The Orange Corners Bangladesh Incubation Programme is a transformative opportunity for young Bangladeshi entrepreneurs under 35, particularly women, to develop their businesses with skills development, mentorship, and up to 50,000 euros in equity-free funding.
With only the top 6-7% of applicants making it through two rounds of screening and an in-person Selection Bootcamp, your application needs to stand out. So, how do you increase your chances of progression in the Orange Corners Bangladesh Incubation Programme? Here are five essential tips for submitting a stronger application:
1. Clearly Define the Problem and Solution – Use Data!
Your application should begin with a clear, concise problem statement. Rather than listing multiple issues or product features, focus on one core problem that your business effectively addresses. Support your problem with data or insights to underscore its relevance. Describe your product or service and explain how it directly solves the problem, emphasizing its unique value. Clarity and specificity in defining your problem and solution show your deep understanding of the challenge and commitment to making an impact.
2. Demonstrate Understanding of the Market, Users, and Competition
A strong grasp of your market is essential. Judges want to know that you understand your target audience, their needs, and how your solution addresses their pain points. Acknowledge your competitors and explain what differentiates your business. If you feel you have no direct competition, explore why that might be—it could indicate a lack of demand. By showing awareness of the market landscape and your competitive edge, you can demonstrate your preparedness to thrive in the space.
3. Showcase Why Your Business is a Good Fit for the Programme
To increase your chances of selection, emphasize why Orange Corners Bangladesh is the right incubator for your business. Highlight the Sustainable Development Goals (SDGs) your venture contributes to and any social impact it creates. If your leadership team doesn’t currently include women, discuss your plans for ensuring female representation in leadership by the end of incubation. We look for entrepreneurs who can commit to the programme, participate actively, are responsive to feedback and can also contribute to the programme in terms of peer-learning.
4. Clearly Explain Your Business Model and Revenue Strategy
A strong application also includes how the business model works and a clear explanation of how your business generates or plans to generate revenue. Detail your revenue model, including pricing, sales channels, and partnerships. Judges look for evidence of financial sustainability and long-term viability, or potential, so having these chalked out can validate your model.
5. Submit a Concise, 10-Slide Pitch Deck with Only Relevant Information
A focused, well-structured pitch deck can make or break your application. Keep it to 10 slides and focus on the most relevant information. Here’s a suggested structure to help you:
By following these tips, you will create an application that effectively communicates your business’s strengths and goals. Remember, this programme is not just about securing funding, rather it's an opportunity to grow, learn, and contribute to sustainable development. Approach each step with strategy, clarity, confidence, and commitment to your vision, and you will be well on your way to making a meaningful impact.
To find out more about the programme and apply for the next cohort, visit Orange Corners Bangladesh
