Conducting behaviour design centred bootcamp and mentorship program targeting early-stage companies working/willing to work in/with the financial sector

  • Short-term contract assignment
  • Posted on 13 June 2018

Job Description

Objective of the assignment

The consultant/consulting firm will play an important role in:

  • introducing and ingraining behavioural design thinking in early stage companies
  • getting early stage companies to think out of the box from pretotyping, through to “go-to-market” strategies
  • ideating cutting edge innovations
  • developing assumptions to test across various stages from pretotyping, prototyping, testing, and go-to-market.
  • Scope of the assignment
  • Selecting the bootcamp participants: - The CF team will jointly organize workshops with local incubators/accelerators to launch a call for video submission.
  • Advertisements will go out on social media and newspapers inviting early stage companies to. Video pitches will have to evaluated by the Bootcamp Service Provider (BSP) and BFP-B Team to shortlist a maximum of 20 ideas.
  • Bootcamp management - The BSP will run an on-site 3-5 days intensive bootcamp where they will help participants to understand Human Centred Design (HCD) tools. The participants will use the HCD tools to refine their idea further along with inputs from technical experts. Possible Venues for the bootcamp: BRAC CDM/ The Palace.
  • Pretotyping management – After completing the bootcamp participants will engage in a 4 week pretotyping phase. The BSP will provide mentorship support to the bootcamp participants. The participants will validate and refine their ideas for final submission to BFP-B
  • Final Pitch BFP-B / BSP - The bootcamp participants will pitch their final idea to the BFP-B and BSP. Ideas will be further shortlisted based on the results of pretotyping before being shared with the IC for investment decisions. The BSP will prepare technical due diligence reports for the final list of participants
  • Schedule of the assignment
  • The tentative timeframe for this assignment will be between July 2018 – November 2018. Specific deliverables and time frame will be determined in consultation with the CF Manager.
  • Reporting
  • The CF Manager will be the primary contact and will provide the consultant/consulting firm with overall technical guidance and strategic guidance from the BFP-B Team Leader


  • A minimum of five (5) years’ experience in organizing behaviour design bootcamps;
  • Experience in working with the private sector and in particular start-up firms;
  • Experience in project management;
  • Knowledge on access to finance, private sector development, alternative distribution channel, alternative investment, insurance, MSE financing, product development, process optimization is desirable


The Proposal may be submitted in hard copy or soft copy (via email) by 12th July 2018 by 5:00 pm. For hard copy submission, the address is:

BFP-B Programme

3rd Floor, House 71, Road 27,

Gulshan-1, Dhaka-1212

Soft copies must be emailed to:

About the Organization

Project Background

Business Finance for the Poor in Bangladesh (BFP-B) is a five-year programme funded by UK aid from the UK government, started in October 2013. The Bangladesh Bank (BB), the central bank of Bangladesh, is the implementing agency, and the Financial Institutions Division (FID) of the Ministry of Finance (MoF), Government of Bangladesh (GoB), is the executing agency. Nathan Associates London Ltd, in consortium with its partner, Oxford Policy Management (OPM), is appointed as the management agency for the programme.

The programme aims to promote innovative finance and financial services for micro and small enterprises (MSEs). It is designed to couple social and economic welfare objectives through a making markets work better for the poor (M4P) approach to increase access to finance for MSEs, especially those that are currently underserved by the formal financial sector. BFP-B has two components: a Challenge Fund and Policy research and advocacy. One additional component – a Microfinance Credit information bureau is being finalised.

Background of Challenge Fund Component

The Challenge Fund component of the BFP-B programme offers a “challenge” to the private sector to come up with innovative propositions to increase access to finance for MSEs in Bangladesh, entailing both financial and non-financial products and services and a defined pro-poor impact. The challenge fund is a risk-sharing, cost-sharing mechanism, aimed at inspiring private sector partners to implement innovative business propositions, in which they would not engage on their own and which might initially be very risky with uncertain commercial returns.

The challenge fund over the three rounds has sourced more than 300 concept notes and contracted with 25 private sector led initiatives. Majority of the initiatives have been with large companies because of the eligibility criteria’s which were setup. In the latest round of the challenge fund, it was seen that the private sector was coming up with weak/repetitive innovative ideas despite a longer and more intensive period of engagement. The innovation system is at a nascent stage of development, which has means the ability to capture new Bangladeshi driven solutions for financial deepening and innovation will likely appear from smaller firms bringing and adapting ideas from around the globe into the Bangladeshi context. This in turn has meant that the challenge fund component has not been able to engage with these companies.

Purpose of the assignment

Under the direction and supervision of the Challenge Fund Manager the Consultant/consulting firm will organise a 3-5 day bootcamp which will attempt to address the dearth of innovative ideas in the Bangladesh financial sector by engaging early stage companies to ideate using behaviour design thinking. The Consultant/consulting firm will organise the bootcamp outside Dhaka with 15-20 participants. The bootcamp will be followed by extensive mentorship during a pretotyping phase after which grants will be awarded to selected bootcamp participants.

More information

Bootcamp RFP.docx

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