Businesses have been facing a lot of challenges and difficulties since last year COVID-19 and now with the additional political crisis. As the economic landscape has been impacted and rapidly changed by the ongoing crisis, now it is time for the businesses to revise their business plans, to make quick short term recovery plans and to set long term strategies for the new normal situation.
Thus, in collaboration with Friedrich Naumann Foundation Myanmar, Impact Hub Yangon would like to host a virtual Business Recovery Capacity Building Program for micro and small businesses to be able to diagnose, to revise business and financial plan, to implement add-on strategies such as digitalization, and finally to create a recovery plan for the upcoming quarters as well as for the years to come.
What can you expect from this program?
This program will help you to identify a new revenue stream such as new market/customer segments, an update on financial models such as removing unnecessary expenses, re-projecting the financial projection, to draw new strategies for business continuity and recovery as well as to connect with the new networks and communities and so on. Moreover, businesses can also access the virtual individual business coaching and mentoring sessions to be consulted on the change of their own businesses.
This program is a two-months long program and it will be conducted on every weekend starting from August 2021 until October 2021.
Both formal and informal businesses can be applied
Women led businesses are encouraged to apply
The applicant must at least access to 3G mobile internet
The applicant must commit at least 4 to 5 hours a week for two and a half months
The applicant must know how to use Telegram, Viber, Youtube and Zoom
As this is a dedicated program to the individual micro and small businesses, only 20 businesses will be selected for this batch. If you want to participate, please fill out the following application and we will contact you once your application has been selected. The selection of applications will very much depend on the quality of the application. Hence, please elaborate in detail as much as you can when filling out the application.
If you have any questions about the program or application process, please contact our team via 09 269 378 730 or email@example.com.