APPLICATION FOR INVESTMENT & (New Ideas) FILL YOUR APPLICATION IN ENGLISH The purpose of this APPLICATION FORM is to assist us in understanding your business idea and needs. All information will remain confidential. Please try to provide precise responses. The submission of this application is not a commitment or a guarantee whatsoever of financing/ investment by Aaccelerate Prosperity or by network of its investors. Shortlisting businesses for investment is a sole prerogative of Accelerate Prosperity.
INTERNATIONAL CERTIFICATE IN ENTREPRENEURSHIP Entrepreneurs completing our business training and advisory program will improve their capacity to execute and realize their business ideas and enable them to qualify for our final pitch session. Entrepreneurs meeting all assessment requirements of the training and advisory program will also qualify for international certificate in entrepreneurship by Accelerate Prosperity, E4Impact Foundation of Altis School of Business (Italy) and Karakoram International University (KIU). ICE is a joint initiative of Accelerate Prosperity, E4Impact Foundation of Altis School of Business (Italy) and Karakoram International University (KIU).
WHO CAN APPLY Entrepreneurs who aim to launch a business anywhere in Pakistan are eligible to apply New, innovative and unique business ideas offering highly value adding, scalable and technological solutions and demonstrating potential for causing positive economic and social transformation will be preferred. Businesses from ALL sectors can apply. Not-For-Profit business ideas or institutions are INELIGIBLE to apply. Each entrepreneur should submit ONLY one application. Submission of multiple applications may result in disqualification. ASSESSMENT CRITERIA Business Criteria A unique and innovative business idea with a potential for causing or contributing to positive economic and social transformation. A clear market niche, sound target market and customer base. Realistic competitive advantage in terms of price, quality and easy/ large access. Strong revenue and profit models, potential for scalability and growth. Strong value chain effect. Impact potential. Personal Criteria Strong entrepreneurial traits, including (but not limited to) leadership qualities, risk taking, street smartness, ability to do more with less etc. Coachable team, including (but not limited to) openness to advisory, learn, ability and openness to constantly iterate, adapt and evolve based on changing conditions, realities or assumptions etc. Past experience in doing business, or as an employee in a similar industry, or subject matter expertise relevant to the product/ service. APPLICATION PROCESS AND TIMELINES Following are the key steps in the application process:
Step 1: Application Shortlisting
DEADLINE: Deadline to Submit Applications: 20th May 2020
