Business Mind Funding Programme

Build your business idea and learn from the best. All in six months. Take your business idea to the next level with our seed programme.

Overview

The Business Mind Funding is a 5 year action-oriented programme in the Zambian startup space that power every step of the entrepreneurial mission. It is a game-changer program that is focused on supporting students and graduates for the rational solution to unemployment. Setting up their minds to business opportunities if employment cannot be secured.

Apply to the BMF Programme Today

We are currently enrolling 300 participants in the 1st mentorship-driven accelerator in Lusaka, Choma and Ndola. But all the programme events will be taking place in these respective towns. The application window has just been opened and will close by the end of the month (May 31,2019). We encourage you to complete the General Interest form and we will let you know when you can enroll into the program. For all the towns, this time, the enrollment is taking place in Lusaka. Kindly follow the highlighted procedure.

Apply Now

How it Works

When the applications period opens, we allow you to fill-in the online form (but there is an option of a hard copy form which you can obtain from our office freely). Applications usually open 2 times a year for 4 weeks. Please know that multiple applications do not give you an increased chance of acceptance. You only need to ensure that you choose an appropriate business idea that can earn you easy entry into the program and of course that can attract the attention of our reviewing team. During the application period, our reviewing team will review the businesses and inform the owners immediately of the outcome and advise them on whether the idea is successful or not.

When the period of the applications close, our team will contact the successful applicants informing them of the one day welcome event - during which the applicants should receive their ordered Business Startup Kits (BSU). After this event, all the business owners go back to their respective towns to work on their business ideas and to implement the 12 action-oriented programme. Our goal is to flag off the program which is full of activities and interesting trips and bootcamps. Once this stage is finalized, we are more than glad to begin to interact with the 'founders' and help them move step-by-step to funding.

The graduation period starts after six months when we begin to invest into the businesses through funding from our different partners from within Zambia and the international investors.


Programme Benefits

Business Mind Funding Programme provides many benefits for participants.

The six-month programme will offer you a broad range of entrepreneurial skills development opportunities, on self-employment and formal training, a competitive advantage, generous profit entitlements and flexible working conditions and a permanent position with the business-you-startup on completion of the programme.

Other benefits include:
1. Great training culture with a sense of community and a network of experienced entrepreneurs willing to help.
2. The opportunity to work on policies and programmes that directly affect Zambian in Business Startups
3. Meaningful and challenging work.
4. Diverse career opportunities across the programme.
5. Extensive learning and development suite that may include business development, project management, strategic thinking and innovation, stakeholder engagement and innovation projects.
6. Relocation assistance for those located outside of the Lusaka.
7. The BMF Seed programme is committed to ongoing learning and development beyond the seed programme.
8. We offer further training and professional development opportunities and access to funding assistance.
9. Being part of the K5,000,000.00 investment value from the BMF and its partners.



BSU KIT Booklet

12 Steps Activities

Follow

1. Explain the motivation of starting up a business

2. Consolidate the business idea and give details of why.

3. Conduct market research

4. Give Customer Feedback

5. Register your business

6. Write a business plan

7. Raise Capital

8. State your Products and Services

9. Build your team

10. Establish an office

11. Start making sales of your products or services

12. Start growing your business and expand the business.

Why you should Apply

Here are a few reasons why you should apply at BMF Seed Programme:


Funding and Investments

Our direct investing efforts focus on long term partnerships with strong management teams, in industries rich with opportunity. Our deal is to invest an initial amount of K 5,000,000.00 in exchange with equity shares in all our startups. Depending on the capital requirements, BMF will provide funding to all those who will potentially showcase the rich opportunity of the startup. In order to run this program, we will charge you K475.50 fee for participation in the SEED PROGRAMME

Being a BMF Startup business will validate your business, and our network will help you connect with investors when the time is right. Our one-day Meetup Event is also a great opportunity to meet and pitch people who might express interest in your business and invest for shares.


Support

The BMF Seed programme Powered by the Centre for elearning and Information Technology Research will support startup businesses seeking to disrupt existing markets by pioneering the next generation of solutions that serve our core business needs. The modernization of legacy enterprise creates massive potential for value creation along the intersections of materials science, Innovation, ICT, Retail, Education and Training, energy production, agribusiness, financial services, and systems automation. The BMF seed programme is located at The Center in Lusaka.

BMF Seed Programme brings in a wide variety of experts focused on marketing, culture, startup accounting, product design, mobile, user testing, sales, and more. Be assured of every expert and every tool that will help you start a business.

Impact delivered

We work with business owners and companies which through their business make  an important positive difference to their communities and country at large.

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Founders Mentored

Individuals helped by our
activities and mentorship input

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Businesses Accelerated

Businesses supported by our
activities and mentorship input

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Money Invested

Investments, loans and grants
facilitated for our participants

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Jobs Created

People employed into formal jobs by the businesses we work with

Seed Programme

Designed to offer a solution to the problems of unemployment
and to proactively contribute to the social and economic
growth of Zambia.

The Business owners  and Campanies we build represent a diverse industries.

Apply now to the programme

Become a partner or supporter

The BMF programme is supported by different partners. You can also become part of these

What can you do to Join Us?

There's a lot of things we need you for.

Contact us now

Explore our projects and programmes and contact us for our products or services.

Take action

Contact us for enrolling into a course or scholarship, give us a contract, or register for a gathering.

Partner with Us

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