Department of Finance, CTA

Welcome to Tibetan Entrepreneurship Development Initiative

A Program for Ideation & Recently Startup Entrepreneurs

     Application form: Pre-Incubation 
	(Business Development Support)

      Submission deadline: 23rd April 2021
Selection Criteria:

Tibetan Entrepreneurship Development (TED) invites application from Tibetans in India to avail TED services. To be eligible to apply, the entrepreneurs must meet the following parameters:

For ideation entrepreneurs:

-	Must have an innovative, good 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 spend full time for the training session provided by TED. 
-	Should be able to manage laptop or any other resources to receive online training due to COVID-19. 

-	Should be able to provide updates on their activities done during their pre-incubation phase. 

Judging criteria:

Applicant’s application will be accessed by the team of selection committee of the TED based on the following criteria:

1.	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. 

2.	Impact: Applicants should present the impact of their business to the communities and how it will benefit the customers from their operations. 

3.	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 that the expertise has developed.

Benefits:

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. TED will also support you financially on the initial investment in your business only after the successful completion of the pre-incubation training. 

Application Form

For upcoming businesses and those with a Strong business idea

Selection criteria for short listing participants: Only complete applications will be processed for the pre-incubation program. Your application will be evaluated as per the following guidelines: Business promise, Maturity, and ambition to grow.

Section I: Personal Details

Name:		
Age:		
Date of Birth:		
Settlement:		
R.C Number:		
Green Book Number: 		
Education Qualification:		
Past Work Experience: 		
Email Address:		
Mobile Number:		

Section II: Business Details

Business Name: 		
Designation/Role: 		
Date of Company Inception (if already in business): 		
Business Registration number (if already registration): 		
Website if any: 		
Number& Names of Business Partners: (if & as many as applicable)	1.
2.
3.	
Number of Employees (if applicable): 		
Number of Shops/ Stores (if applicable):		

Section III: About Your Business

1.	Annual Revenue:(please select from the appropriate options and paste it in the box) 

1.	Upto INR 1.2 lac (Upto 10,000 per month) 

2.	Between 1.2 lac and 3 lacs (10,001 to 25,000 per month) 

3.	Between 3 lacs and 6 lacs (25,001 to 50,000 per month) 

4.	More than 6 lacs (50,001 +) 

5.	I haven’t started my business yet 

6.	I have my business but I don’t know my revenue 

2.	What is your business (or business idea). Explain in maximum 300 words. 

	

3.	What do you think is important to succeed in a business? (tick as many as applicable) 

1.	Financial Support (loans from family /bank) 

2.	The right skills to do business 

3.	Location (being in Delhi/ Mumbai) 

4.	Education Degree (MBA, Engineering etc.) 

5.	Legal registration status 

6.	Any other (please describe) 

4.	Tell us your business goals. 

	

5.	Why are you interested in applying to this program?

	

6.	How much amount can you be able to invest once you start your business?

	

7.	What is your investment requirement? 

	

8.	Who is your competitor? 

	

9.	How you are different from other competitor? 

	

10.	What kind of challenges do you expect at the initial stage of your business? 

	

11.	Please describe about your financial projections and your activities? 

Activities 	Amount (Projected) 	

		

		

		

		

12.	Language Proficiency: Please tick

Language	Read	Write	
English			
Hindi			

Thank you!!