VENTURE SIMULATIONS LIMITED
SimVenture Evolution - On-line Business Simulation
UK University Collaboration Creates Business Simulation
Building on the global success of the business simulation 'SimVenture Classic', VSL offered client universities an opportunity to collaborate in the development of a new on-line simulation 'SimVenture Evolution'.
Whilst SimVenture Classic was very popular, its design and off-line status denied users the opportunity to scale a company and compete directly with others. The software also didn't allow teachers and trainers to remotely observe, communicate and assess learner performance.
To ensure SimVenture Evolution overcame the limitations of SimVenture Classic, VSL collaborated with 9 UK universities and launched the new on-line product in 2016. Since that date, nearly 50 UK HEIs have subscribed to Evolution.
International interest in the product continues to grow with clients in the Far East, Africa, Middle East, North America, Latin America and South America. Evolution has been translated into Mexican Spanish and will be translated into Chinese in 2019.
Partner Universities involved with the development of SimVenture Evolution
Company details
- Industry:
- Education and training
SimVenture Evolution provides a robust and realistic platform for the integration of theory and practice, which is absolutely crucial to entrepreneurship education. Students get to see for themselves what works – and what doesn’t – by working through the ‘fail-learn-redo’ cycle in a safe and controlled environment. The Control Tower feature is also a real time-saver because it allows tutors to organise student groups, check student progress and gather/assess performance data with relative easeDr Chris Mahon University of Nottingham