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Selection Criteria



The selection process Vital Seed uses when considering a Kingdom Business venture to assist not only follows the rigors and disciplines of good business practice (see our Project Model) but also looks toward the "Kingdom" (greater good to the community) nature of the proposal.

In the table below we list the items we consider and score when looking at business plans submitted to us for consideration.

Vital Seed - Business Plan Score Sheet
Business Name: Scores
Item No. Item Excellent Satisfactory Weak Not evident
 
enter score of either:
(3)
(2)
(1)
(0)
1.0 Business Goals:        
1.1
  • Declared purpose of the business
       
1.2
  • Vision or Mission statement
       
1.3
  • Calling and motivation for venture
       
 
sub-total
   
 
2.0 Church Links:  
2.1
  • Relationship to local and or apostolic churches / networks
       
2.2
  • Planned interaction with the local church and church networks
       
 
sub-total
   
 
3.0 Goods and Services:        
3.1
  • Need for the goods and or services
       
3.2
  • Differential factors of Goods or Services / Brand strength
       
3.3
  • Benefit of goods and services to the community/public
       
 
sub-total
   
 
4.0 Kingdom Impact:  
4.1
  • Evangelistic nature / activities (salt & light)
       
4.2
  • Financial benefit to local church / apostolic network
       
4.3
  • Financial benefit toVITAL SEED INTERNATIONAL | Kingdom Business & Local Church | Missions | Grants | Funding<| Kingdom Business & Local Church | Missions | Funding | Grants | and ministries
       
4.4
  • Cooperation and synergies with local and wider church
       
 
sub-total
       
5.0 Business Management:  
5.1
  • Business entity or Board characteristics
       
5.2
  • Management structure
       
5.3
  • Experience of staff employees
       
5.4
  • Goals, milestones and measurable achievements
       
5.5
  • Accountability, Advisory inputs and arranged Mentors.
       
5.6
  • Character references and reputation of the entrepreneur
       
 
sub-total
   
 
6.0 Business Plan / Finances  
6.1
  • Relevant experience in the proposed market
       
6.2
  • Detailed & sustainable timeline for plan
       
6.3
  • Risk Analysis
       
6.4
  • Cost Plan / Budgets
       
6.5
  • Break-even / Profitability point
       
6.6
  • Start up capital provided / invested or to be invested
       
6.7
  • Loans and sources of finances
       
6.8
  • SWAT analysis: Market
       
6.9
  • SWAT analysis: Competition
       
6.10
  • SWAT analysis: Economic
       
6.11
  • SWAT analysis: Political
       
6.12
  • SWAT analysis: General
       
 
sub-total
   
 
7.0 General Communication  
7.1
  • Presentation
       
7.2
  • Logical and clear layout
       
7.3
  • Supporting documentation
       
7.4
  • Written English
       
7.5
  • Clarity of objectives
       
7.6
  • Clarity of conclusions and definition of needs.
       
7.7
  • Contact information
       
 
sub-total
   
 
 
total
       

 

 

(c) VITAL SEED INTERNATIONAL | Kingdom Business & Local Church | Missions | Grants | Funding<| Kingdom Business & Local Church | Missions | Funding | Grants | 2004