“‘IDEAs Come True’ Business IDEA Boost Camp in Cambodia helps participating teams to build business models
and prototyping plans with new business items or development ideas for existing businesses. The program reduces
barriers to entry for testing business ideas and starting a business so that people with no professional
background in running businesses can take part. We hope to help beginners
have a chance to challenge themselves
with their valuable ideas.”
> Objective
- Helping participating teams build business models and prototyping plans with new business items or improvement
ideas for existing businesses.
- Helping selected teams to develop their product/service and business models by supporting prototyping costs.
- The program reduces barriers to entry for testing business ideas and starting a business so that people with no
professional background in running businesses (such as farmers, small business owners, and students) can take part.
> Benefits for participants
- Knowledge acquisition in business model and prototyping
- Business idea development
- Peer Group Networking
- Total 3,500 USD Prize money for prototyping (Max 1,500 USD, Min 500 USD)
> Program Overview
| Location: Phnom Penh, Cambodia
| Eligibility
- Teams with new business items in agriculture and other industries (2 or more people)
- Teams that need to build business models and prototyping plans for new business ideas
| Registration Fee : Free
| Schedule & Programs
'February 2023'
Week 1 : Online Orientation: Program introduction and Peer networking(2 hours)
: E-learning: Learn the concept of a business model individually through online
Week 2 : Offline Workshop (2 days)
- Workshop 1: Building Business Models
- Workshop 2: Creating Prototyping plans
Week 3 : Online Mentoring Day (2 times, 1 hour each)
- Provide Individual feedback on Business Models & Prototyping plans
- Provide business-related mentoring
Week 4 : Demo Day
- Presentation of business models and prototyping plans
- Award (prize money for prototyping)
1st prize (1 team): 1,500 USD
2nd prize (1 team): 1,000 USD
3rd prize (2 teams): 500 USD each
*The venue and date of each program will be updated in February.
**7-10 teams will be selected though the document screening based on submitted 'IDEAs Come True' Business IDEA Boost Camp application form.
***The schedule may be subject to change
>>Click HERE(https://ict.oopy.io/) for more information about the program Application
- Application due date: by January 22, 2023
- Registration Fee: Free
> Organized and operated by ‘Merry Year International’ & 'Merry Year Foundation'
