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Introducing SimVenture Business Simulations

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Presentation on theme: "Introducing SimVenture Business Simulations"— Presentation transcript:

1 Introducing SimVenture Business Simulations

2 Why develop Business Simulations?
High levels of business start-up failure Learners often perceive business as a dry subject Need to move away from traditional methods & passive learning Provide active & experiential learning environments Require people to make decisions and deal with consequences Shift tutors/trainers from ‘sage stage’ to ‘middle meddler’ Emphasis on engagement and authentic learning Expanding digital native market expects to use technology

3 SimVenture Classic First launched 2006 Off-line Software
Users Start & Run a Micro Business Runs for 36 simulated months User makes/sells computers Multi-award winning software Used in 40+ countries Used in Education & by Corporates Most popular HEI UK Business Sim

4 SimVenture Classic Covers al key business areas
Generates connected learning Sophisticated algorithms Nothing is left to chance Money, time, stress, skills and tiredness are all simulated Individual/Group-based learning All data stored for assessment Powerful platform for presentations On-line, off-site and on-site training Computer Licences from £20

5 SimVenture Evolution First launched in 2016 On-line Technology
Users Start and/or Run an SME Runs for 10 simulated years Users make & sell bikes Other business types to be added Tutors/Trainers have real-time access to users as they work Built in Partnership with 8 HEIs Subject-based Scenarios included within the software

6 SimVenture Evolution People work as individuals or groups
Simulation runs in quarters Users compete against the computer or go head-to-head Tutors can stop the simulation at any time Highly sophisticated simulation engine Immediate access to user data fast-tracks assessment Powerful platform for presentations On-line, off-site and on-site training Accounts from £25.00

7 Three Simulation Design Principles
Authenticity Engagement Sustainable Learning & Teaching

8 SimVenture Classic Multi-award winning software

9 Who is behind the business simulations?
Brothers Paul and Peter Harrington Paul is a software engineer specialising in simulation technology Peter is a serial entrepreneur with a deep interest in education Venture Simulations Ltd established in 2005 The company supplies over 40 countries

10 Any thoughts or questions?
Thank you…


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