Business Development Consultant

The primary objective of this consultancy is to develop a comprehensive business plan and a suitable revenue model for the project's outputs, specifically the online e-learning platform, customized digital marketing curriculum, digital adaptation framework, and AI-driven analytics dashboard. The business plan should outline the strategic approach, operational framework, and financial projections necessary for successful implementation and sustainability.

Timeline and Conditions

• The duration of the consultancy is six (6) months from November 23, 2023, to April 23, 2024.
• The consultant(s) will be required to provide handout material and visual aids when conducting consultations for this project.
• The consultant(s) will prepare a presentation and resource information to be shared at the validation meeting.
• The assignment will be based in Belize and require weekly or bi-weekly in-person meetings with the project team. 
• Compensation will be based on the qualifications of the candidate. 

Scope of Work:
The consultant shall perform the following tasks:

• Analyze the e-learning platform, custom digital marketing curriculum, AI-driven analytics dashboard, digital integration framework, and toolkit. This means understanding their features, target audience, and market demand.
• Conduct market research and competitor analysis. This means identifying industry opportunities, market trends, and potential challenges.
• Develop a comprehensive business plan for the e-learning platform. This includes defining its vision, mission, target audience, curriculum structure, content development strategy, marketing plan, operational requirements, and financial projections.
• Create a comprehensive business plan for the AI-driven analytics dashboard. This should cover its features, value proposition, target market, pricing strategy, marketing strategy, technical infrastructure, and ongoing support requirements.
• Recommend an appropriate revenue model for all the project outputs. This should take into consideration monetization options, pricing tiers, revenue streams, customer retention strategies, and scalability.
• Prepare financial projections. This includes revenue forecasts, cost estimates, break-even analysis, and ROI calculations to assess the financial viability and profitability of the business plan.
• Provide recommendations for implementation. This means highlighting key milestones, resource requirements, and potential risks or challenges to anticipate.
• Bi-weekly in-person or online meetings with the project team.

Deliverables:
The consultant shall deliver the following:

• Week 2: Inception report and workplan.
• Month 1: Analysis report on the key outputs.
• Month 2: First draft of the business plan for the e-learning platform & digital marketing curriculum including all the components mentioned in the Scope of Work.
• Month 3: First draft of the business plan for the AI-driven analytics dashboard & Digital Integration Framework including all the components mentioned in the Scope of Work.
• Month 4: Final comprehensive business plan for the e-learning platform & digital marketing curriculum including all the components mentioned in the Scope of Work.
• Month 5: Final comprehensive business plan for the AI-driven analytics dashboard & Digital Integration Framework including all the components mentioned in the Scope of Work.
• Month 6: Recommended revenue model for the online academy and AI dashboard, as outlined in Section 3(e).
• Month 6: Financial projections, including revenue forecasts, cost estimates, break-even analysis, and ROI calculations.
• Month 6: Implementation recommendations, including key milestones, resource requirements, and potential risks or challenges to consider.

The consultant should possess the following qualifications and experience:

• A master's degree in business administration (MBA) or a related field;
• Experience with co-pay models or other innovative financing solutions;
• Experience working with SMEs or sustainability initiatives;
• Strong quantitative skills and experience with financial modeling software
• Proven experience in developing business plans and revenue models for technology-driven projects, preferably in the online education or software industry;
• Strong understanding of online learning platforms, AI technologies, and their applications in the Tourism business context;
• Proficiency in market research, competitor analysis, financial forecasting, and strategic planning;
• Excellent communication and interpersonal skills. This is necessary to build relationships with key stakeholders, including SMEs, financial institutions, and government agencies;
• Familiarity with the tourism industry or related sectors would be advantageous.

LetsGoBelizing Ltd. is a company based in San Ignacio, Cayo, that specializes in providing a wide range of products and services to the tourism industry of Belize. Our services consist of Belizing.com, Belizing Payments, and Belize Digital Media, all of which play a crucial role in delivering advanced technological solutions and expertise. Currently, in partnership with the IDB Lab, we are engaged in an initiative known as the Belizing Tourism Innovation Lab. This project aims primarily to revolutionize capacity building and promote the adoption of digital strategies among tourism enterprises and their employees by fostering collaboration and developing the digital skills of tourism professionals.

Diversity.
LetsGoBelizing  LTD.  and the  Inter-American  Development  Bank Lab are committed to diversity and inclusion,  as well as fair employment opportunities.  We embrace diversity on the basis of gender, age, education, national origin, ethnic origin, race, disability, sexual orientation, religion, and HIV/AIDS  status.  We encourage women,  Afro-descendants, and persons of indigenous origins to apply.

Firms are requested to include in their application package the following:

• Letter of Intent: A letter of intent addressed to the Project Coordinator, expressing your interest in the consultancy and briefly outlining your qualifications and experience.
• Technical Proposal: A technical proposal that includes a detailed work plan and proposed timeline for completing the consultancy.
• Financial Proposal: A financial proposal that includes a detailed budget for the consultancy, including your consultancy fee and any other reimbursable costs.
• Consultant CV: A CV for the lead consultant and any other team members who will be involved in the project. The CV should include each consultant's education, experience, and relevant skills.
• Evidence of Previous Work: Evidence of similar previous work done in business development for the tourism industry. This could include case studies, testimonials from clients, or letters of recommendation.
• Reference Letters: Two (2) reference letters from previous clients or employers.

Note: Failure to comply with any of the above requirements will cause the proposal to be rejected. If one of the above items is not available, kindly draw this to the attention of LetsGoBelizing LTD. 


Submissions should be sent to the following email address below in soft copy.

Ferdy I. Cabb
Project Coordinator
LetsGoBelizing LTD. 
22 Buena Vista Road
San Ignacio, Cayo
Email: project.admin@belizing.com | management@belizing.com 

For further information, contact the LetsGoBelizing LTD  at the above-listed emails or at telephone number 824-2768.

Deadline: Submission must be received by November 10, at 5:00 PM.