Application Form: Download the Application Form for the Technoserve ENGINE Buisness Plan Competition
Enhancing Growth in New Enterprises Programme (ENGINE), a national Business Plan Competition and Entrepreneurship Development Programme.
ENGINE is a multiyear project implemented by TechnoServe with funding from the UK Government through the Department for International Development (DFID) that seeks to equip Micro and Small Enterprises (MSEs) with the necessary skills and resources to improve their business plans and internal operations, while creating a thriving community of entrepreneurs through increased access to business development services and to financing. The programme seeks to achieve its objectives through the following components:
- Business Plan Competition (BPC) –
Under the business plan competition, applicants will be asked to submit applications to participate in a 2-day Entrepreneurship Clinic and Seminar, after which they will be required to present a 5-page concept paper.
Following this, the top applicants will be invited to a 4-day intensive Business Plan Training course that will enable them submit a 15-20 page business plan, and conclude with the administration of a psychometric test. Finalists from this phase will be selected and provided with constructive feedback to finalize their business plans.
These entrepreneurs will then present their plans to a panel of judges and winners will be selected – the winners will receive a grant and/or aftercare to scale up or start up their businesses.
- Entrepreneur Aftercare -Following the selection of the business plan competition winners, all finalists (including grant and /or aftercare winners) who presented their business plans to the panel of judges will receive mentoring, networking and other business development services over the course of one year.
This will provide support to firms and foster an environment where start-ups and early stage ventures will establish a network of early stage businesses to share knowledge that can help them leverage linkages to improve their business models.
- Winners and finalists of ENGINE will be given awards that include seed capital, business development services, opportunities to present to private investors and links to financial institutions and investment capital.
- Although designed along the lines of previous business plans, new screening tools have been introduced to this programme to enhance easy participation.