Are you building a business?
Join our free program and get a personal mentor and access to the latest company-building methods. Empower your business and join our community of Cambodian entrepreneurs today!
Last call for applicants!
Apply before November 15th
Supported by
What is IDEA APP Cambodia EIP?
This is the second edition of the Cambodia EIP: an incubation program developed by Khmer Enterprise and UNIDO Cambodia through the implementation of a UN joint program on the “Decent Employment for Youth in Cambodia” funded by the Swiss Agency for Development Cooperation (SDC).
This program is part of the larger IDEA App Programs created by UNIDO and Bridge for Billions in 10 countries.
Since its launch, the program has been making entrepreneurial education accessible to Cambodians who are on their way to starting new businesses.
The program will also offer you the confidence and certainty of validated business ideas from potential clients. After the completion of the program, you will receive a customized executive summary of your business plan and present it to potential investors or new co-founders.
As a selected entrepreneur, you will benefit from a 5-month online program to develop the next steps to growth your business.
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.
During the program, there will be selected mentors to support your journey weekly. At the same time you are working on the fundamental aspects of your business with a learning-by-doing methodology. In this way, you can make business ideas a reality!
Why participate?
Proven Methodology
You will follow a step-by-step methodology, working directly on your business and making the most important decisions with the support from the mentor. You will also be able to visualize your financial projections, growth, and impact plan for the next 3 years.
Find your Mentor
You’ll be matched with a professional to personally guide you in weekly mentoring sessions, to further the business grow in the right direction.
Join a community
Be part of a supportive community of entrepreneurs and mentors to share resources, make business alliances, and work through challenges together.
Build your executive summary
After finishing all the business modules, download from our platform a business document to use with potential investors, co-founders, and stakeholders in order to advance your business.
Anytime, Anywhere
Focus on your entrepreneurial journey without compromising your other responsibilities! Work on your business anywhere and at any time using our online platform. All you need is an internet connection.
Exclusive perks
Having access to exclusive events + more than 30K in discounts on HubSpot, Amazon WS, Google Suite, MailJet, IBM
Don't just take our word for it.
See what previous entrepreneurs have to say!
This program is perfect for you if…
- You are an early-stage Cambodian business founder.
- You are able to communicate in Khmer with a basic understanding of English Business Terminology.
- If you have a business idea or project in one of these areas: Tourism and Services, Agriculture, Light Manufacturing, or Information and Communications Technology (ICT).
- You are willing to commit 8 hours per week, for the 5-month duration of the program.
- Have completed secondary education, a vocational training program, equivalent qualification, or above.
- You own a computer, tablet or smartphone with a reliable and stable internet connection (this is a full online program).
Don't miss your chance to join our program. Secure your spot and apply before:
November 15th, 2023
Program timeline
Apply to the program
To apply, click on the "Apply now" button located on this page. After your account is successfully created, you will need to complete the necessary information for your application to be submitted.
Provide as much information as possible when filling out their application. This will help you stand out and show better the potential of your project.
Announcement of the selected Entrepreneurs
Attend the Launching event
Location, date, and hour to be defined.
Mentors and Entrepreneurs Matching
The Incubation Phase starts!
Welcome! Now you are ready to begin a 5-month incubation period to continue developing your business.
- Follow our online curriculum with 8 modules to build a robust value proposition and business strategy for your venture.
- Meet weekly with your personal mentor on one-to-one online sessions to get a fresh perspective and make sure you're in the right direction.
- Attend online group meetings to meet the rest of the program's entrepreneurs and work on the soft and business skills needed to grow as an entrepreneur.
Closing event
These are other founders who participated in other IDEA App Programs
This program was the first one I participated in, it was a very powerful and valuable test for me. The interesting thing is that while participating in this program, I was able to understand where I was going, because I started one way, and many things changed during my work as a result. I now have a completely new way of doing things and a new approach to my project and where it’s going. This was possible only by working with all these tools. I just want to say thank you for the opportunity.”
Founder of Language Republic
First of all, I would like to thank the program managers of Bridge for Billions and UNIDO for allowing me to participate in this program. I learned what I did not know from my business plan. Even though I have decided to postpone the launch of my project, I now have a goal, and I hope it will become a reality one day. By participating in this incubation program, I gained experience by imagining my day-to-day operations in what would be my dream project, valuable knowledge, I developed my reasoning skills, and I have grown my desire to implement my idea. Thank you.”
Founder of My Sweets
IDEA App was an exceptional experience, an effective platform, mentors available, what more could you ask for to be successful. “
Founder of Aoudy Food
During the incubation program and the meetings with my mentor, I was quick to realize that I have a very good mentor; a ready, direct, willing person, armed with knowledge and experience, who is busy but has found time to help me jointly develop my business plan. I truly value and appreciate the contacts I established with people along the program. To me that’s already a great achievement.”
Founder of Autumn Violet
The IDEA App platform at a glance
As the backbone of the program, the IDEA App platform offers a gamified and step by step experience that allows entrepreneurs to create their business plans and validate their model. Far from theory, the pedagogy pushes you to formulate your ideas and answer the tough questions.
It invites you to “get out there”, talk to people, research, and validate your ideas. Your mentor will be there for you every week to support you by challenging assumptions and offering a fresh perspective.
Ready to start?
Do you have any questions?
The more time you’re able to put in, the better the results! We’ve structured the program so that you should be able to complete all activities within 8 hours per week (including a 1h video call with your mentor), but there are always opportunities for you to go deeper and spend more time on each stage to significantly develop and validate your ideas. If you can’t commit to at least 8 hours per week over 5 months, this probably isn’t the program for you. You can also divide some of the work with other people on your team (if any).
You will need to be able to use a laptop or desktop computer (not tablet or smartphone) and preferably one of these browsers: Google Chrome, Safari, Firefox. We expect you to have a strong, reliable internet connection both for your online work on the platform and to participate in the mentors calls via video conference.
Of course! Our program was made for collaboration with your entire team. You can easily invite your teammates to join your project and seamlessly collaborate on its development. You can work at the same time as a teammate, but note, however, that our platform does not allow for live collaboration as with google docs – you will only see a teammates edits after refreshing the page and you should be careful not to “override” one another’s inputs.
We hope that our reputation speaks for itself on this topic. We treat your application & program data as confidential information. They are protected by our Terms & Conditions and Privacy Policy, and your mentor will also sign a Mentorship Agreement that includes a confidentiality clause.
Once accepted to the program you will enter the “matching” phase, 10-15 days dedicated to finding the perfect mentor match for you. During matching, basic information about your project will be accessible to our community of mentors and they will invite you to initial meetings so you can get to know each other. You can attend as many meetings as you want, but eventually you will have to choose your preferred mentor.
The process of matching is one where you as entrepreneurs must be active participants by answering mentors’ invitations and letting us know how your meetings go within the indicated deadlines. We send all accepted entrepreneurs the important dates and deadlines of the matching process that should be respected. A consistent lack of response from an entrepreneur will be taken as a lack of interest in the program and can lead to their acceptance being revoked.
Your mentor is your guide throughout the program, someone who can understand the ins and outs of your business and, week after week, help you validate your strategy for each critical stage, from better targeting your customers to having a 3 years growth plan. Mentors support you through collaboration on the platform as well as in-person video chats once a week.
Can’t find your question here?
Connect directly with the IDEA App Cambodia EIP Program Manager, Sreyneang Krech (Khmer) and Joseph Chreim (English)
