Entrepreneurship Application & Assessment Questionnaire 1. Personal DetailsName of SMME/ Entrepreneur *Email Address *Phone *Street Address *Apartment, suite, etc *City *State/Province *ZIP / Postal Code *Country *AfghanistanAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaAustraliaArubaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBoliviaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBruneiBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCabo VerdeCayman IslandsCentral African RepublicChadChileChina, People's Republic ofChristmas IslandCocos IslandsColombiaComorosCongo, Democratic Republic of theCongo, Republic of theCook IslandsCosta RicaCôte d'IvoireCroatiaCubaCuraçaoCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEast TimorEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFalkland IslandsFaroe IslandsFijiFinlandFranceFrance, MetropolitanFrench GuianaFrench PolynesiaFrench South TerritoriesGabonGambiaGeorgiaGermanyGuernseyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuamGuatemalaGuineaGuinea-BissauGuyanaHaitiHeard Island And Mcdonald IslandHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJerseyJohnston IslandJordanKazakhstanKenyaKiribatiKorea, Democratic People's Republic ofKorea, Republic ofKosovoKuwaitKyrgyzstanLao People's Democratic RepublicLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMacauNorth MacedoniaMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMartiniqueMauritaniaMauritiusMayotteMexicoMicronesiaMoldovaMonacoMongoliaMontserratMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNetherlands AntillesNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorthern Mariana IslandsNorwayOmanPakistanPalauPalestine, State ofPanamaPapua New GuineaParaguayPeruPhilippinesPitcairn IslandsPolandPortugalPuerto RicoQatarReunion IslandRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSaint HelenaSaint Pierre & MiquelonSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint MaartenSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and South SandwichSpainSri LankaStateless PersonsSudanSudan, SouthSurinameSvalbard and Jan MayenSwazilandSwedenSwitzerlandSyriaTaiwan, Republic of ChinaTajikistanTanzaniaThailandTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks And Caicos IslandsTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUS Minor Outlying IslandsUnited States of America (USA)UruguayUzbekistanVanuatuVatican CityVenezuelaVietnamVirgin Islands, BritishVirgin Islands, U.S.Wallis And Futuna IslandsWestern SaharaYemenZambiaZimbabweQualification Completed *University *Gender *MaleFemaleRace *Date *Day *Month *Year *2. SMME Profile2.1. Life Stage of SMME *Please select an optionIdeationStart UpEstablishedIdeation: Conceptual stage of the business (Development Stage of Business) *Start Up: Introduction, early marketing of a product or service *Established: Established business with a (Validated/ Substantiated Business Model) *2.2. Informal vs Formal SMMEInformal: Business Not Registered & OwnFormal: Registered/ Employment – Creating FirmsIf Formal, Account SMME’s2.3.Size of the Business *Micro (0-10)Small (11-50)Medium (51-200)2.4. Industry/ Sector *2.5. Impact of Venture: The purpose of the Venture & What makes this Business Unique? *2.6. Scalability of the Business Model: The capacity of a business to grow to meet increased demand. *2.7.Innovation:Introduction of a new method/ idea or idea *3. Assessment of Emotional ReadinessDo you understand the demands and personal sacrifices necessary when starting a new business? *YesNoWhen starting your new business will your family support your efforts? *YesNoAre the potential benefits of owning a business worth the investment/risk involved? *YesNo4. Assessment of your Personal Work Style?Are you capable of multi- tasking and do you have a high energy level that can be maintained over a long time? *YesNoAre you self-motivated and capable of working independently? *YesNoAre you able to work in excess of a traditional work schedule when necessary? *YesNoCan you identify how your skills and experience will help make this business be successful? *YesNo5. Financial risk of the Business.Have you completed a personal budget that accounts for your expenses? *YesNoAre you financially prepared to cover household and living expenses without drawing a salary while you start the business? *YesNoCan you survive without the benefits provided by conventional employment? *YesNoAre you willing and able to contribute personal funds and pledge personal and family assets as collateral for a business loan? *YesNoDo you know your personal credit history? *YesNo6. Business OpportunityCan you clearly and concisely explain your vision for the business and why and how it will succeed? *YesNoDoes the product/service solve a customer problem/need? *YesNoDo you understand the key success factors for your business- what it will take for you to be successful? *YesNoHave you identified the potential risk of this particular business opportunity and develop a game plan to address those risks? *YesNoDoes the product/service have a competitive advantage- something that will help your company stand out from all the others? *YesNo7. Assessment of Market PotentialHave you identified your target customers? *YesNoHave you identified the ways you will make your company known to your customers? *YesNoHave you identified the costs of making your company know in the marketplace? *YesNoDo you know who your key competitors are? *YesNo8. Assessment of your skillsDo you have the skills to manage others and effectively control the flow work? *YesNoDo you know what staff (managerial and operational) you will need to run the business? *YesNoDo you have key advisory people (legal, accounting, etc.) identified to assist you in running your business? *YesNo9. Do you have enough money to start and grow the business? Can you really make a profit?Do you know what it will cost to start your business? *YesNoCan you access the capital needed to start your business? *YesNoDo you know what it will cost to make/deliver your product/service? *YesNoDo you know what you will charge for your product/service? *YesNoDo you know if the size of your potential market is sufficient to produce a profit? *YesNoDo you understand the basics of finance and accounting? *YesNoTerms and Conditions and Disclaimer for Your Application & Assessment:Terms and Conditions and Disclaimer for Your Application & Assessment: * Please note that this Application for Entrepreneurship Development and Training does not guarantee acceptance on the program. Your application will be based on the following Selection Criteria: Life Stages of the SMME’s/ Informal vs Formal SMMEs’/ Size of Business/ Industry/ Sector/Impact of Venture/Scalability of the Business Model/ Innovation. The SMME Selection Process includes the completion of the Entrepreneurial Assessment Form & initial Review/ Screening Calls/ Pitching Day/ Final Selection For Recruitment Panel According to Selection Criteria /Acceptance & Rejection Letter & Signing of Participant Agreement. Please note that this Application does not provide any Funding nor does it provide any job opportunities.Send Message