Tibetan Entrepreneurship Development (TED), an initiative of SARD under Department of Finance of the Central Tibetan Administration invites application from potential Tibetans Entrepreneurs in India to avail the TED services. TED aims to provide end to end business development support to aspiring and existing entrepreneurs. To be eligible to apply, the entrepreneurs must meet certain criteria based on the needs of their business. In general, TED aims to be an agent of change in helping orient Tibetan entrepreneurs and businesses towards becoming competitive, sustainable and impact-oriented. TED aims to affect the profound transformation of the Tibetan community to partake in global opportunities and contribute to the community’s economic well-being. In doing so, TED aims to convert high-potential business ideas into successful ventures as well as support existing businesses’ expansion and sustainability.
Entrepreneurs can apply to any one of the following services of TED based on your needs for your business. TED presents you the package of benefits to support you throughout your journey of business growth. You will have the access to resources, expertise, and mentorship to help you strengthen your business Strategy, fund raising goals and access to global networks through our extensive partners.
No. If you apply only for seed funding, you will be eligible only for startup capital through TED’s revolving loan fund program. TED will help you procure a low interest loan based on your business needs. To be eligible for the Business Plan Competition you will have to attend Pre-Incubation Training.
If you apply for the Pre-Incubation Training program, you will automatically receive all the other support services sequentially. However, you must meet the necessary eligibility criteria to avail the other services. For example, to receive startup funding you will need to be a registered entity, to receive the legal support you will need to have a concrete business plan. Hence an entrepreneur won’t be able to apply for both legal support and business plan development support at the same time.
Yes, TED will provide accommodations and meals to selected entrepreneurs during Pre-Incubation Training. If the training center does not provide accommodations, TED will arrange for accommodation outside the premises and provide a stipend for meals.
During the pre-incubation period, you will learn about developing a business plan, shape your ideas, and learn about registration process, entrepreneurship concepts and to build networks with the other entrepreneurs.
Yes, once you are selected for the pre-incubation training, you will automatically become a TED entrepreneur and will receive all the services like business registration support, incubation support, seed funding & acceleration support.
In case if you have any questions, please feel free to reach us at www.tibetanentrepreneurs.org or call our personal relationship agents Tenzin Wangyal (+91 980 503 5128) or Tenzin Norsang (+91 981 676 8569).