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In 2021, there are multiple ways to involve your business in the awards program. This year, we’re pleased to partner with Runway Ballarat and Federation Business School to deliver the Ready, Set, Grow Program.
RunwayHQ’s business growth program is designed for business leaders to learn and apply the skills needed to test and validate an idea to grow their business. Runway programs are practical and hands-on, building the capability to create impact quickly by applying expert knowledge and new skills to real-world business challenges and opportunities.
RunwayHQ’s business growth program consists of three key stages that build on each other sequentially to de-risk the investment required by business to identify, plan for, and activate new growth opportunities.
READY
Ready is the first stage of the growth program series focusing on evaluation and ideation to support business growth. This practical program will enable participants to evaluate gaps and opportunities in their business. Participants will start with a business health check using Runway's diagnostic tool and then apply design thinking to explore new problems and solutions in order to respond to changes in the external environment.
The READY commitment: 5 x 2 hour facilitated sessions over 2 weeks, with an additional 2 hours of self-guided online and applied learning informing each session.
SET
Set will test and validate new growth opportunities identified in the READY program. Participants will determine the best growth strategy to support their findings, create test plans and build a new business model in order to diminish risk and validate opportunities. This program will put participants through the paces and gather real data from real customers to make informed decisions.
The SET commitment: 3 x 2 hour facilitated sessions over 7 days, with an additional 3 hours of self-guided online and applied learning to inform each session.
GROW
Grow supports participants to execute their validated growth strategy into the marketplace. This program meets twice per week for regular accountability check-ins to keep participants on track and masterclasses delivered by industry experts. Runway's masterclass series covers the essentials to launching a business growth strategy, including customer acquisition, marketing, and product solution design. Runway will provide the expertise, accountability and motivation to successfully execute your growth plans.
The GROW commitment: Runway’s high impact 2 day per week business growth accelerator program runs over two months, including self-paced online and applied learning, and expert facilitated groups sessions.
This program will run between June and October 2021.
Note this opportunity in 2021 is being completely subsidised by Commerce Ballarat, you may apply to this program as well as enter the traditional 2021 Federation Business School Commerce Ballarat Business Excellence Awards. Numbers are limited to 20 in the initial phase, please note not all businesses will progress to the Set & Grow phases.
