BOTSWANA INNOVATION FUND C.

Market analysis including, but not limited to:

• Demonstration of market need
• High-level competitor analysis / market share split landing
• Understanding of barriers to entry
D. Go to market strategy, the capacity of the proposed solution to scale up and any material assumptions
E. Financial Modelling (cash flow forecasts for at least 3 years) including key assumptions relating, but not limited, to:
COMMERCIAL LANDING CALL FOR PROPOSALS • Revenue Streams
OPENS: 5th FEBRUARY 2021 • Factors of production and related costs
• Forecast break-even moving into profitability
DEADLINE FOR SUBMISSION: 19th FEBRUARY 2021 at 17:00HRS CAT
F. Team composition, experience/expertise and roles
G. Budget request to the BIF and its reasonableness in addressing the applicant’s specific commercial requirements.
CALL FOCUS
The Botswana Innovation Fund is calling on innovators to participate in the Commercial Landing Call. This call invites all interested All applicants must meet BIF funding guidelines criteria.
innovators and entrepreneurs with innovative and/or technology-driven solutions that need commercialisation funding to apply.
ELIGIBILITY REQUIREMENTS:
The Fund has taken heed of some of the challenges faced by innovators looking to commercialise and are at Technology Readiness • Botswana registered companies
Levels (TRL) 7-8 and as a result found it fitting to respond to this need by focusing this call for proposals to support innovations that • All entities whose project proposals shall be shortlisted will be required to register as BIH
have gone through early-stage research (TRL 1-3) and development (TRL 4-6). members
• Intellectual Property shall reside in Botswana
The call seeks products that have completed early-stage research (TRL 1-3), and development (TRL 4-6) stages and now require funding
APPLICATION PROCESS
for commercialisation (TRL 7-8).
All applicants should complete an application form available on https://form.jotform.com/innovationfund/CommercialLanding
This call will support successful innovators and entrepreneurs with working prototypes to complete the following:
A comprehensive call for Proposals is available on the application form and the BIH website (www.bih.co.bw)
A. Operational Environment Demonstration (Piloting) - Ensuring the prototype functions in an operational environment and
understand how it performs in non-simulated testing. Findings will inform further development that may be required to address th
The closing date for this Commercial Landing Call is 19 February 2021 (at 17:00HRS CAT).
performance issues.
B. Final Testing and Evaluation - to allow for further testing and ensure the solution/technology is successful under normal
NOTE: Botswana Innovation Fund Guidelines, application evaluation criteria and Questions & Answers are available on the BIH
operating conditions.
website (https://www.bih.co.bw )
EVALUATION CRITERIA
For further enquiries please email: innovationfund@bih.co.bw
Submitted proposals will be evaluated using the criteria described below.

A. Alignment with Key Govt Objective/National Need

B. Articulation of the solution and approach including
• Current stage of development www.bih.co.bw facebook.com/YourBIH
• Intellectual Property registration requirements (if any)
@ Your_BIH botswanainnovationhub AN INITIATIVE OF ADMINISTERED BY
• Manufacturing requirement (if any)
• Geographical focus, where it will be most relevant (for IP protection)