MPU – New Venture Creation
Subject Format
Category Dateline Assessment Breakdown
Group Work (70%)
1) Proposal Presentation 10%
2) Pitch Presentation 30 Nov 2025 20%
3) Prototype 20%
4) Discovery Canvas 20%
Test (30%)
1) Test 1 15%
2) Test 2 19 Dec 2025 15%
Task 1: Proposal Presentation – 10% (Group)
For the recorded proposal presentation, each group is required to present a clear and well-
defined description of the project.
PRESENTATION FORMAT
a) Maximum 15 slides, including a cover slide
b) Each team is given a maximum of 10 minutes to present.
c) A minimum of TWO (2) presenters is required. Presenter must wear formal attire.
SUBMISSION GUIDELINES FOR VIDEO PRESENTATIONS
Ensure the video quality is clear, with good audio and visuals.
Keep the video within the allotted time frame specified.
Submit the video through the LMS.
CONTENT IN PROPOSAL SLIDE
I. What is the Problem?
II. Why is it a problem?
III. Target users and their pain point(s)
IV. What are/is the current solution(s)?
V. What are the gaps?
VI. Shortcomings of the current solutions
VII. What are the possible solutions? (minimum 3)
VIII. Which of the possible solution is the most practical & realistic and why?
IX. What are the available funding opportunities?
Task 2: Pitch Presentation – 20% (Group)
PURPOSE
As part of your assessment for the New Venture Creation subject, you are required to form
groups and develop a prototype, followed by a pitch presentation promoting your prototype.
This project will assess your ability to create, present, and promote a new venture effectively.
CONTENT IN PITCH PRESENTATION
There is no strict guideline for the content or format of your pitch presentation. You are free
to use slides, videos, infographics, or any other medium that effectively communicates your
prototype. However, ensure your presentation is clear, concise, and professionally delivered,
and cover following key areas:
1. Introduction
State the problem your venture aims to solve and validate it with secondary and
primary research.
2. Summary of Empathy Map
3. Solution (Prototype)
4. Market Potential/Strategies
5. Key Partners & Key Resources (if any)
6. Price: Validate It
7. Value Proposition
Clearly state what makes your product/service unique and how it provides value
to your target customers.
8. Wrap Up
SUBMISSION GUIDELINES FOR VIDEO PRESENTATIONS
Ensure the video quality is clear, with good audio and visuals.
Keep the video within the allotted time frame.
Submit the video through the LMS.
Task 3: Prototype – 20% (Group)
Submit a detailed description of your prototype, including images or video
demonstrations (if applicable).
The description should include how the prototype works and its key features.
Submit your prototype description and any additional files via LMS.
Prototype Evaluation Rubric
Scale
TOTAL
Criteria
Excellent Good Average Week MARKS
(4) (3) (2) (1)
Prototype Minor issues that
performs all do not Moderate issues Prototype does
Functiona
intended significantly affecting not function as
lity
functions impact functionality. intended.
flawlessly functionality.
Highly innovative Lack of
Innovative with Somewhat
Innovatio and introduces innovation;
some unique innovative but
n new concepts or derivative or
elements lacks uniqueness.
approaches. unoriginal.
Difficult to use,
Extremely user- Easy to use with User interface is
requiring
Usability friendly and minor usability confusing or non-
significant
intuitive. issues. functional.
improvement.
Prototype is Well-constructed Adequate but Prototype is
Quality of exceptionally with minor could benefit poorly
Execution well-built and imperfections. from refinement constructed or
polished. unfinished.
Prototype fully Partially meets
Alignment Mostly aligns Does not address
meets all objectives;
with with objectives; objectives
specified goals significant
Objectives minor deviations effectively.
and requirements. deviations
TOTAL MARKS (20%)
Task 4: Discovery Canvas – 20% (Group)
Prepare a discovery canvas using the provided template.
Discovery canvas must be submitted as a PDF file via the LMS.
Only one submission per group is allowed.
Use clear and concise language throughout the canvas.
Support your statements with data and examples where possible.
Ensure each section is thorough but focused, aiming to provide a comprehensive
understanding of the venture's context and potential.
Total pages: Minimum 2 pages
DISCOVERY CANVAS SAMPLE
Part 1: Secondary Research
Part 2: Primary Research
ATTENTION!
The red-coloured sentences are meant as guidelines for the write-up, and should be
removed in the completed form.
Task 5: Test – 30% (Online via LMS)
Duration : 45 minutes
Attempt : 1 attempt
Format : Multiple-Choice-Questions (MCQ)
Mark : 30 marks
Weightage : 15% each test
Test Rules - Log into LMS
- Click the group/subject.
- Click "Assignment" on the left menu.
- Click "Test 1 / Test 2" accordingly.
- Click "Take quiz" to start.
:
- You can see the timer on the right of the screen.
- You are allowed to review your answer.
- You are allowed to move back and forth to the questions.
- Click "Finish" once you are done.
- It will be automatically submitted when the time's up.
Topic : Test 1
Chapter 1: Introduction of New Venture Creation
Chapter 2: Approaches in Identifying New Opportunities
Chapter 3: The Discover Phase
Chapter 4: The Define Phase
Test 2
Chapter 5: The Develop Phase
Chapter 6: The Delivery Phase
Chapter 7: Prototype
Chapter 8: The Iterate Phase
