iRubric: Entrepreneurship I rubric

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Entrepreneurship I

This course provides the foundational knowledge necessary to develop and enhance participants' entrepreneurial skills. Through the content exploration and the experiential component of the course, they will discover and apply entrepreneurial thinking skills as a strategy to innovate and transform an idea into a business possibility.

Rubric Code: BXA9X32

By dogara

Ready to use

Public Rubric

Subject: Business

Type: ePortfolio

Grade Levels: 9-12, Undergraduate

Entrepreneurship
	Proficient Demonstrate mastery of skills and execute completely all activities 3 pts	Developing Demonstrate basic understanding of skills and execute completely most activities 2 pts	Beginning Does not demonstrate mastery of skills and does not complete assigned activities 1 pts
Entrepreneurial Thinking Participant comprehend what it means to think entrepreneurially by demonstrating key skills: problem recognition, opportunity and assets awareness, risk-taking openness, obstacle management, solution creation.	Proficient Participant can explain and apply entrepreneurial thinking skills for positing an idea and/or approach to satisfy an identified need and/or to solve a problem	Developing Participant can explain how entrepreneurial thinking skills could be used for positing an idea and/or approach to satisfy an identified need and/or to solve a problem	Beginning Participant cannot explain how entrepreneurial thinking skills could be used for positing an idea and/or approach to satisfied an identified need and/or to solve a problem
Idea transformation Participant understands the fundamental approach to transform an idea into a business possibility by generating ideas, planning a feasible business model and plan for implementation	Proficient Participant generates outcome-driven ideas and devise beta business models for implementation	Developing Participant understands how to generate ideas and how to explain potential business models for implementation	Beginning Participant does not understand how to generate ideas and how to explain potential business models for implementation
Collaboration Participant identifies successful entrepreneurs in a local community and develop a collaborative support system to include at least two local agencies, entrepreneur mentors, and business advisers.	Proficient Participant has developed a local entrepreneurial support system that includes at least two local agencies, entrepreneur mentors, and business advisers.	Developing Participant has developed a local entrepreneurial support system that includes at least one local agencies, entrepreneur mentors, and business advisers.	Beginning Participant has not developed a local entrepreneurial support system that includes at least one local agencies, entrepreneur mentors, and business advisers.
Strategy Participant explain the key benefits of entrepreneurship as a local economic development strategy.	Proficient Participant explains the key benefits of entrepreneurship as a local economic development strategy and can position his/her business idea in the local market landscape.	Developing Participant can explain the key benefits of entrepreneurship as a local economic development strategy and but struggle to position his/her business idea in the local market landscape.	Beginning Participant cannot explain the key benefits of entrepreneurship as a local economic development strategy and struggle to position his/her business idea in the local market landscape.
Entrepreneurial approach Participant recognizes community economic issues that can be addressed through an entrepreneurial approach	Proficient Participant utilize entrepreneurial thinking skills to present business ideas addressing local community economic issues through an entrepreneurial approach	Developing Participant explain how an entrepreneurial approach could help with community economic issues	Beginning Participant cannot explain how an entrepreneurial approach could help with community economic issues
Framework and elements Participant creates the basic framework (value proposition, customer segment and relationships, channels) and elements (key partners, activities, and resources, cost structure, revenue streams) to test his/her preferred idea in the market place.	Proficient Participant creates the basic framework and elements to test his/her preferred idea in the market place	Developing Participant creates the basic framework and identify elements to test his/her preferred idea in the market place	Beginning Participant has not created the basic framework nor elements to test his/her preferred idea in the market place

Keywords:

opportunity recognition, outcome-driven innovation, marketing, strategic planning and action

Subjects:

Business

Types:

ePortfolio

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