SHRIAP application

Basic information about the applicant*

1. Full legal name of business (as per registration certificate):

2. Full name and position/title of applicant:

3. Type of Business:

4. Address:

Street Address

Street Address Line 2

City/ Town/ Village District

5. Business Telephone

6. Mobile Number

7. Email

example@example.com

Please upload copies of relevant documents where applicable:

Business Registration (Upload document)

Copy of TIN (Upload document)

Social Security (upload document)

Copy of Trade License

Copy of Hotel License

Copy of GST Certificate

11. Year business opened

12. Number of hotel rooms (where applicable)

2021 sales

2022 sales

2023 sales

14. Cash flow projection for the next 3 years

2024 projected

2025 projected

2026 projected

N.B. To calculate projected cash flow, start by estimating incoming cash from sources like sales, investments, and financing for the year. Then, deduct anticipated cash outflows such as operating expenses, loan payments, taxes, and capital expenditures over the same time period. The resulting net cash flow shows how much cash the business expects to generate or use within the forecasted period.

15. Business website if any:

www.example.com

16. Is your business listed on any travel review site? (Select all that may apply)

17. Is your business majority(51%) owned by Belizean or Caricom Nationals?

19. Are your social security payments up-to date?

YesNo

20. Our business is willing to provide financial statements, customer reviews and other documentation, as part of a business performance assesment.

YesNo

21. Our business is willing to participate in an on-site assessment consisting of personnel interviews and observations, as part of a business performance assessment.

YesNo

22. Our business is willing to work with the project team to develop a business plan and competitive strategies.

YesNo

23. Our business is willing to work with a university student in developing and implementing the project.

YesNo

24. Our business is willing to submit a proposal to SAIB for grant funding.

YesNo

25. Our business will attend coaching, mentoring and training sessions.

YesNo

26. Staffing Structure and Personal Background

	Total Number	Number who are Belizean or Caricom Nationals	Number who are Women	Number who are youth (Age: Under 30)	Number who are Indigenous (Garifuna or Mayan)
Owners
Management Staff
Non - Management Staff

27. Owner/ Management Training and Business Expertise

Please describe the background and training of the business owner and managers (years in business, previous business success, previous training etc.)

Owner

Management

Additional Questions Please meet with your management and staff to answer the following questions: What are the strengths of your business?

28. What are the strengths of your business?

29. What are the weaknesses of your business?

30. In what ways are you hoping to strengthen your business and increase its competitiveness over the next two years?

31. Why have you decided to apply to the SHRIAP What are you hoping to achieve through the program?

32. Do you currently have a business plan?

YesNo

If yes, upload a copy of your business plan.

33. Which of the following do you have in digital/ computerized format for your business?

	Yes	No
Channel Manager
Guest Ratings
Guest Reservations
Guest payment
Financial Record keeping (sales, expenditures)
Customer Relationship Management

34. If there is another digitalized process that your company uses that is not listed above, please describe.

Confidentiality agreement regarding business information.

Signature

Clarification of Eligibility Criteria

Belizean Nationality/Residency This program aims to support Belizean citizens and/or CARICOM nationals. Businesses must have 51% and above Belizean/CARICOM simple majority ownership. In the case of the accommodation sector only, a minimum of 25% or more local equity is required, provided that 51% and above of staff are Belize citizens/Caricom nationals.

Collaboration with Belize Universities

This project aims to work working collaboratively with the University of Belize, St. John's College or Galen University to connect final year students with businesses that are applying for the Accelerator program. Students will work with the project and provide support to businesses in developing business plans and implementing their projects.

Businesses are required to work with the project team to develop business plans and strategies for improvement.

Business Financial Information

As part of the application, financial information will also be required to be submitted. This will include the past three years of sales and cash flow projection of three years.

Business Information

13. Annual Sales Turnover