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Guide BiD Challenge Mexico 2011, BiD Network en Colombia, BiD Challenge Argentina, Deadline for the submission of full business plan is extended until February 29, 2012, Matchmaking for Development Services (BDC in cooperation with BiD Network), BiD Challenge Perú 2011, Apply, BiD Challenge Bolivia, BiD Network Ecuador 2011

Who can participate?

Anyone of any nationality can present a business plan for one of the BiD Challenges or BiD Network Investor Matchmaking Services. If you are serious and motivated about creating or expanding a business that improves the quality of living standards in a developing country please read on.

Participation criteria

BiD Network aims at innovation and growth small and medium enterprises, firms, businesses, sole proprietorships that must meet the following criteria.
A business plan application:

  1. Is written in English, in Spanish, in Portuguese or in French1
  2. Has as Country of Business an Emerging Economy2
  3. Has a financing requirement of between US$10,000 and US$5,000,000 spread over the next 5 years.
  4. Aims to be a profitable business3 in the next three years.
  5. Concerns a growth business (employees or sales growth is more than 30% per year)
  6. Meets the Social and Environmental requirements. (for details concerning this see the Social and Environmental exclusion list below).
  7. Please be aware that to be elegible for the Farmers in Business Competition you need to be a farmers' cooperative/association. The competition is only open for Burundi, Congo DRC, Ethiopia, Kenya, Rwanda, Tanzania, Uganda, Zambia.
  8. Women in Business competition will only accept business plans submitted by women.

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1 Please take into consideration that if you want to apply for BiD Investor Matchmaking, you will need to translate your plan into English or Spanish before submission for stage 3 of the assessment process.
2 All countries listed on the DAC list of the OECD.
Please note: the DAC list of the OECD is reviewed every three years.
3To check what BiD understands as a business, please see our General Terms and Conditions, article 3.3