APPLICATION FORM
RULES OF ENTRY (Please read carefully)
Applicants may submit multiple entries, but a separate entry must be made for each business plan
or business model. SUBMISSIONS WITH NO PROOF OF PAYMENT OF THE REGISTRATION FEE WILL NOT
BE REVIEWED.
Payment of the registration fee of MK5000 per application should be made to:
Bank: National Bank
Account #:1002304747
Account Name: mHub limited
Type: Current account
Branch: Lilongwe
Submission of application closes on the 31st May, 2017.
Please refer to the Application Rules on www.whatwillyoudowith.com.
ELIGIBILITY
s will have to be above 18
-start or start-up
y a registration fee of MK5, 000.00
NB. Students and recent graduates are encouraged to apply.
SUBMITTING YOUR APPLICATION
Please return your completed application by:
 Email to [email protected]
 Post to P.O. Box X285, Lilongwe
 Hand delivery to mHub office, 1st Floor, Suite 10, Corporate Mall, (Off Paul Kagame Road).
CONFIDENTIALITY:
All information will be treated in the strictest confidence.
TERMS AND CONDITIONS
Please refer to the Terms and Conditions section on www.whatwillyoudowith.com
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APPLICATION FORM
Applicant’s details: (all fields must be completed)
Team Member 1 / Individual Applicant
TITLE:
FIRST NAME:
SURNAME:
ADDRESS:
TELEPHONE:
EMAIL:
Team Member 2
TITLE:
FIRST NAME:
SURNAME:
ADDRESS:
TELEPHONE:
EMAIL:
Team Member 3
TITLE:
FIRST NAME:
SURNAME:
ADDRESS:
TELEPHONE:
EMAIL:
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EXECUTIVE SUMMARY
1. CONCEPT OVERVIEW
Present a clear and concise overview of the business plan.
2. BUSINESS IDEA
What is the product/service?
What benefit does it offer the consumer/end-user?
What is unique about it?
3. YOUR MARKET
What is the market size?
How has your product/service got potential for success in this market?
Who will your customers be?
What research have you done?
How will you promote the products?
4. MANAGEMENT TEAM
Describe background and roles of key individuals, history and ability to work as an effective
team.
Organisational structure.
What legal form will the business take (sole trader, limited company, etc.)?
5. OPERATIONS
How will you produce your product/service?
Address the sales and marketing, production, personnel, administrative and financial strategies
for the proposed enterprise.
Are there any key regulations you will have to comply with?
6. CRITICAL RISKS
Realistically identify major internal and external critical risks that will threaten the business.
Present viable contingency concepts to address these issues.
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7. PROFIT POTENTIAL OR SOCIAL IMPACT
Present a realistic assessment of start-up costs and profitability of the business plan.
If a non-profit, note social impact (lives saved, youth educated, healthcare benefits, etc.).
8. FINANCIALS
What are the set-up costs?
How will you fund your business?
Have you won contracts or grants?
Sales forecast
Present a clear and concise budget.
9. SCALABILITY
Demonstrate that when market entry has been achieved, how the product or service will spread
to other consumers/end- users.
10. FUTURE PLANS
How will the company grow over the next 2 years and how will this happen? How will you invest
the prize money if you win?
PICTURE:
You may add a picture here if it helps describe your product or service.