Parties Involved:

• Client: The organization or company providing the funding or financial support to facilitate business enrollment, including supporting businesses in their registration process, marketing, and operational setup. The client may be an investor, funding agency, or a business development firm.
• Contractor(s): The individual(s) or company responsible for managing the business enrollment process, including coordinating business registrations, providing necessary documentation and support, and ensuring that businesses meet the eligibility criteria for funding.

Budget:

₹50,000 per assignment for each business enrollment task, which includes the processing, documentation, and management of the business registration and funding process.

Scope of Work:

This contract is aimed at supporting and enrolling businesses to receive funding for their operational needs, marketing, and growth. The contractor is responsible for ensuring businesses meet the required criteria for funding, assisting in their registration for the program, and ensuring the documentation and applications are submitted correctly.

1. Services Provided: The contractor will perform the following services to support business enrollment and secure funding:

   • Business Outreach and Promotion: The contractor will market the funding program to businesses that qualify for enrollment. This will involve reaching out to business owners, entrepreneurs, and industry leaders to spread awareness about the funding program. The contractor will utilize various communication channels, such as emails, phone calls, social media, and community events, to encourage businesses to apply.
   • Eligibility Screening: The contractor will assess potential businesses for eligibility to receive funding. This will include reviewing business details such as industry, financial standing, business structure, and compliance with the client’s funding criteria. The contractor will conduct an initial screening to ensure businesses meet all required parameters.
   • Business Registration Process: The contractor will assist businesses with the necessary paperwork and registration forms required for enrollment. This includes providing businesses with clear instructions, answering their questions, and ensuring that all documentation is submitted on time.
   • Document Collection and Review: The contractor will assist in collecting the necessary documents from businesses, such as business plans, financial records, tax filings, legal registrations, and proof of operations. The contractor will review these documents to ensure they comply with the client’s requirements for enrollment and funding.
   • Funding Application Submission: After collecting and reviewing all necessary documents, the contractor will submit the business’s application for funding on their behalf. The contractor will ensure that all forms are completed accurately and in compliance with the client’s standards.
   • Business Profile Creation: The contractor will create a profile for each enrolled business that details their background, funding needs, goals, and plans. This profile will be shared with the client to help assess the business’s suitability for receiving funding.
   • Monitoring and Progress Tracking: The contractor will track the progress of each business’s application, ensuring that all steps in the process are completed in a timely manner. The contractor will act as the liaison between the businesses and the client to ensure smooth communication and follow-up.
   • Support and Guidance: The contractor will provide continuous support to businesses throughout the enrollment process, answering any questions, addressing concerns, and helping businesses understand how to maximize the benefits of the funding program.
   • Completion and Reporting: After all enrollments are complete, the contractor will provide a final report to the client, summarizing the number of businesses successfully enrolled, the total funding requested, and any outstanding issues that need to be addressed.

2. Timeline and Deadlines:

   • Initial Outreach and Setup (1 Week): During the first week, the contractor will familiarize themselves with the funding program details, the application process, and the eligibility criteria. The contractor will begin outreach efforts to promote the program and attract businesses.
   • Enrollment Phase (4-6 Weeks): Over the next 4 to 6 weeks, the contractor will manage the registration process, ensuring that all businesses submit their required documentation and complete their applications.
   • Final Review and Submission (1 Week): After the enrollment period ends, the contractor will conduct a final review of all applications, ensuring that everything is complete and compliant. The contractor will submit the final list of businesses for funding consideration within one week.
   • Reporting and Feedback (1 Week): Following the submission, the contractor will compile and submit a comprehensive report to the client, outlining the enrollment process, the businesses registered, and any issues faced.

3. Payment Terms:

   • 30% Advance Payment: The client will pay 30% of the total contract value upfront upon signing the contract. This will cover the initial costs associated with outreach, promotion, and early-stage business registrations.
   • 40% Upon Mid-Process Review: After the first 50% of the targeted businesses have enrolled, the client will pay an additional 40% based on progress. The mid-process review will assess the number of registrations completed and the quality of documentation collected.
   • 30% Upon Final Completion: Once the final list of businesses is submitted, and the full enrollment process is completed, the contractor will receive the remaining 30% of the contract amount.

4. Responsibilities of the Client:

   • Providing Funding Program Details: The client will provide the contractor with all the necessary details regarding the funding program, including eligibility criteria, funding limits, application procedures, and required documentation.
   • Review and Approval of Applications: The client will review the applications submitted by the contractor and approve businesses for funding. They will also provide any feedback or adjustments needed during the enrollment process.
   • Training and Support: The client will offer initial training or materials to the contractor regarding the funding process. This may include providing a user manual, webinars, or answering queries about the funding program.
   • Timely Payment: The client agrees to make payments as per the agreed schedule.

5. Quality Assurance and Standards:

   • Data Accuracy: The contractor will ensure that all business information, including documents and forms, are accurate, up-to-date, and complete. All business applications will be reviewed for any discrepancies before submission to the client.
   • Compliance with Legal and Funding Standards: The contractor will ensure that all enrolled businesses comply with the relevant legal and regulatory requirements, including business registration, financial reporting, and tax filings.
   • Confidentiality and Data Protection: The contractor will handle all business data confidentially, ensuring compliance with data protection laws such as GDPR, CCPA, or any other relevant regulations. Any third-party contractors involved will also sign confidentiality agreements.

6. Revisions and Modifications:

   • Changes in Funding Criteria: If the client changes any aspect of the funding program or criteria during the contract period, the contractor will adjust the enrollment process accordingly. This may include revising the registration forms or modifying the eligibility requirements.
   • Additional Businesses: If the client decides to enroll more businesses beyond the original agreement, the contractor will negotiate a new fee structure or budget based on the additional workload.

7. Termination Clause:

   • By the Client: The client may terminate the contract with a 15-day written notice if the contractor fails to meet the expected milestones, deadlines, or quality standards. The contractor will be compensated for the work completed up to the point of termination.
   • By the Contractor: If the contractor cannot complete the work due to unforeseen circumstances, they may request termination. In such a case, the contractor will ensure all necessary transition work is completed before leaving the project.

8. Confidentiality Clause:

• The contractor will be required to sign a Non-Disclosure Agreement (NDA), agreeing not to disclose any sensitive business information or data they come across during the enrollment process. This includes all business details and any personal or financial information provided by businesses.
• Any third-party contractors working on behalf of the contractor will also be required to sign similar confidentiality agreements.