Tibetan Entrepreneurship Development (TED) invites applicants for Pre-Incubation Training. To be eligible to apply, entrepreneurs must meet the following parameters:
For ideation entrepreneurs:
Must have an innovative and feasible business idea.
Have been in business operation for less than 1 year or in ideation stage.
Must have strong intention to register their business.
Intention to grow your business in future and provide employment opportunities for Tibetans.
Should be able to work with outside incubators and able to work from the space provided by the incubators.
Should be able to provide updates on their activities during their pre-incubation phase.
Applicant’s application will be accessed by the team of selection committee and the advisory board of the TED based on the following criteria:
Business Model: Business models of applicants will be evaluated on innovativeness, sustainability and ability to scale. Enterprises must demonstrate how they can reach long-term financial stability /growth with viable rates of return. They must also demonstrate the potential to replicate their innovative business model across regions, as well the unique value proposition needed to thrive in a competitive market.
Impact: Applicants should present the impact of their business to the communities and how it will benefit the customers from their operations.
Team: Applicants will also be evaluated on the basis of the strength of their leadership team and the expertise involved in their business. The application should also describe the network they have already developed.
TED presents selected entrepreneurs with a 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. TED will also support you financially with an initial investment in your business after the successful completion of the pre-incubation training.
You will have the option to submit an online application at www.tibetanentrepreneurs.org or email a completed application to [email protected]. If you have issues filling out an application online, you can approach your settlement officer for the application form and submit the completed form to the settlement officer.
Yes, TED will provide accommodation and food facilities only to the selected entrepreneur. If in case the center does not provide accommodation, TED will arrange the accommodation outside the premises and provide stipend as a compensation for the meals.
During the pre-incubation period, you will learn to develop a business plan, shape your ideas, and learn about the business registration process, entrepreneurship concepts and how to build networks with other entrepreneurs.
Yes, once selected for the pre-incubation, you will automatically become a TED entrepreneur and will have access to TED services and programs such as participation in business plan competition for seed funding and the incubation program.