Dili Entrepreneurship Challenge (DEC)
Dili Entrepreneurship Challenge (DEC) aims to empower budding entrepreneurs from underrepresented backgrounds by providing them with the resources and support they need to transform their innovative business ideas into successful ventures. DEC focuses on fostering diverse, innovative, and socially impactful businesses, offering tailored training, mentorship, and networking opportunities to guide participants toward success.
Key Features of DEC
DEC is open to a wide range of business ideas that emphasize innovation and social impact. Whether it's technology, social enterprises, sustainable products, or community-driven services, we value all creative concepts.
Participants will undergo a structured training program designed to equip them with essential skills in business development, financial management, marketing, leadership, and strategy.
DEC participants gain access to a network of industry experts, mentors, and successful entrepreneurs who will provide guidance, feedback, and practical advice on growing and scaling their business.
The program connects participants with like-minded entrepreneurs, potential investors, and partners, fostering valuable relationships that can support their business’s long-term success.
Beyond training, DEC provides continuous support to ensure entrepreneurs can implement what they've learned. Participants receive ongoing mentorship and have access to resources that help them navigate challenges as they grow their ventures.
How to Apply for DEC
- Eligibility
- DEC Program Structure
- Target Audience: Entrepreneurs from underrepresented backgrounds, including women, minorities, and individuals from underserved communities.
- Business Idea: Applicants must have a business idea that is in the early stages of development. The idea should demonstrate a clear focus on innovation and social impact.
- Commitment: Applicants must be willing to fully engage in the DEC program, attend all training sessions, and be open to feedback from mentors and industry experts.
- Phase 1: Orientation and Training
Participants will attend a series of training workshops covering essential topics, including:- Business Development & Strategy
- Financial Planning & Budgeting
- Marketing and Customer Acquisition
- Leadership and Team Building
- Legal and Regulatory Considerations
- Phase 2: Mentorship and Networking
Each entrepreneur will be paired with a mentor from the DEC network who will offer personalized guidance and advice. Participants will also have access to monthly networking events, where they can connect with other entrepreneurs, investors, and industry experts. - Phase 3: Pitch and Presentation
At the end of the program, entrepreneurs will have the opportunity to pitch their business idea to a panel of investors and industry experts. This is a key opportunity for participants to secure funding, partnerships, and valuable feedback for future growth. - Phase 4: Post-Program Support
Graduates of the DEC program will receive ongoing mentorship and resources, including access to potential funding, partnerships, and a strong support network within the DiliCapital community.
- Phase 1: Orientation and Training