Timphu techpark

Welcome!
Thimphu TechPark (TTP) is the flagship IT development in the Kingdom of Bhutan. It is the country's first IT Park - promoted by the Department of Information Technology & Telecom, Ministry of Information & Communications, Royal Government of Bhutan, supported by the World Bank and developed jointly by Assetz Property Group of Singapore, a leading development management corporation focused on South Asia.

The Business Idea Competition of Bhutan
Online Submission Form
Your business idea will be treated confidentially and will not be divulged to any unauthorized third party

PERSONAL DETAILS:

Author Name *

Author Ph. no. *

Author Address *

Author Email *

Co-Author-1 Name

Co-Author-1 Email

>>Click here to Add more Authors(Max. 8)

Business Idea Details:

1.INTRODUCTION *
1.1 Describe your business idea in one or two sentences. What product or service do you propose to offer? *

(100 words max)

2. NEED/PROBLEM ANALYSIS *
2.1 Describe the need or problem identified by you that led you to arrive on your business idea. In other words what led you to think about the business idea you propose. *

(500 words max)

2.2 Describe the need or problem identified by you that led you to arrive on your business idea. In other words what led you to think about the business idea you propose. *

(500 words max)

3. SOLUTION *
3.1 Clearly describe how your proposed product or service will address the problem/need described as above. *

(800 words max)

3.2 What value proposition does your product/service has to offer for the customer? Will it offer cost savings, more convenience, reliability, accessibility etc.? *

(500 words max)

4. COMPETITION ANALYSIS*
4.1 Describe the direct (competing product or service) and indirect competition (any alternative product/service) ) for your product or service. *

(500 words max)

4.2 Describe how your product, technology or service is different or better than the competition. What is the idea’s competitive advantage? Why will customers buy your product or service as compared to the competitor products/services ? *

(800 words max)

5. MARKET *
5.1 What is the market size that you are targeting? Are you targeting Bhutan as a whole, just Thimphu, or all Asia, or any specific country? *

(100 words max)

5.2 What market segment(s) will your product or service target? For example, are you targeting students, youth, civil servants, or any specific group? *

(100 words max)

6. BUSINESS STRATEGY/REVENUE MODELl *
6.1 How much money will you need to start this business?
Provide a rough breakdown of the costs. *

(500 words max)

6.2 How will you sell your product or service (direct sale, distributors, internet etc.)? *

(500 words max)

6.3 How will the business generate revenue for its product or service? Roughly describe what price are you going to charge and what will be the profit margin? If possible, provide a three year financial projection. *

(500 words max)

7.LEADERSHIP TEAM *
7.1 Who will be in the leadership team that will turn this idea into viable business and run it? Firstly, describe your experience and expertise, and then describe the experience and expertise of your existing or future team members. *

(800 words max)

8.ATTACHMENT IF ANY*

MAX. SIZE 3 MB
MAX. SIZE 3 MB
MAX. SIZE 3 MB

DECLARATION *
By using this online submission form, I hereby declare that the business idea submitted by me through this form is my own and that I would be held responsible for any violations of intellectual property rights arising due to this.