Business Advisory Initiative
The Advisory Board is structured collaborative method for enterprises to engage external advisors who will provide specialist or strategic advice to enable the enterprises solve a range of difficult or complex business problems. It will comprise a range of professionals with specialist knowledge or technical expertise which is not currently available internally within these businesses.
The program will provide a platform for entrepreneurs, and executives to easily access valuable advice which can be used to inform important business decisions. The experts on the advisory boards will be volunteers and will provide pro bono services. Benefits to the Entrepreneur
Entrepreneurs/Business Owners will get the following benefits:
- 12 hours of free board level advisory for your high-value start-up, or high-growth business
- Access to a professional advice, wisdom, guidance and support from more experienced professionals on situations that could present a major risk or opportunity for your business.
- An entry point to a rich network of potential business partners, clients, investors, and advisors
- Free finance diagnostic from Stanbic Bank
- Potential to access business credit from Stanbic Bank
What is the Selection Criteria?
- An exciting business idea or business plan
- A strong management team in place to execute on the plan
- A final product or technology prototype
- Strategic alliances or partners, or signs of a customer base
- Clear signs of revenue growth and obvious pathway to profitability
- Revenue potential of $1 million based on Discounted Cash Flows if available
How to apply
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Benefits to the Entrepreneur
-
What is the Selection Criteria?
-
How to apply
Entrepreneurs/Business Owners will get the following benefits:
- 12 hours of free board level advisory for your high-value start-up, or high-growth business
- Access to a professional advice, wisdom, guidance and support from more experienced professionals on situations that could present a major risk or opportunity for your business.
- An entry point to a rich network of potential business partners, clients, investors, and advisors
- Free finance diagnostic from Stanbic Bank
- Potential to access business credit from Stanbic Bank
- An exciting business idea or business plan
- A strong management team in place to execute on the plan
- A final product or technology prototype
- Strategic alliances or partners, or signs of a customer base
- Clear signs of revenue growth and obvious pathway to profitability
- Revenue potential of $1 million based on Discounted Cash Flows if available