Request for Expres...

Request for Expressions of Interest (EOI): Piloting virtual incubation services in Vietnam

Grant Award

infoDev, a donor-funded ICT for development agency hosted by the World Bank, has formed a public/private partnership with the Ministry for Foreign Affairs of Finland and Nokia to undertake a joint program on Creating Sustainable Businesses for the Knowledge Economy, worth some €13 million, that will run from 2010 – 2012.

For the complete Terms of Reference, please see:

This call for expressions of interest (EOI) concerns Project ASP-5 of the program, on catalyzing virtual incubation to rural areas in the developing world and in particular the development of a pilot to test virtual incubation in Vietnam as a tool for reaching growth-oriented rural entrepreneurs. As the implementing agency for the program, infoDev seeks proposals from for a grant of up to US$210’000 to pilot virtual business incubation.  The pilot will need to be completed by April 2013.

The objectives of the pilot are to:

  1. Pilot virtual incubation in Vietnam, to take the benefits of business incubation beyond the major cities to rural populations.
  2. To explore the use of different tools and business models that can lead to future sustainability for virtual incubation initiatives.
  3. Assess the impact and cost-effectiveness of virtual incubation and, by way of a strong M&E component.
  4. Build upon and leverage the mobile applications laboratory (mLab) and mobile social networking hub being established in Vietnam by infoDev.

The primary recipient and beneficiary of this Grant should be physically located in Vietnam, and it is expected that this EOI will mainly be of interest to existing business incubators. However, respondents may consider partnerships with other organizations, inside and outside Vietnam.

Responses will be evaluated and shortlisted companies will be invited to respond to a more detailed request for proposals. At this stage, important evaluation criteria include entrepreneurial experience and a commitment to innovation, experience with SME finance, understanding of the needs of rural Vietnam and a capability to work there, existing incubation experience and a willingness to work with other recipients of World Bank/infoDev grants and loans. Applicants should propose a strong methodology to deliver an innovative virtual business incubation pilot, to support a minimum of 10 to 15 virtual incubation clients over the course of the pilot.

To respond to this EOI, please send a profile/charter of your organisation and a covering letter by email to, with a copy to, no later than 11.59 pm ET on May 31 2011. Please include "Vietnam Virtual Incubation Pilot" in the subject line.

Only shortlisted candidates will be contacted.

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