Please enable JavaScript in your browser to complete this form. - Step 1 of 8A) COMPANY INFORMATION1. Do you plan to develop and sell your solution or product(s) without running a business (as an innovator only) or as an entrepreneur? Tick your primary objective so that the evaluation of this application can be suitable for youInnovationInnovation and start-up services2. Name or proposed name of company3. Is your company registered in accordance with the Eswatini Companies Act No. 8 of 2009?YesNo4. Is your business at;operational i.e. producing goods or services and selling oridea stage?NextB) TEAM INFORMATION Team MemberFull NameShareholderDirectorPhoneMaleFemaleNationalityEmailNextB3. Qualities of team/employees that will develop and deliver the solution and innovationNameFirstLastRole(s) or expertise to be applied in the innovation/business processDuration of role in the company or relevant experience elsewhere Description of any relevant academic achievement Full-time or Part-time in developing the solution and innovationNextC) SOLUTION OR PRODUCT OR SERVICE & INNOVATIONC1 - Describe the solution or product(s) or service(s) offered or proposed by your company? Provide adequate description of formulation (non-proprietary), functions and where this belongs in the value chain of the relevant industry. C2 – What process(es) and infrastructure or equipment will you use to distribute your solution or product(s) or service(s) to customers and/or end-users?C3 - What is the technology or product readiness level of the solution or product(s) or service(s)? Provide adequate information about the qualities that place your solution in the chosen level. See note 2C4 - What real and significant problem(s) are you solving or aiming to solve with the solution or product(s) or service(s)? Provide adequate information about (i) the nature of the problem (ii) size and/or effect (iii) consequences or effects of not solving the problem.C5 – What ethical and regulatory requirements do you need to fulfill in order to develop the solution until it becomes certified or enters the market?NextC6 – In what sector/industry will the solution or product(s) or service(s) have the greatest impact?CheckboxesICTGovernment & municipalitiesAgriculture & foodBiotechnologyIndigenous knowledgeFinanceHealthcareTourism & entertainmentTransport &logisticsEducation and digital workplaceClimate and EnvironmentAny other sector (please specify)OtherC7 – Is your solution or product(s) or service(s) an innovation or likely to be? If yes, explain the nature of innovation. See Note 1 C8 – What form of intellectual property will be generated from this solution or product(s) or service(s)? See note 3PatentTrademarkCopyrightTrade SecretsC9- Does your solution or product(s) or service(s) solve the Coronavirus outbreak or improve adaptation of humankind?YesNoC10 - If yes, what difference (impact) will your solution make in the context of the COVID-19 pandemic?NextD) FEASIBILITY & MARKET ATTRACTIVENESS/OPPORTUNITY D1 - Describe characteristics of the consumers or businesses that will use (end-users) the solution or product(s) or service(s) and characteristics of those who will pay for it (customers). Provide adequate information about the consumers or businesses or both, how many they are, where they are located, estimated average or range of income levels (turnover for business), who they are buying direct and indirect competing solutions from, etc and sources of this information. D2 – Describe all companies that produce or sell the same or related solution or product(s) or service(s) as a way of solving the same problem that you have identified. What is the advantage they have over you? D3 – What are the revenue streams that you will apply to the solution or product(s) or service(s)? What is the average selling price for the solution or product(s) or service(s)?D4 – What is likely to make your solution and business (if entrepreneur or aspiring to be one) more favorable to customers and end-users compared to your competitors? What is the advantage you have over your direct and indirect competitors? D5 - How many customers or end-users have participated in your research or tested or adopted the solution or product(s) or service(s) and over what time period? D6 - How many customers are paying for the solution or product(s) or service(s) and over what time period? D7 - Do you have the necessary equipment, production facility or space and access to the relevant infrastructure and services to enable you develop the solution/product/service until it becomes certified and enters the market? Describe what is available and any existing gaps.D8 – How much funds have you used in developing and selling your solution or product(s) or service(s)? List the items and relevant amounts that make up the figure/amount that you mentioned above. D9 – Is there a funding gap? If yes, list the items and relevant amounts to show what the figure/amount that you mentioned above will cater for. D10 – How have you raised funds in the past and how do you plan to close the funding gap in the future?D11 – What are the key risks in developing and selling the solution or product(s) or service(s)? How will you mitigate the risks?NextE) ACTION PLAN AND MILESTONES Note: Based on your vision for the next 36 months (3 years) what milestones do you need to achieve in order to achieve the vision? It helps to state the vision first. You may use a separate excel spreadsheet for the table below. Download and fill in ACTION PLAN AND MILESTONES fileUpload "ACTION PLAN AND MILESTONES" file Click or drag a file to this area to upload. F) FINANCES F1) START-UP COST & FUNDING GAP / BUDGET Complete the table below to show start-up costs and funding gap. Start-up costs are incurred at early stages when there is still no or little revenue and no profit. Download and fill in START-UP COST & FUNDING GAP file Upload "START-UP COST & FUNDING GAP" file Click or drag a file to this area to upload. F2) PROFIT AND LOSS PROJECTIONS (INCOME & EXPENSE PROJECTIONS) FOR THE NEXT 3 FINANCIAL YEARSNote – can this initiative really be a business or at least a feasible innovation process? A business or innovation process does not necessarily have to make profit at the early stages hence a fundraising plan helps to cover any losses that will be incurred until there are sufficient sales to cover all expenses. See note 4. You may use a separate excel spreadsheet for the table below. Download and fill in PROFIT AND LOSS PROJECTIONS file Upload "PROFIT AND LOSS PROJECTIONS" file Click or drag a file to this area to upload. NextE) UNDERSTANDING OF OBLIGATIONS APPLICANTS AND ADMITTED COMPANIESI/we certify that the information contained in this document is accurate and complete to the best of my knowledge. I/we understand that furnishing inaccurate or misleading information can result in denial of consideration for admission or dismissal from the Business Incubator. YesNoI am / we are willing to disclose financial, personnel, compliance, legal, strategic and intellectual property rights to RSTP for assessment of progress and compliance.YesNoI/we understand that admission into the incubator does not automatically attract funding from RSTP and its partners because the criteria for applying for admission into the incubator is different from the criteria for applying for funding. YesNoI/we understand that admission into the incubator will require me/us to register a company in terms of the Eswatini Companies Act No. 8 of 2009. RSTP provides company registration services. YesNoName of Person Submitting *FirstLastDate / TimePreviousSubmit
