Page 12 - 22.03.2021_IO1-CURRICULUM-FOR-VET-PROVIDERS_FINAL_plus-graphics
P. 12

organising the “to do lists” of our lives, buying online things that we do not find it
               in the traditional commerce,  or just because we choose to spend exercising and
               staying  healthy  with  an  app  synchronising  with  another  that  states  our  health
               condition.


               The  majority  of  these  solutions  are  created  in  an  experimental  environment,
               testing, improving and tuning what has relevance for users/clients. These creative
               ecosystems  are  start-up  companies  taking  risks  and  growing  along  with  the
               developments made, where the aim is, indeed, to grow into a higher scale and turn
               into a scale-up company.


               The  two  distinct  phases  of  company  growth,  start-up  and  scale-up,  have
               differences that are clear and complement the description of each one. The most
               obvious difference between a digital start-up and digital scale-up is product-market
               fit:  scale-ups  have  perfected  it,  while  are  still  experimenting  with  things  like
               customer  segmentation,  customer  acquisition  costs,  and  product  features.  Scale-
               ups on the other hand, have already validated their assumptions by proving their
               units are economically sustainable.


               In this context, the purpose of this module is to strengthen the quality of start-
               uppers  and  entrepreneurs  and  enhance  their  professional  development  through
               improving  digital  entrepreneurship  competences  by  a  clear  idea  about  what  are
               digital start-ups and digital scale-ups companies, as well how and when to transit
               from one to another.

               This is why it is of major importance and relevance to understand in a clear and
               objective way the concept of start-up, per se, and the definition of start-ups in the
               digital  and  tech  context,  as  well  the  description  of  scale-up  companies  and  the
               main differences between both.


               1.l.  Summary of the syllabus for the Module: “Digital start-ups vs. digital scale-
               ups”

               Providing solutions to a problem takes creativity, risks, testing and implementation
               in  a  technological  and  digital  world  we  live  in.  Start-ups  do  it  due  the
               entrepreneurship spirit of some. Digital start-ups have revealed to be huge boost
               for  the  economy  when  growing  in  a  sustainable  and  scalable  business.  The
               confirmation  of  this  are  several  examples  of  digital  big  companies today  that
               started  as  start-ups.  The  proposed  training  module  outlines  learning  objectives,




                                                     Programme: Erasmus+
                                   Key Action: Cooperation for innovation and the exchange of good practices
                                   Action Type: Strategic Partnerships for vocational education and training
                                             Project Number: 2019-1-PL01-KA202-065209
                                                                                                        12
   7   8   9   10   11   12   13   14   15   16   17