Develop Entrepreneurial Skills with SimVenture Validate

An interactive online platform for enterprise education.

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Build Entrepreneurial Skills by considering how your business contributes to the United Nations' Sustainable Development Goals

SimVenture Validate supports people to develop a wide range of entrepreneurial skills.

This innovative software solution helps people ideate, map, test, and share their entrepreneurial ideas.

The engaging startup ideas platform also includes an extremely popular interactive Business Model Canvas. This feature guides users to think through the feasibility, viability and desirability of their business ideas.

Building on the original nine blocks of the business model canvas, you will discover an additional tenth block. This addition allows users to consider the environmental and social sustainability of their project or business.

SimVenture Validate Learning

Workplace

Wherever you work, use Validate to evaluate and analyse how your ideas could impact the marketplace. All these organisations benefit from the platform.

  • The self-employed & sole traders
  • Small businesses
  • The private sector – businesses driven by profit
  • Public sector organisations who provide goods and services for the benefit of the community
  • Third sector organisations owned and run voluntarily by trustees
  • Social Enterprise
  • Creative Industries
Two young Asian woman stand holding a tablet using SimVenture Validate by a window in their office.
Absorbed diverse students looking at laptop and study together at college library
Education

Wherever you teach, use SimVenture Validate to help students develop, analyse and evaluate their own ideas. Students benefit by developing a range of important entrepreneurial and key employability skills, including:

  • Idea Generation
  • Communication
  • Teamwork
  • Problem solving
  • Analytical skills
  • Research and investigation
  • Business strategy
  • Analysis and reporting
  • Presenting

By considering real-world problems and solutions, users are guided to ideate project or business ideas.

Once users have developed an idea they would like to pursue, the platform guides them to create a Business Model Canvas. The canvas covers the who, what, why, and how of the project or business.

Upon completion of the business model canvas, users are challenged to identify and test the assumptions they have made.

This then leads to a final customisable startup portfolio that can be shared via a URL link or PDF file.

SimVenture Validate learning opportunities abound.

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Business Model Canvas

The SimVenture Validate Canvas aligns the key business activities and customer relationships to the value proposition.

  • How the business creates value for customers (the value proposition)
  • The various customer segments and the customer relationships that the business intends to build with these segments
  • The key activities that need to be undertaken to start up, operate and grow the business
  • The network of key partnerships required to reduce risk and acquire the right resources for the business
  • The financial and physical resources required
  • The distribution channels that will be used to deliver the products/services to customers
  • The ways in which the business intends to generate revenue – income from the sales of its products/services
  • The total costs to be incurred through the creating and operating of the business model (cost structure)
  • How the business addresses environmental and social sustainability.

Building Entrepreneurial Skills in the Workplace

By using all four areas of SimVenture Validate, users also have opportunity to develop essential workplace skills including:

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  • Problem solving – thinking through how all the key business activities fit together
  • Financial awareness including how to generate revenue and cost structures of the business
  • Social & environmental awareness
  • Setting goals and priorities for the canvas
  • Communication with key partners and potential customers both verbal and written
  • Research skills through testing assumptions across the whole canvas
  • Analysis of ideas and data collected to make informed decisions
  • Decision making – which ideas will be progressed, and which will not
  • Creativity and innovation by thinking through potential new ideas which could be brought to market
Business people sitting around a table and chatting about using SimVenture Validate to build entrepreneurial skills in their workplace.
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“SimVenture Validate is extremely easy to use and is an excellent teaching tool for students new to the Business Model Canvas.“

​Rob Wilson, Open University

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