DO YOU HAVE WHAT IT TAKES TO BE PART OF THE BUSINESS DEN 2.0?

Botswana Development Corporation is calling young innovators to submit business plans for its youth entrepreneurship program dubbed “Business Den” Here is your chance at building a business empire with the guidance of skilled Investment professionals. We will be backing scalable ideas that have the potential to export across the African region.

PROJECT SCOPE AND CONCEPT

The Business Den is a project aimed at reaching out to ambitious and driven youth entrepreneurs with sound business ideas and giving them an opportunity to pitch their business ideas to a panel of seasoned and established business savvy professionals to secure a P500 000.00 funding opportunity on a grant basis accompanied by mentorship. A team of panelists will probe the business propositions presented to analyse viability, scalability, and profitability. At the end, the prospective entrepreneur may receive financial backing with the benefit of a broader range of business expertise. The Corporation will be backing scalable ideas that have the potential to export across the African region.

ELIGIBILITY

This project is eligible to young Batswana entrepreneurs. According to the revised National Youth Policy 2010, youth refer to persons aged 15 to 35 years of age. Bidders must not be over 35 years old by the closing date. The project accommodates both start-ups and/or existing businesses.

CRITERIA

• Young Batswana entrepreneurs (aged 18 to 35 years

of age) are eligible for this project. • Bidders to submit a comprehensive business plan for

review and selection. • Business sectors to be considered:

Energy, Manufacturing, Technology/innovation, Services. • The idea should be innovative/disruptive/scalable. • Only 10 successful bidders will be invited for

presentation/pitch. • Only 1 successful project will be awarded funding. NB: Final disbursement subject to awardee(s) complying with all BDC terms and conditions.

• The maximum amount to be awarded is P500 000.00. If the project requires more, proof of available capital from other sources should be submitted in the plan.

Final disbursement of funding is subject to awardee(s)complying with all BDC terms and conditions. Take a chance at your dream by submitting your business proposal to businessden@bdc.bw For more information on the call-to-action kindly visit: www.bdc.bw or call 3651300 ONLY shortlisted entries will be invited to pitch and only one winner will be awarded funding. Closing Date: 31st October 2022 at 1700hrs