THE BOARDROOM - Business Boost

Project Overview

THE BOARDROOM 2.0 is an entrepreneurial initiative sponsored by Impact 23 designed to provide business owners/entrepreneurs with a platform to showcase their innovative business ideas, submit well-crafted business plans, and pitch to a distinguished panel of judges for the chance to receive investment and mentorship. This project aims to promote business growth, innovation, and the empowerment of entrepreneurs, especially those in the early stages of their business journey.
The goal is to create a bridge between investors and entrepreneurs to drive sustainable business growth in various sectors.

NB: THE BOARDROOM 2.0 will be open only to faithful fans who have shown consistency for more than a year, and within Impact23 faithful members across states where we have physical presence.

Objectives

1. Empowering Entrepreneurs:

   • To support business owners and aspiring entrepreneurs by connecting them with industry experts who can fund and mentor their businesses.
   • To help participants build their business capacity and enhance the scalability of their ventures.

2. Promoting Innovation and Creativity:

   • To foster innovation by encouraging entrepreneurs to come up with new ideas that are sustainable and impactful.
   • To showcase a variety of business models, solutions, and approaches that can contribute to solving existing problems in different sectors.

3. Building a Strong Entrepreneurial Ecosystem:

   • To create a community of entrepreneurs who can exchange ideas and collaborate on projects.
   • To contribute to the growth of local economies by supporting small and medium-sized enterprises (SMEs).

Target Audience

• Entrepreneurs with Startups: Those with innovative ideas or businesses in the early stages of development.
• Established Business Owners: Existing businesses looking to expand, innovate, or introduce new product lines.
• Young Entrepreneurs: Emerging business leaders who may have limited access to capital but possess high potential.

Selection Criteria

• A solid and clear business plan.
• The innovation, scalability, and sustainability of the business idea.
• Market readiness and potential to address existing gaps in the economy or society.
• A demonstrated passion for business and a willingness to learn and grow.
• Financial viability and a clear revenue model.