INVITATION TO TENDER

Procurement Reference Number 9- 5 .8. 2021- CCIAS ES

Financial Mentor

The Chamber of Commerce, Industry and Agriculture of Saida and South Lebanon, Lebanese partner of the MEDSt@rts Project is looking for mentor(s) who are responsible for the provision of support and assistance services to the 15 MedSt@rts entrepreneurs and startups through online mentorship sessions.

The Financial Mentor is responsible for developing Financial Plans and Budget Allocation plans for each entrepreneur. Furthermore, they are expected to assist the MedSt@rts entrepreneurs in dealing with any budgeting difficulties they may face. They are also in charge of the assessment of the financial situation of each participant and develop it accordingly, ensuring longevity, sustainability, and success in the marketplace.

Interested tenderers can send their CVs and tenders as per tender specification and TOR to medstarts@ccias.org.lb

Instruction for submitting tenders and TOR are copied below. 

‼️The Deadline for the Invitation of Tender has been extended to 31 August 2021 at 16:00 pm‼️

Instructions

1. General Information:

Subject of the contract: Provision of Technical services as indicated in the TOR

Deadline for submission of the tenders: The tender shall arrive 23 August, 2021, 16 :00 pm

Address and means for submission of the tenders: The tenderers shall submit their tenders using the sample submission form available in Part 2 of this tender dossier. The tender shall be submitted in 1 (one) original. In case of e-mail submission, the tenderer may provide a scanned original.

If delivery by post or courier, the tenders shall be submitted in two separate envelopes:

• envelope one for the tenderer’s information, the tenderer’s statement and the technical offer and
• envelope two for the financial information.

An envelop including both envelopes will contain the following information at the external part:

Name and address of the contracting authority

Title of the tender

Reference number

Name and address of the tenderer

If delivery by e-mail, the message shall clearly indicate:

Title of the tender

Reference number

Name and address of the tenderer

The tender submission form and any supporting documentation shall be provided as attachement to the e-mail.

2. Technical Information :

The tenderers are required to provide services as per TOR. In the technical offer, the tenderers will indicate more details on the deliverables, and required time frame. 

3. Financial Information

The maximum available value of the contract is 4500 EUR or its equivalent  in national currency.

4. The selection criteria:

The award criterion is best value for money, weighting 80% technical quality and 20% price.

1. TENDERER’S INFORMATION

Offer submitted by:

Contact person:

2. TECHNICAL OFFER

Please provide details on the offered services by using the standard tables below:

3. FINANCIAL OFFER

The total price for the offered services/ is .

The offered price includes the execution/delivery of the items described in the technical offer, as well as all the related incidental costs, such as transport, logistics, etc., when required.

Please include a detailed breakdown, in accordance with the items in the technical offer. For fee-based service contracts, include the number of expert days and the daily fees, as well as the breakdown of the incidental costs.

Term of Reference

Post Title:   Financial Mentor

Project Name:  MED Micro finance System for Start Ups (MEDST@rts)

Duty station: Chamber of Commerce, Industry and Agriculture in Sidon and South Lebanon

Duration of Appointement: 30 working days (150 hrs.)

Expected Starting Date: Septembe/ October 2021

Background

As a partner in the MEDST@rts project, the Chamber of Commerce, Industry and Agriculture in Sidon and South Lebanon (CCIAS) is implementing the project activities in Lebanon. MEDSt@rts - Med microfinance support system for start-ups - project is financed by the European Union’s ENI CBC Med Programme and implemented between October 2019 and April 2022 in Italy, Greece, Tunisia, Palestine and Lebanon by a partnership of 7 organizations.

MEDSt@rts addresses young and highly motivated people with innovative ideas - usually high-risk companies - and supports them in developing their business. CCIAS intends to recruit a qualified Financial Mentor who will carry out activities related to the project. The objective of the assignment is to provide 15 start-ups with Professional counseling and advice, focusing on skills training, business guidance, Professional contacts, and problem-solving.

Scope of Work

As part of MedSt@rts objectives for satinable development and durability, mentor(s) are responsible for the provision of support and assistance services to 15 MedSt@rts entrepreneurs and startups through online mentorship sessions. The mentor is responsible for transferring viable and necessary knowledge and skills needed for each individual project to succeed.

The Financial Mentor is responsible for developing Financial Plans and Budget Allocation plans for each entrepreneur. Furthermore, they are expected to assist the MEDSt@rts entrepreneurs in dealing with any budgeting difficulties they may face. They are also in charge of the assessment of the financial situation of each participant and develop it accordingly, ensuring longevity, sustainability, and success in the marketplace.

Output

● Providing a total of 150 hours of one-to-one mentorship sessions to at least 3 up to 15 startups, teams, and entrepreneurs, accordingly  each startup/team receives a total of 10 up to 50 hours of Financial -related mentorship during the timespan decided by CCIAS

● Assistance of the MedSt@rts entrepreneurs in drafting and developing complete and comprehensive  financial plans

● Development of  budget allocation plans that will guide the mentees in spending their sub-grants in the most efficient way

● Revision of business structures and business plans and providing feedback and suggestions

● Provision of tailored financial advice aiming at improving the skills and knowledge of the mentees on a multitude of topics, including, but not limited, to the following:

- Provide the mentees with the appropriate financial plan to ensure its success

- Provide advice, guidance on applicable financial techniques to facilitate work efficiency and effectiveness

- Identification of the strengths and weaknesses of each mentee

- Development of monthly and annual budgets

● Organize meetings with possible customers or business partners

● Follow up/ coaching entrepreneurs in implementing the plan over a period of six months

Deliverables

●Preparing  meeting minutes supported by screenshots

● Video Recording of the  mentoring sessions

● Mentoring material , templates etc..

●Attendance sheet

● Mentorship outline

● Submitting a final report of all activities

Qualification, Knowledge and Experience

● At least a Bachelor Degree in Accounting, Finance, Business or any other relevant field

● Extensive experience on building capacities of businesses in the agrofood,digital, echodesign, sanitizing technologies  and craftsmanship sectors

● Personal flexibility and high motivation

● Experience in similar projects and working in teams

● Excellent interpersonal communication skills including experience of facilitation for trainings