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Women in Business Challenge

‘Women in Business' Challenge is a challenge that focuses on women entrepreneurs in Africa, Asia and Latin America. The ‘Women in Business' Challenge aims to support women entrepreneurs providing them with the assistance, templates, contacts and financiers to get their business started. This new sector competition is developed by BiD Network and powered by ING and ICCO.

Why a Women in Business Challenge?

The ‘Women in Business' Challenge aims to create a level playing field for women entrepreneurs. Currently 23% of BiD Network's business proposals come from women entrepreneurs. It's our aim to increase this.

Target audience

The target audience of the ‘Women in Business' Challenge are women anywhere in the world who want to start or grow an existing small and medium sized enterprise (SME) in a developing country. They seek finance in the range of US$ 10,000 and US$ 1 million in finance. They either already have a full business plan or need help in developing their business plan. They have the ambition to grow the business in sales and numbers of employees. Plans will be accepted in English, Spanish and in French.

Prizes

This Challenge brings two prizes. Cash prizes up to € 15,000 and the ‘ING Retail Award'of € 10,000 for the best retail business plan. All participants will receive feedback to improve their plan and may require for a coach to assist them in the writing of their business plan.
Whether or not a participant becomes a finalist, all high quality business plans are eligible for the BiD Network Investor Matchmaking Services.

Deadline: January 15, 2010

Participants should submit their complete business plan not later than January 15, 2010.
For more information, pleace surf to  http://www.bidnetwork.org/page/132622.