The Development Bank cautions potential applicants on use of ‘instant business plans’ promoted by external consultants for SMEs and skills-based youth finance.

 

Potential applicants should develop their own plans and cash flow projections as these will be realistic for the potential applicant. Business plans and cash flow projections developed by external consultants may not present a realistic business case and cash flow projections.

 

Each application is considered on individual merit, and mass produced business plans may not give an adequate portrayal of the case for each enterprise, and may lead to rejection of the application.

 

Applicants can approach the Bank for guidance on application requirements and / or download the necessary documentation for applications here...