What is forica.org? forica.org is an endowment fund registered in france. it provides financial support for solidarity actions between french and cambodian higher education and research institutions, mainly to students, young researchers and young cambodian entrepreneurs.
What are the core values of forica.org? The fund is committed to the values of transparency, integrity, solidarity and respect for the 19 United Nations Sustainable Development Goals.
What is the priority of forica.org in 2018-2019? The priority of forica.org is to help young Cambodian innovators solving scientific and technical problems in the context of entrepreneurship (pre-incubation) The pre-incubation allows to provide a scientific validation and to evaluate the technological difficulties related to the change of scale (from the lab to the production, from the concept to the finished product). This phase is often underestimated by the project promoters and poorly addressed in the incubators, with lack of a solid scientific and technical network.
What support can a student-entrepreneur expect from forica.org? forica.org publishes on its website the list of current programs promoting innovation and entrepreneurship and invites students who have an entrepreneurship project to participate in these competitions. The three networks of forica.org: Cambodian alumni, French universities and Grandes écoles, and French companies provide a pool of experts who can be called upon during the selection phase and during pre-incubation. forica.org will support award-winning project leaders and help them in the pre-incubation phase in several ways: getting in touch with french and Cambodian experts funding of studies and expertise in partner laboratories consumables living allowances etc. To fund this phase, forica.org will be able to call: public solidarity (crowdfunding) when financing needs are limited. private investors and companies interested in participating in the project.
Why can we trust forica.org? Because the fund has: a French status as a non-profit organization and legal obligations: account management, control a board of representatives of the 3 founders: France alumni Cambodia, CCIFC and Institut Français du Cambodge; a college of donors; a panel of experts. a policy of transparency with regard to the funds entrusted to it a rigorous appraisal policy for the projects it finances to guarantee donors a high rate of success for pre-incubated projects.
Is forica.org an incubator? No, forica.org is neither an incubator nor a pre-incubator. On the other hand, the fund works with universities and incubators to which it brings its know-how and its network. forica.org aims to establish a label for young entrepreneurs and investors
How does forica.org support research? forica.org launches calls for projects for young lecturers holding a PhD in Cambodia. The applications are evaluated by the researchers in its network. Successful projects are funded for two years.
Which areas of research may be funded? The priority areas are those that will enable sustainable development of Cambodia in the long term. They are: Engineering Sciences, Information and Communication Sciences and Technologies, Mathematics, Health, Agriculture and Food, Nutrition, Urban Development, Environmental Preservation and Biodiversity, Mitigation and Adaptation to Climate Change.