BMP5019: Enterprise, Innovation & Creative Development

Introduction 

Three cups of takeaway coffee on a desk Close up shot of three cups of takeaway coffee on a desk for a coffee break at the office. eco-cup stock pictures, royalty-free photos & images

Figure 1: Eco Cup

(Src: Isstockphoto, 2022)
 

Purpose of the Report

This report aims to discuss the potential of a new social venture, EcoSmart Cup, which has a solution to the edible and biodegradable coffee cup that works to solve the problem. This report seeks to illustrate how a socially responsible and commercially viable business can be created by using innovative management tools, creative approaches, and commercial perspectives of the business. It aims to fill the gap existing between sustainability innovations and entrepreneurship by offering a systematic process for the creation of ideas, market evaluation, and strategic planning (Letunovska et al. 2025).
 

Introduction to the Social Venture.

EcoSmart Cup will be aimed at combating the increasing environmental issues with single-use coffee cups. The traditional coffee cups also add to the issue of plastic and paper waste, which causes negative effects on the environment. The business idea is quite unique: coffee cups that are edible and completely biodegradable, and made of natural and non-toxic materials. Customers are able to drink their beverage and put the cup away or recycle it, which would lower the level of waste and encourage eco-friendly behaviour.
 

Applicability to Innovation, Enterprise and Creativity.

The business is creative in its own right, based on the unusual idea of edible cups that work to rebrand an ordinary household item into a new solution. It is an innovation, which means that it combines materials science, food technology, and sustainable design to achieve a product that aims at delivering social and environmental value. As an entrepreneurial opportunity, EcoSmart Cup recognises an unfilled market opportunity that is stimulated by increasing consumer willingness to use sustainable products and converts it into a feasible business strategy. 
 

There’s the assignment, your other coursework and everything else you need to keep up with. If BMP5019 Enterprise, Innovation & Creativity at Regent College London is becoming difficult to manage alongside everything else, Locus Assignments offers urgent assignment help. Our academic experts can provide support when you need help making progress with a demanding piece of coursework. Contact us now for more information!
 

Innovation Management: Techniques, Creative Strategies and Tools. 

Vector innovation concept with icon set with big word or text on center vector illustration

Figure 2: Innovation

(Src: Freepik, 2024)
 

Theoretical Introduction to Social Venture Innovation Management.

Innovation management can be defined as the systematic approach of applying certain tools, methods and techniques to create new products, services or processes that can offer value to both enterprises and society (Kerzner, 2022). When applied to social ventures such as EcoSmart Cup, the management of innovation is not only centred on the traditional profit-driven objectives but is also integrated to accommodate social impact, environmental responsibility, and long-term sustainability. In the case of EcoSmart Cup, a suitable innovation management process provides a viable answer to the concept of an edible and biodegradable coffee cup, as it will not only be commercially viable but also environmentally appropriate, socially purposeful, and flexible to meet the changing opportunities in the market. Such a strategy promotes the chances of success and the maximum positive effect on the environment and community (Kamaludin et al. 2024).
 

Key Tools and Techniques

Design Thinking

Design thinking is a people-based process that promotes empathy, ideation, and prototyping. In the case of EcoSmart Cup, design thinking was used to figure out the consumer pain points, which are associated with waste, taste and usability preferences, and environmental awareness. This philosophy was used to develop cup prototypes that are useful, safe to eat, and acceptable to the users (Webb 2024).
 

SWOT Analysis

SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) is used to analyse the strengths, weaknesses, opportunities, and threats facing a venture. For EcoSmart Cup:
 

  • Strengths: Uniqueness: innovative product, environmental sustainability, unique selling proposition.

  • Weaknesses: The cost of production will be higher, and initial awareness will be low.

  • Opportunities: Expanding eco-friendly consumer base, cafe and restaurant partnerships.

  • Threats: Existing biodegradable products are also a threat, regulatory barriers.
     

Business Model Canvas (BMC)

BMC gives an organised graphical representation of the value propositions, customer segment, channels, revenue streams, and prominent partnerships. With BMC, EcoSmart Cup established the key customers (cafes, offices, and environmentally conscious customers), resources (materials, production facilities), and potential revenues, which guaranteed the business’s viability (Pasaribu et al. 2023).
 

Creative Strategies

Brainstorming and SCAMPER

The SCAMPER method (Substitute, Combine, Adapt, Modify, Put to another use, Eliminate, Reverse) was utilised in order to come up with alternative solutions, like adding flavour to edible cups or putting methods on cups of other drinks. These ideas were further refined during brainstorming with the sustainability experts, designers and possible consumers.
 

Rapid Prototyping

Rapid prototyping enabled the company to test various cup designs in a brief period, receive feedback from the users and keep on improving texture, durability and taste. This made the failures minimal and the potential success of the products to be in the limelight.
 

Open Innovation

EcoSmart cup applied open innovation by reaching out to the suppliers, researchers, and even environmental NGOs in order to tap into external knowledge, exchange views and generate solutions. This collaborative process improved the pace of development and made it in line with sustainable practices.
 

Effects of Innovation Tools on Proposal Development.

All these tools and strategies combined turned EcoSmart Cup into a feasible social business. The consumer-centric development was made possible through design thinking, SWOT, and BMC analyses helped in clarifying the strategies, and creative strategies promoted an iteratively focused improvement. Therefore, this proposal represents a balanced innovation flow, one that balances viability, desirability, and sustainability. These planned strategies helped not only to reinforce the product idea but also to increase the viability of the venture to create positive environmental and social impact, as well as be economically feasible (Goyher and Gusarova, 2025).
 

You know the theories from your lectures, but using them in an actual business situation feels different. If you’re finding this difficult in BMP5019 Enterprise, Innovation & Creativity  at Regent College London, Locus Assignments offers original assignment help from academic experts. Order our expert academic support services today!
 

Market and Environmental Analysis

Photo data analysis and market research

Figure 3: Market analysis

(Src: Freepik, 2023)
 

Trends in the Market and Customer Requirements.

The international sustainable product market has been expanding very fast in recent years due to a rise in environmental awareness, government regulation and the preference of eco-friendly alternatives by consumers. Specifically, the market of the single-use coffee cups is exposed to a strong degree of scrutiny, with billions of disposable cups being deposited in landfills every year. Millennials and Gen Z consumers are becoming more and more focused on products that minimise environmental impact and provide convenience and quality. The surveys show that the customers will accept paying a premium to switch to sustainable options that would be in line with their values (Ray and Nayak, 2023).

 

New Technologies and New Opportunities.

Through the improved technology in the field of food, the use of edible packaging materials and biodegradable polymers, it has become possible more than ever to develop edible cups. Growth in the alternatives to plastics like plant-based starches, rice, and seaweed-based materials can produce durable and edible cups. Moreover, 3D food printing and quick prototyping can be enhanced to provide a tailored shape, flavour and brand, which improves consumer experience (Nilsen‐Nygaard et al. 2021).
 

PESTLE Analysis

Political

Stricter policies towards the use of single-use plastics and promoting sustainable alternatives are in place across governments the world over. Environmentally friendly policies on packaging offer incentives to such ventures as EcoSmart Cup.
 

Economic

An increasing number of consumers are willing to pay for a sustainable product because of its rising price in comparison to the traditional disposable cups, which makes EcoSmart Cup financially viable. The growth of the economy within the urban area also drives up demand for takeaway drinks, giving an expansion of the target market (Gomes et al. 2023).
 

Social

Ecological consciousness in the environment has never been as high, and consumers are inclined to purchase the products that would produce fewer negative effects on the environment. The social trends promote the companies that express corporate social responsibility and sustainability (Lee et al. 2021).
 

Technological

The development of edible materials, biodegradable materials, 3D printing, and food-grade coating allows the practical development of long-lasting, safe, and beautiful cups.
 

Legal

Good standards of food safety and packaging regulation should be taken seriously. The compliance will guarantee consumer trust and eliminate legal risks.
 

Environmental

The desire to solve the problem of climate change and the need to address the waste management issues form a significant impulse to find a sustainable solution to the packaging problem. EcoSmart Cup caters to waste and environmentally friendly consumption.
 

SWOT Analysis

  • Strengths: Unique and innovative product, environmental friendliness, good social value propositions.

  • Weaknesses: It will be more expensive to produce, and little awareness at first and other possible taste or texture issues.

  • Opportunities: The growing market of environmentally friendly products, collaboration with cafes and offices, and the possibility of government support.

  • Threats: Competitors of biodegradable substitutes, a shifting policy, and the doubt of consumers regarding the biodegradable ability to break it.
     

Resource Assessment

Financial Resources

Some first-time investment in research and development, prototyping, material sourcing and marketing will be needed. Funds can be boosted by government subsidies of green innovations and possible venture capital for social enterprises.
 

Human Resources

There should then be a multidisciplinary team comprising food technologists, product designers, marketing specialists, and sustainability consultants (Gliessman, 2021). Credibility can be enhanced and development accelerated by working with external researchers or Non-Governmental Organisations.
 

Technological Resources

Availability of labs to test food materials, 3D printing the prototypes, and access to machinery used in small-scale production are essential. Due to continuous innovation, it will need technology tracking to avoid being overtaken by the competition.
 

Timeliness and Opportunity Viability.

The launch of EcoSmart Cup also comes at the right time, when the need to regulate single-use plastics is on the rise, and more and more customers are basing their choices on the need to be environmentally friendly and sustainable, and technology has facilitated the development of viable edible packaging solutions. The novelty of the venture, as the union of edibility and biodegradability, is certain to provide differentiation in the competitive market and meet the overall sustainability targets, which adds both economic and social value (Vu 2023).
 

The company or case study looked straightforward at first, but there’s more to analyse than you expected. If you’re working on BMP5019 Enterprise, Innovation & Creativity module, Locus Assignments provides tailored assignment help for difficult coursework. Our academic experts can help RCL students work through the task when understanding the case study is taking longer than expected. Get in touch with us today!
 

Business Model section

bmc business model canvas concept with big word vector

Figure 4: Business model section

(Src: Vectorstock, 2023)
 

Business Model Overview

The Business Model Canvas (BMC) has been used to establish the basic structure of the EcoSmart Cup business model to enable one to have a clear picture of how the venture will create, deliver, and capture value (Alharethi and Kabil, 2024).
 

  • Customer Segments: Ceres are environmentally aware consumers, cafes, restaurants, office canteens, and event organisers who want an alternative to disposable cups that are eco-friendly (Fakieh et al. 2022).

  • Value Propositions: Edible and biodegradable coffee cups that halve waste, which are convenient and offer a special experience to consumption. The product is an amalgamation of environmental awareness and novelty that will attract customers who are concerned about environmental sustainability and innovation.

  • Channels Distribution: via partnership with cafes, bulk order websites over the internet, sustainable retail outlets, and partnership with event management firms (Dutta, 2025).

  • Customer Relationships: Highly individualised service to B2B customers, Interactive marketing campaigns on sustainability and social media involvement to create community awareness.

  • Revenue Streams: Business and consumer direct sales, subscription services on recurrent bulk purchases, and possible licensing of large-scale food and beverage brands.

  • Major Strengths: Food-grade biodegradable materials, manufacturing plant, competent research and development team and well-established supplier chain.

  • Key Activities: Product development, testing, quality assurance, marketing and supply channels maintenance.

  • Significant Collaborations: Supply Providers of materials, non-governmental organisations that promote sustainability, cafes, and technology suppliers of packaging solutions made of edible materials.

  • Cost Structure: Producers, research and development, promotions, supply channels and food safety regulations.
     

Value Proposition

Through the Value Proposition Canvas, EcoSmart Cup matches product advantages with the customer needs and pains:

  • Profits: Socially responsible usage, less waste, new, engaging and unique coffee experience.

  • Customer Pains Solved: Single-use cups are polluting, there is no sustainable solution, and, need convenient solutions, but are unwilling to compromise usability.

  • Products and Services: Edible coffee cups that are packaged and fully biodegradable in a variety of flavours and sizes, as well as customizable in terms of branding and events.
     

Customer-Centric Design

Implementing the Design Thinking ensures that the venture is consumer-centred. Trying to see through the eyes of the end-users, EcoSmart Cup prototypes will care about the preferences of texture, durability, and taste and remain environmentally friendly. The product design and packaging are developed through an iterative process of feedback, making it more usable and more satisfying. 
 

Conclusion and Recommendations.

The EcoSmart Cup project shows that innovation management, strategies of creativity and market acuity can change a mere product into a social and environmental solution. With the support of design thinking, SWOT and business model considerations, the concept was narrowed down to respond to the needs of the consumers, data from the market and the issue of sustainability. The concept of the edible biodegradable cups provides one of the few value propositions that include the necessity of environmental responsibility incorporated with convenience and novelty. 
 

Need an early draft of a similar assignment brief of Regent College London? Locus Assignments is here to help you out with your BMP5019 Enterprise, Innovation & Creativity module. Get instant support with assignments, essays, dissertations, case studies, coursework and more at Locus Assignments. Order now!

FAQ's