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ToR for consultant onboarding for business plan development
Organization: SELCO Foundation
Apply By: 10 May 2024
About SELCO Foundation:
SELCO Foundation’s mission is to create a platform of solutions that uses sustainable energy as a catalyst to bridge environmental sustainability and poverty alleviation. With holistic development as the primary focus, the organization strives to create equitable societies, where services are accessed by all communities. The interventions of SELCO lead to a sustainable delivery model of essential services like livelihoods, education, and health till the last mile. (Read more about SELCO here: http://www.selcofoundation.org/)
1. Summary of the project:
SELCO Foundation’s Tech incubation vertical aka ‘CatalyseTech’ aims to foster an enabling ecosystem for innovation driven entrepreneurship at the bottom of the pyramid, to encourage and ensure participation of underrepresented communities.
CatalyseTech initiative encourages engagement and cooperation between various stakeholders, including investors, policymakers, academic institutions, inventors, entrepreneurs and end user communities. The objective is to establish a resilient and inclusive ecosystem that fosters the development of grassroots innovations and aids in resolving regional livelihood, productivity and health challenges while also responding to global climate action (SDG13) efforts.
At CatalyseTech, as a grassroots incubator we offer need-based support to innovation driven enterprises working on sustainable solutions for the rural, underserved and marginalized communities. And as ecosystem enabler, we offer support to young innovators at early stages and build awareness about the significance of diversity and inclusion in entrepreneurship, as well as advocating for ecosystem that encourage equal opportunities for all entrepreneurs.
In pursuit of our objective, we are in the process of onboarding a consultant/Agency renowned for their expertise in business plan development. By harnessing their knowledge and guidance, our aim is to provide comprehensive strategies and actionable insights to our 15 to 20 Grass root incubatees across india. This approach ensures the successful realization of their business objectives, facilitated through effective communication in languages such as Hindi, English, Kannada, and Odia.
“Organization may onboard multiple consultant/Agency for the specific project for specific region”
2. Goals and Objectives
To support SELCO incubatees in developing robust and sustainable business models, validating their concepts, formulating growth strategies, and ensuring long-term impact and sustainability, while effectively engaging and leveraging the expertise of consultants.
• Conduct thorough assessments of current business models, validate concepts, and identify areas for improvement.
• Collaborate with incubatees to design innovative and adaptable business models tailored to their unique needs and market dynamics.
• Provide guidance, resources, and ongoing support to help incubatees implement, test, and refine their business models effectively.
• Assist incubatees in identifying and addressing potential risks, enhancing sustainability, and navigating obstacles for long-term growth.
• Collaborate with incubatees to define clear growth objectives and milestones, develop growth strategies, and facilitate access to networks and partnerships.
• Empower incubatees with the skills, knowledge, and resources necessary to independently manage and grow their businesses sustainably.
Requirement:
Desired Skills of Consultant for the Program:
• Expertise in Business Plan Development: Crafting comprehensive plans with market analysis, financial projections, and growth strategies.
• Understanding of Business Aspects: Familiarity with market dynamics, trends, and competitive landscape for tailored strategies.
• Compilation of Business Information: Synthesizing data into actionable insights using best practices and case studies.
• Proficient in effectively conveying intricate concepts through both written reports and verbal presentations in Hindi, English, Odiya, and Kannada. Able to articulate complex ideas clearly and concisely across multiple languages.
• Collaborative and Client-focused Approach: Working closely with clients to meet their needs and exceed expectations.
• Adaptability and Resilience: Effective management of multiple priorities in a dynamic environment.
• Passion for Entrepreneurship: Dedication to supporting early-stage ventures and driving social impact.
Selection Criteria:
The proposal will be evaluated based on the following general areas:
• Agency/Consultant will be evaluated on the basis of prior work experience, portfolio, and wide experience in curating content both photo and videos
• Agency/Consultant to understand the core value and mission of the organization, Selco Foundation
• Agency/Consultant to understand the aims and objectives of the Business Development and management
• Agency/Consultant to have prior knowledge of working with the NGOs
• The financial proposal will be evaluated based on approach & work plan, prior work experience, expertise, cost, and proposed payment terms.
To apply
Interested consultants / organisations, with relevant experience (please include samples and/or references of the previous similar work as proof of experience) and based out of India are requested to reach out with a detailed proposal giving a brief on the methodology and the process they will uptake for this project, including budgets (with break-ups and explanation), timelines and milestones and submit the same to google form https://forms.gle/C5JCt3zTpnAgKcpaA on before 10th May 2024.
Any further queries please write to procurement@selcofoundation.org with a subject line: “consultant onboarding for business plan development” (Name of Project)
To download the full ToR, click here
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