Inspiring Creative Entrepreneurship
About This Course
This course will prove invaluable for those who wish to embark into the F&B industry as an entrepreneurship. It provides a “roadmap” to navigate in the most efficient manner to start a F&B business. Knowledge and competencies taught will range from budgeting to hiring the right talents to kickstart the business venture successfully.
What You’ll Learn
1) Evaluate business trends in the local F&B industry and recognise opportunities and gaps available.
2) Determine and capitalise on values of social, cultural, economic, and symbolic capital as well as resources available during downtime and downturn in the local F&B industry.
3) Design products and services for the local out of home dining scene with empathetic research, strong problem identification, astute ideation, and continuous feedback testing.
4) Implement a Business Model Canvas (BMC) that fosters a holistic view of a business by applying business management strategies.
5) Manage cash flow to achieve Minimum Variable Product (MVP) using the 5-step iterative Process.
6) Establish products positioning based on the customer’s pain/gain along the customer journey map.
| Course Code | TGS-2024042213 |
| Duration (in hour / minute) |
Classroom Facilitated Training – 14 hrs Assessment – 2 hrs TOTAL hrs – 16 hrs |
| Assessment Modes | Project, Written Exam, Case study, Others |
| Duration (in day; up to 8 to 9 hours per day) | Total Classroom hrs = 16 hrs |
| Funding Type | UTAP+SFC |
Nett Fee after SSG’s Course Fee Funding |
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| Type | Category of Individuals | ||
| Singapore Citizens, Singapore Permanent Residents and Long Term Visit Pass Plus (LTVP+) holders |
Employer-sponsored and self-sponsored Singapore Citizens aged 40 years old and above |
SME-sponsored local employees (i.e Singapore Citizens and Singapore Permanent Residents) |
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| Funding Source | |||
| SkillsFuture Funding (Baseline) | SkillsFuture Mid- Career Enhanced Subsidy | SkillsFuture Enhanced Training Support for SMEs | |
| Up to 50% of Course Fees | Up to 70% of Course Fees | Up to 70% of Course Fees | |
| Course Fee | $ 730.00 | $ 730.00 | $ 730.00 |
| SkillsFuture Funding | $ 365.00 | $ 511.00 | $ 511.00 |
| Nett Fee Payable (Before GST) | $ 365.00 | $ 219.00 | $ 219.00 |
| GST (9% x $730.00) | $ 65.70 | $ 65.70 | $ 65.70 |
| Final Amount Payable (Incl. of 9% GST) | $ 430.70 | $ 284.70 | $ 284.70 |
(For Local Employers) More about SFEC https://www.skillsfuture.gov.sg/sfec
* Self-sponsored individuals must be at least 21 years old.
*Terms and conditions applies to all types of SSG fundings.More details at www.tpgateway.gov.sg