■ Application
The application form will be available on Mid of December 2019 on CJAP’s website.
Applications are plan to be open from 23st December 2019 to January 31 2020.
CJCC will hold CJAP opening event on January 18 2020 at Anchor Kizuna Hall.
We are open to any type of entrepreneurs. Businesses after seed stage (including later, early, and expansion stage) can be considered ideal candidates.
To be determined
.
No, one team can only submit one business model.
■ First Selection
After the screening of the documentation, candidates selected on a long list will be interviewed by Judges. Based on the result of the interview, the program will inform you of your acceptance by the end of February 2020.
Although all members planning to attend the program are encouraged to attend the short presentation and interview, at least the team leader and core members are required to attend.
CJCC Management team, CIC, YEAC, CWEA, JICA consultant team and others.
We will consider the level of clarity and understanding of your vision and mission for your business, the strength of team up, the feasibility of your business model and so on. It is required that entrepreneurs are able to start business within 6 months after taking business capacity development. Business schemes which have the potential to solve social and environmental challenges will be preferred for crowdfunding. Overall, we will focus more on the applicants (entrepreneurs) themselves, such as their capability, motivation, commitment, vision, personal story of their business and teamwork. We welcome team applications.
The applicant must be Cambodians over 18 year old, and be able to provide presentations in English.
■ Acceleration Phase
This part of the program consists of 1. monthly peer to peer mentoring, 2. intensive lectures, 3. pitching practice, and 4. experience sharing with Cambodian and Japanese business owners.
- Monthly peer to peer mentoring : Any number people can attend the meeting session
- Intensive lectures : Maximum three people from each company can attend the intensive lectures
- Pitching Practice : Maximum three people from each company can attend but one representative should deliver the presentation
- Experience sharing with Cambodian and Japanese business owners : Maximum three people from each company can attend the intensive lectures
It will be conducted at CJCC’s office but some sessions will be held at other sites.
Peer to peer mentoring can be conducted anywhere, depending on the both mentor and your availabilities.
■ Second Selection
You will deliver a presentation to judges to apply for the fundraising phase.
Please refer to page 32 of detail infomation documents.
■ Fundraising Phase (Pitching Opportunities)
The entrepreneurs selected in the second selection will have pitching opportunities with local business associations.
Pitching basically consist in delivering a business plan verbally. A pitch typically takes the form of an entrepreneur or group of entrepreneurs presenting or describing their ideas to prospective investors. Regardless of the means chosen to pitch (mainly elevator pitch, video pitch, and business pitch), the objective is usually the same; describing a business opportunity with the intention of securing funding to develop the idea further.
The Fundraising Phase does not guarantee for entrepreneurs to receive funding. Pitching opportunities in Cambodia are only opportunities of fundraising. Entrepreneurs receive funding only when investors are willing to invest in their business.
■ General
This program is very unique, as it aims to develop the business capacity of entrepreneurs in Cambodia, and it supports Cambodian entrepreneurs to get ready to raise funds by providing them the required knowledge, connecting them with mentors and giving them the actual opportunity to approach investors. Approximately 6 entrepreneurs can also visit Japan for fundraising and business matching.
This program will last 8 months, from December 2019 to July 2020.
CJCC does not invest or take any equity in the entrepreneurs’ businesses.
Thank you for your interest. Kindly contact us at cjap@tohmatsu.co.jp and our team will get back to you shortly.
Thank you for your interest. Kindly contact us at cjap@tohmatsu.co.jp and our team will get back to you shortly.
Your ideas remain yours – they belong to you and your team. If there is a need to transfer or manage Intellectual Property to another stakeholder, this can be discussed with the CJAP team.
The applicants’ wishes will be respected as much as possible. However, you should also be aware that there are many people who have similar ideas. Ideas that seems to be yours may already exist in other places in the world. Therefore, we will not conclude confidentiality agreements which would cover your ideas as confidential information. In this Accelerator Program, rather than putting an emphasis on the idea, we would like to value the actions you take to realize and leverage your idea into a successful business.