bootcamp online. Download the program brochure.

Description:

A business model is not as same as a business idea or business plan. Business model exercise bridges between a business idea and a business plan. It describes the logic and strategic relationships among business components. It explains how an enterprise or business creates, delivers, and captures values. It determines the success (failure) of a business. Many great ideas fail due to not having the right business model. For example, you will find that with the same products (or services) some people failed and some succeed, it happens because they had a different business model. And today’s rapidly changing business context, it’s high time to focus on business model innovation, as Vala Afshar, evangelist at Salesforce said: “The difference between market makers and market makers is not product innovation, its business model innovation”.

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Program Objectives:

The program is focused based on two themes; firstly, turning a business idea into a business model, and secondly, applying innovation into a business model. After completing this training, participants shall be able to transform their business idea into a business model and be able to find winning strategies for their business, and able to present their business model to the investors and partners.
This training will provide the participants with;

• A deep insight into the nature of the business model.
• Ability to question and challenge the outmoded business model.
• An in-depth understanding of the business model innovation technique & process.
• Ability to invent and design a systematically new & powerful business model.
• An established network for partnering and exchanging knowledge.
• An ability to solve complex problems and
• An ability to think critically.

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Program Structure:

1. Class-1: Introduction to the BMDI – objectives, schedule, outline and general instructions.
2. Class-2: Generating ideas as the key to entrepreneurship and innovation – Methods and techniques of business idea generation, analysis of the business idea, selection of right business.
3. Class-3: Business model and business model innovation – Understanding business model, components of business model, breakthrough business model innovation.
4. Class-4: Business model design – business model design canvas, lean canvas, value chain mapping.
5. Class-5: Evaluating and improving the business model – assessment, prototyping and re-designing.
6. Class-6: Structure of business proposal (or plan)
7. Class-7: Budgeting and financial plan – fixed cost, variable cost, depreciation,
8. Class-8: Presenting the business model and plan to the audience.
9. Class – 9 & 10: Presentation of assignment.