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BizPod Application Process

BizPod provides incubation services to help new businesses succeed. Applicants must first submit an application, which is then reviewed based on factors like market viability and capital access. Shortlisted applicants will interview to present their proposal and determine if BizPod can help. Successful applicants work with BizPod to create a business plan, and are then assessed monthly and quarterly on their progress towards agreed goals. After the first year, BizPod and the business owner evaluate readiness to launch independently. The program is open to all Taylor's Business School students who maintain student status throughout the application and incubation period.

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101 views

BizPod Application Process

BizPod provides incubation services to help new businesses succeed. Applicants must first submit an application, which is then reviewed based on factors like market viability and capital access. Shortlisted applicants will interview to present their proposal and determine if BizPod can help. Successful applicants work with BizPod to create a business plan, and are then assessed monthly and quarterly on their progress towards agreed goals. After the first year, BizPod and the business owner evaluate readiness to launch independently. The program is open to all Taylor's Business School students who maintain student status throughout the application and incubation period.

Uploaded by

preetimutiaray
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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BIZPOD :

PROCESS OF APPLICATION

1. To be considered for the incubation process, an applicant must first submit an application at the
BizPod office.
2. Once the application has been submitted, it will be reviewed. Information considered during the
initial screening includes:

How well the business fits the mission of BizPod

The viability of the market

The proprietary aspect of the products or services

The requirements for services for each applicant

Access to start-up capital

3. After the initial screening is complete, BizPod will call and schedule an interview with the
applicant.
At the interview, applicant will present his or her business proposal in detail and the committee
will determine whether there is a match between the objectives of the enterprise and the
capability of BizPod to contribute to the firms success.
If the interview is favorable, applicant will be offered the services required to make his or her
enterprise successful.
4.

A plan will be created by BizPod for the business. The applicant then decides whether to accept
the plan offered by Bizpod.

5. Upon acceptance, each applicant is assessed on a monthly and quarterly basis to assure that he or
she is meeting the goals mutually decided upon by Bizpod and the applicant.
6. At the end of each year, Bizpod and the applicant work together to determine when the owner is
ready to launch the business.

Eligibility Requirements
Bizpod services is open to all Taylors Business School students. Students MUST maintain this status
during both the application and interview process and next the 12 months.

Program Requirements
Once accepted into Bizpod, students will be required to participate in the following courses:.

(the courses that we are planning for Bizpod)

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