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Consultant for business support and mentoring services for five startups

Notice Status

Closed

Notice Type

Procurement of Services

iStock-1142991657 2023-08-29 09_32_28_edited.jpg

Objective

The main objectives of this Terms of Reference (TOR) is to secure the services of one business support expert that will provide targeted guidance and support to enhance the operational efficiency, strategic planning, and overall growth trajectory of each startup. The exercise aims to address the specific needs and challenges faced by each startup, thereby fostering their development, and maximising their chances of success in the competitive business environment. Through tailored advisory services, the consultant will assist startups in identifying opportunities for expansion, optimising resource allocation, and implementing effective business strategies. Ultimately, the primary goal is to empower these startups with the knowledge, tools, and guidance necessary to achieve sustainable growth and long-term viability in the healthcare industry.

Scope of Work 

The business development consultant is required to perform the following tasks:


Needs assessment, to include meeting with each startup team to discuss their progress, their objectives, and their operating environment. The business development consultant will conduct thorough assessments of the needs and requirements of each of the 5 startups. Through individual consultations and comprehensive analysis, the consultant will identify key areas for improvement and strategic focus within each startup.


Level of effort 2.5 days


Implementation of five 1-day clinics, focusing on the individual needs of each startup in order to provide targeted and tailored business support and mentoring. The clinics will be highly interactive and will be driven by inputs from beneficiaries, not taking the form of a training.


Level of effort 7.5 days


Submission of final report with recommendations for future action, to summarize progress and lay out concrete recommendations.


Level of effort: 2 days

Minimum Eligibility and Qualification Criteria

Eligibility and Qualification will be evaluated on Pass/Fail basis.

Legal Status: Vendor is a private individual (Candidate must not be registered as a legal entity, but a private
individual).

Individual Profile: The candidate is a senior professional with an advanced degree in business, economics, or other related field (Individual profile should include a CV as well as a list of relevant references).

Previous Experience: The candidate must have at least 7 years of experience in providing business development and support services to emerging entrepreneurs, with at least three relevant assignments (Submission of relevant documents confirming satisfactory delivery of results submitted).

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