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Business Model Canvas

TC4 INNOVATION AND ENTREPRENEURSHIP

10.00 – 12.00

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�About Idelab

Business Incubator at Mälardalens högskola

We support and help clients (students, professors and employees) with idea and business development as well as starting a business.

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�DEFINITION – BUSINESS MODEL

A business model is a theoretical description of how a business is intended to work.

It is a conceptual tool that contains a set of components and describes their interrelationships in such a way that the business logic for a particular business can be described in concrete terms.

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�BUSINESS MODEL CANVAS

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�FRONT & BACKSTAGE

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CUSTOMER SEGMENT

The essence of the business model

Divide the customers into different segments (needs) that they have.

Define the customer segment first before proceeding with other parts in the canvas.

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VALUE PROPOSITION

The combination of services and products that create value for the customer segment.

  • Price
  • Design
  • Brand/Status
  • Cost reduction
  • Risk reduction

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CHANNELS

How a company communicates with and reaches out to its customer segments in order to deliver a value proposition.

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CUSTOMERS RELATIONSHIPS

The types of relationships a company creates and has with specific customer segments.

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KEY ACTIVITIES

Describes what a company does for activities for the business model to work.

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KEY RESOURCES

The most important assets needed for a business model to work.

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KEY PARTNERS

The network of suppliers and partners that make the business model work.

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COST STRUCTURE

The costs in the business model.

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REVENUE STREAMS

The revenue in the business model

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�BUSINESS MODEL CANVAS

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�RAST

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�Develop your own Business Canvas

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�Business Canvas – Easy / Hard?

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�Business Canvas – Q and A

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�Thanks for today

IDELAB

Location

Västerås – R-205

Eskilstuna – Campus (Next to the library and student center)

Mail

Heini.karlstrom@mdh.se

Carl-fredrik.zetterman@mdh.se