Are you ready to accelerate your business?
Are you ready to accelerate your business?
Join our CJCC Accelerator Program
Application Open: Apr 01, 2018
Early deadline: May 12, 2018*
Final Deadline: May 31, 2018
*Applicants who submit the application document by early deadline may obtain feedback from CJAP team on the pitch deck.
The application form will be available on 1st April on this website (http.//cjap.cjcc.edu.kh).
Sorry, but the application period will be closed on 31st May 2018, and there will be no exception.
We are open to any type of entrepreneurs. The entrepreneurs that are after seed stage on their business stage (including later, early, and expansion stage) will be ideal as the candidates.
– Early and Later stage entrepreneurs with market ready products or services, or who can start own business within 6 months
– This program accepts businesses from all sectors and supports all challenges
– Entrepreneurs hoping to develop own business and seeking of fundraising opportunities
– Entrepreneurs aiming to advertise own business products or services to the public through the Japanese Crowdfunding Platform and the opportunities for pitching and networking to/with the local business associations
– Potential business solutions to solve societal and environmental issues and challenges are preferred
Entrepreneurs are required to commit to the program for the entire 7 months from July 2018 till Jan 2019. Classes and workshops will be conducted from July to September (see page 19), while entrepreneurs will have the rest of the week free to work on their business as needed. The latter half of the program which is Fundraising Program will be held from October 2018 to January 2019. Ultimately, the core focus of the program is for you to build relationships, work on your entrepreneurs and achieve your milestones.
To be determined
Applications will be open from 1st April – 31st May 2018.
Yes, you can.
Yes, you can.
Yes, you may email the CJCC team (firstname.lastname@example.org).
CJCC will hold the Information Session on 26th April 2018 at Kizuna Hall.
After the documents screening, the candidates on the long list will have interview with Judges. Based on the result of the interview, will inform your acceptance by the end of June 2018.
All members plan to attend the program are encourage to come to the interview.
CJCC Management Team, CIC, YEAC, JICA consultant Team and others (with Ready for from Japan)
We will consider the target market, the scale and novelty of the business plan, existence of a market-ready product, and the projected profitability of your business.
Entrepreneurs who can start business within 6 months after taking business capacity development, and business scheme that has potential to solve societal and environmental issues and challenges is highly preferred. Overall, we will focus more on the applicants (entrepreneurs) themselves, such as their capability, motivation, commitment, clear vision, personal story of applicant’s own business and teamwork. We welcome team applications.
The applicant must be Cambodians over 20 year old, and be able to provide presentations in English. Any gender will be accepted.
This part of the program consists of 1. weekly peer to peer mentoring, 2. intensive lectures, 3. pitching practice, and 4. exchange with business owners.
It will be two hours per week for two months. However, please note that mentor engagement will run organically and depend on mentor’s availability. Sometimes, mentoring might be conducted by e-mail depend on the mentor’s availability.
It will be at CJCC’s office.
Anywhere is fine depend on the both mentor and your availabilities
You will deliver the presentation to judges go for fundraising program
Please check on http://cjap.cjcc.edu.kh
Preparation session for building your fundraising website will be held at CJCC’s office. After taking the session, you can also work on your website at your working space/ your home. During the fundraising period from October 2018 to January 2019, you may have some meetings with program coordinators at CJCC’s office. Lastly, during the following up period, you will have a couple of meetings with program coordinators at CJCC’s office in Cambodia to discuss about how to utilize the money raised and how to report the business progress to your investors and CJCC, or another mentoring when you fail to raise money for your business.
This challenge program will take place from October 2018 till January 2019. In October and November, you will spend most of your time on preparing online project website, and approaching your potential investors and introduce your business idea. Then December 2018 and January 2019 will be the actual fundraising period where you spread your business idea and collect money from your investors through the website. Finally in January (or February) 2019, you will finally utilized the funding. This process must be followed by reporting the business progress to investors and CJCC. The schedule is subject to change.
Qualified entrepreneurs selected in the second selection are able to have pitching opportunities with local business association.
A pitch is basically 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 (there are mainly elevator pitch, video pitch, and business pitch), the aim is typically the same; describing a business opportunity with the intention of securing funding to develop the idea further
Fundraising Program does not guarantee for entrepreneurs to be sure to get money. Pitching Opportunities in Cambodia and Crowdfunding Challenge are only opportunities of fundraising. Entrepreneurs get money when only when the judges are willing to invest their business.
The program is very unique, because it aims to develop business capacity of entrepreneurs in Cambodia, and it helps Cambodian entrepreneurs get ready for raising fund by equipping them with knowledge, connecting them with mentors and giving them the actual opportunity to approach investors.
This program is for 7 months long from July 2018 to January 2019.
CJCC does not invest or take any equity in the entrepreneurs.
Commitment of the full time mentoring program (3 months July – Sep 2018), and the time of Fundraising program (4 months Oct 2018 – Jan 2019) is required.
Your ideas remain yours – they belong to you and your team. If there is a need to transfer or manage Intellectual Property Rights, we will discuss that with you.
The applicants’ wishes will be honored as much as possible. However, you should also be aware that there are many people who have similar ideas and that ideas that seem to be yours may appear in any other places in the world. So, we will not enter into a confidentiality agreement which treats your ideas as confidential information. In this Accelerator Program, we value your actions to realize and leverage your idea into a successful business, rather than the idea itself.
You will retain any IP rights associated with your startup and your prototype.