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APPLICATION FORM

RULES OF ENTRY (Please read carefully)

Applicants may submit multiple entries, but a separate entry must be made for each business
plan or business model. SUBMISSIONS WITH NO PROOF OF PAYMENT OF THE
REGISTRATION FEE WILL NOT BE REVIEWED.

Payment of the registration fee of MK5000 per application should be made to:

Bank: National Bank


Account #:1002304747
Account Name: mHub limited
Type: Current account
Branch: Lilongwe

Submission of application closes on the 31st May, 2017.

Please refer to the Application Rules on www.whatwillyoudowith.com.

ELIGIBILITY

Applicants will have to be above 18


Applicants will have to be a pre-start or start-up
Applicants will have to be founders
Applicants will have to be emerging entrepreneurs
Applicants will have to submit innovative and creative concepts
Applicants can be in a team of up to 3
Applicants will have to pay a registration fee of MK5, 000.00

NB. Students and recent graduate are encouraged to apply.

SUBMITTING YOUR APPLICATION

Please return your completed application by:


Email to apply@whatwillyoudowith.com
Post to P.O. Box X285, Lilongwe
Hand delivery to mHub office, 1st Floor, Suite 10, Corporate Mall, (Off Paul Kagame
Road).

CONFIDENTIALITY:

All information will be treated in the strictest confidence.

TERMS AND CONDITIONS

Please refer to the Terms and Conditions section on www.whatwillyoudowith.com

APPLICATION FORM
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Applicants details: (all fields must be completed)

Team Member 1 / Individual Applicant

TITLE:
FIRST NAME:
SURNAME:
ADDRESS:

TELEPHONE:
EMAIL:

Team Member 2

TITLE:
FIRST NAME:
SURNAME:
ADDRESS:

TELEPHONE:
EMAIL:

Team Member 3

TITLE:
FIRST NAME:
SURNAME:
ADDRESS:

TELEPHONE:
EMAIL:

EXECUTIVE SUMMARY
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1. EXECUTIVE SUMMARY AND OVERVIEW

Summary is concise, innovative and effective as a stand-alone overview of the plan; include
brief description of other relevant sections of the plan.

Define social impact on the community it shall be operating in.

2. PRODUCTS OR SERVICES

Describe the problem and how this product/service solves it better than any current offering.

What will make this unique?

3. MARKET ANALYSIS

Present the key driving forces of the industry.

Identify the key characteristics and needs of the target market(s) and provide market
research findings.

Assess the competitive environment and all alternatives and demonstrate marketability for
the product or service.

4. MANAGEMENT TEAM

Provide backgrounds and roles of key individuals and can articulate why this is the best team pos
Outlines critical personnel needs/gaps.

5. OPERATING STRATEGIES

Address the marketing, sales, production, personnel, administrative and financial strategies
for the proposed firm.

Clearly state what overhead burden each department places on the company and what gross
operating margins are required to succeed.

Specify what key regulations are to be complied with.

6. CRITICAL RISKS

Realistically identify the major internal and external critical risks that will threaten the
business and present viable contingency plans to address these issues.

7. SALES PROJECTIONS

Present a realistic assessment of sales in units and/or Malawi Kwachas as appropriate


upon initial company launch and its first 3 years of operation.

Sales projection to be consistent with companys operating and marketing plan, and
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correspond to cash flow and other financial statements.

Sales projection is detailed monthly for first year; quarterly for years 2-3.

8. CASH FLOW STATEMENT

Present a realistic assessment of cash requirementsinflows and outflowsover a projected


3-year period.

Cash flows are consistent with operating and sales and marketing strategies outlined in the
body of the plan.

Cash flow information detailed monthly for first year; quarterly for years 2-3.

9. INCOME STATEMENT

Demonstrate realistic and attractive income potential of the business.

The income statement is consistent with the operating and marketing strategies outlined in
the body of the plan.

Income statement information detailed monthly for first year; quarterly for years 2-3.

10. BALANCE SHEET

Present a realistic assessment of the working capital and fixed asset requirements of the
business.

Appropriately reflects the projected capital structure of the business long-term debt and
equity positions.

Balance sheet information is projected annually for 3 years.

(Please include any stock and supply chain related issues including stock turnover.)

11. FUNDS REQUIRED/USED

Present a clear and concise description of the amount, timing, type and use of funds required
for the enterprise.

12. SCALABILITY

Demonstrate that when market entry has been achieved, how the product or service will
spread to other consumers/end- users.

13. FUTURE PLANS

Outline the enterprise growth over the next 2 years and how this will be achieved?

PICTURE: You may add a picture here if it helps describe your product or service.
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