BRIDDHI SIE 2023 for Entrepreneurs

B-Briddhi Social Entrepreneurship Program

Are you an entrepreneur with a strong focus on positive impact? Are you seeking to grow your business but are having trouble building your business plan and finding financial options that fit the unique niche you occupy? If so, the B-Briddhi Incubation Program is the right place for you.

Scouting partner:

Program description

Biniyog Briddhi (“B-Briddhi”) is a multi-year programme that runs since 2020 and is dedicated to supporting a thriving ecosystem where impact enterprises of Bangladesh can grow and scale their impact. Set up as a public-private development partnership (PPDP) between the Embassy of Switzerland in Bangladesh, Roots of Impact, and LightCastle Partners, B-Briddhi strives to improve the financial, social and environmental performance of impact enterprises by helping them to master investment readiness and impact management and get ready to access innovative finance to scale.

Our incubation program will help you structure and validate your business idea or project. At the same time, you will receive the support of a personalized mentor and an incubation team, who will accompany you throughout the program. At the end of the program, you will not only have a business plan to present to potential investors, but you will have total peace of mind that you are building a business validated by your potential clients.

Why participate?

Proven methodology

2000+ entrepreneurs from 89 countries have gone through the programme!

Find your Mentor

You’ll be partnered with a professional to personally guide you so that your project grows in the right direction.

Global Network

Become a part of a supportive community of founders from 89 countries that share resources and harness challenges together.

Experience Active Learning

The platform offers a learn-by-doing approach inspired by MIT's Disciplined Entrepreneurship and you'll get to generate a business plan in PDF.

Anytime, Anywhere

Collaborate from anywhere at any time through our online platform; no barriers, limits, or excuses; just an internet connection.

Exclusive perks

Access to expert masterclasses + more than 30K in discounts on HubSpot, Amazon WS, Google Suite, MailJet, IBM...

This program is perfect for you if:

Have an early-stage business or non-profit with a business concept developed or an MVP recently launched.
Have a proof of concept or project with a clear social prupose.
Can dedicate 6-8 hours per week during 3.5 months.
Play an active role in our community.
You have access to a computer or tablet and a reliable and stable internet connection, as all the program will be online.
You are fluent in English or at ease in using a tech platform in English.
You have tech skills needed for 100% online engagement.

Over the last 3 years, we have supported 54 projects. They received mentorship from experts, attended community events and had the opportunity to attend workshops with experienced community leaders.

Entrepreneurs said they will continue their journey.

0 %

Of the entrepreneurs said the program has been useful, important or critical for their business.

0 %

Were social impact projects.

0 %

Of the entrepreneurs will keep in touch with their mentors after the program.

0 %

What will I learn during this program?

Learn how to manage finances, develop a marketing strategy and create a solid business plan.

Value proposition

Define how your product or service is different and valuable to your customers.

Competition Map

Make your product or service stand out from your competition when selling to the same customers.

Stakeholder map

Confidently identify the individuals or groups that have a strong interest or involvement in your project.

Business model & marketing

Promote your products effectively and sell more at the right price.

Pricing & Business Availability

Ensure that your business stays profitable over time.

Financial Projections

Plan the financial stability and money management for the next 3 years of your business.

Impact Plan

Design how your business will contribute to your sector and region and set how you'll measure it.

Growth Plan

Set growth goals and priorities and monitor your advancements in achieving these as time passes.

Apply before the date!

Days

Hours

Minutes

2023-11-10

Timeline

Apply to the program

From October 2nd to November 10th

Tell us more about you and your start-up by applying below. Our team will assess your selection into the program.

Apply now >

Announcement of selected candidates

November 17th

We will review all the applications and we will select 5 to 10 start-ups to participate in this edition of the program.

Attend to the onboarding session

November 29th and 30th

If selected, you will be invited to an onboarding to the program and session on how to select your mentor, how to use the incubation platform, its methodology and much more.

Mentors and Entrepreneurs Matching

From November 30th to December 15th

"Matching" is a fun process in which you get to meet several volunteer business mentors and decide which one is the best fit for you. During 2 weeks you'll have 30min initial meeting with several mentors, and you will eventually rank them by order or preference. We'll then finalize who is your final "match": the one mentor who will guide you all along the program.

Online Incubation Program

From January 8th to April 26th

Begin a 4 month incubation period to continue developing your startup.

Work weekly with your personal mentor on one-to-one sessions to go over the 8 business modules. You’ll start refining your value proposition and finish the program with a clear growth plan.
Attend 4 online group calls to meet fellow founders and work through the challenges of the program.

Module 1

Value Proposition

Make sure you define your true value. Your Value Proposition is the #1 thing that explains why people would be interested in your offer. It’s a promise that clearly communicates the benefits of your product or service

Get to the root of the problems you’re trying to solve
Identify and group your customers into segments
Do customer discovery interviews and research
Estimate your market size and build a market opportunity graph
Write concrete value proposition statements

Module 2

Competition Map

Understanding your competitors is essential to finding your spot in the market. Think you don’t have much competition? Think again! Take on new perspectives and build a Competition Map that will clearly show where you stand.

Define the attributes that you and other solutions compete on
Identify competitors you didn’t know you had
See how you stand out among the crowd
Discover where you can improve your offering

Module 3

Stakeholder Map

Building a company 100% by yourself is almost impossible. Every day you’ll decide: should I do it myself? Delegate? Outsource? Building relationships with your partners, supporters, suppliers and, of course, a great team is key.

Identify all different types of partners and collaborators
Understand the possible value exchange you can have with each one
Decide what you should do in-house and what you should let others do
Explore your distribution channel options and choose the best ones
Create a map of the ecosystem of partners around your business

Módulo 4

Business Model & Marketing

How do you plan to sustain your business and capture your customers’ attention? We’ll help you understand what business model is right for you and start planning your marketing activities.

Learn about different business models
See how your business model could (or should) differ per customer segment
Use design thinking to choose the best one(s) for you
Understand the basics of a marketing funnel and create your own
Estimate your cost to acquire a customer

Módulo 5

Pricing & Business Viability

Are you leaving money on the table by being too shy with prices, or overcharging and losing business opportunities? We’ll help you figure it out by setting your first price point and determining a pricing strategy.

Learn about different pricing strategies and choose yours
Compare your competitors’ price points and strategies
Do customer discovery to understand their willingness to pay
Learn and use a pricing methodology to determine a price point
Estimate your customers’ lifetime value

Módulo 6

Financial Projections

We make it easy even if you’re allergic to numbers. Get a step-by-step handle on all of your financial needs. Month by month, year by year, you’ll be able to estimate your expenses and revenue as you start and build your company.

Determine the funds you’ll need to launch
Project the expenses you’ll have in your first years of operation
Plan for the team you’ll need and their salaries as you grow
Understand the sales targets you’ll need to reach
Account for what it costs you to produce your product or service

Módulo 7

Impact Plan

Changing the world we live in? Building an Impact Plan will help you clarify what system you’re a part of and how you’re trying to influence it. You will also measure the impact you’re actually having on your customers, certain beneficiaries, your sector, or even the world.

Map the system you work within and the elements that govern it
Show how you want to change what’s happening within it
Craft your mission and vision statements
Identify if you are working on any of the UN’s Sustainable Development Goals
Define how you will measure your impact and track results

Módulo 8

Growth Plan

Once you start your business, you’ll have to constantly adjust priorities to make sure you’re spending your time on the right things. Having solid, measurable objectives is a great way to align with your team and stay on track.

Put your long term goals in writing and draft a plan to reach them
Identify your company’s values
Determine the KPIs you’ll track overtime (Key Performance Indicators)
Set milestones to help you reach your goals
Identify and plan for future risks

Don't forget!

Now you have a go-to-market plan and have the skills needed to take on any challenge!

Make sure to share and grow with The Community, use the space to seek advice, ask for help and connect with other like-minded entrepreneurs.

Questions about the program?

How much time is needed to participate in the program?

The more time you are able to dedicate, the better the results. We have structured the program so that you can complete all the activities in 6-8 hours a week, including a one-hour video call with your mentor and participation in the workshops, this is your program. Also, remember that you will have to commit to dedicating at least 6 hours a week for the duration of the program (4 months) and that there will also be face-to-face sessions that you will have to attend (we will take into account the working hours to put it on for you). as easy as possible).

How much does it cost to participate in the program?

Nothing! This is a free program funded by the client.

What technology do I need for the program?

We advise you to have a laptop or desktop computer and preferably one of these browsers: Google Chrome, Safari, Firefox. Even so, our platform also adapts to mobile phones.

Also, we hope that you have a stable and reliable internet connection both for your weekly review on the platform and to participate in calls with your entrepreneur by video call.

Can my teammate work with me on the project?

¡Claro que sí! Nuestro programa está hecho para colaborar con todo tu equipo. Puedes invitar fácilmente a tus compañeros de equipo a unirse a tu proyecto y colaborar sin problemas en su desarrollo. Puedes trabajar al mismo tiempo que un compañero de equipo, pero ten en cuenta, sin embargo, que nuestra plataforma no permite la colaboración en vivo como con Google Docs ( sólo verás las ediciones de un compañero de equipo después de actualizar la página y debes tener cuidado de no «anular» las entradas de los demás).

Should I be worried about my intellectual property if I come forward?

¡Esperamos que nuestra reputación hable por sí misma en este tema! Tratamos tu solicitud y los datos del programa como información confidencial. Están protegidos por nuestros Términos y Condiciones y nuestra Política de Privacidad, y tu mentor o mentora también firmará un Acuerdo de Mentoría que incluye una cláusula de confidencialidad.

What will be the role of my mentor?

Tu mentor o mentora actuará como tu guía a lo largo del programa. Semana tras semana, te ayudará a validar tu estrategia y a diseñar tu plan de crecimiento. Los mentores te apoyan dentro de la plataforma y se reúnen contigo una vez a la semana (normalmente mediante videollamadas) para validar tus avances.

Can’t find your question here?

Contact Paola Rosenberg, Incubation Manager of the program if you have any question.

For more information, please visit our website