The Cambodia Investor Club Association (CiC), Cambodia’s first investment platform, is now calling for applications from local SMEs to join their business accelerator programme, BIO Accelerator Programme!
Through a survey of its members, CiC found that local SMEs face challenges in growth such as limited access to finance, inefficient HR management, inadequate development of business strategies and tax and legal compliance issues.
As such, the BIO Accelerator Programme aims to assist participants in resolving those challenges through capacity development training and workshops, mentoring by experienced entrepreneurs or professionals from various industries in Cambodia and a bootcamp to strengthen team bonds. During the finale on BIO Pitch Day, the participants will have a chance to pitch their business in front of angel and institutional investors to raise investment funds and seek business partnerships.
All participants will walk away from the programme with:
● Skills to standardise their business
● Access to industry insights
● Access to debt and equity financing through CiC’s investment platform
● An opportunity to be a shareholder of CiC
● Connections with 300+ existing members of CiC and market expansion
Furthermore, as one of the founding organisations of ASEAN Angel Alliance (AAA), CiC will select a qualified participant to attend the 2019 AAA Summit in Vietnam.
Applicants would need to hold a senior management position or higher in a business that has been in the market for at least six months and pay the programme fee of 750 USD. They should be looking for developing their capacity and mentoring to standardise their business, raise investment funds for growth and expand their market.
Application for the programme is from now till July 13. After a selection process, the programme will start in earnest from July 20 and end on Pitch Day in February 2020. For more information, visit the BIO Accelerator Programme’s Facebook page and get the registration forms here.