Leveraging Partnerships to Expand Services and Generate Revenue

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Presentation transcript:

Leveraging Partnerships to Expand Services and Generate Revenue J. David Allen Executive Director

There Never Seems to be Enough

Time to Step Outside the Box Advertising Strategic Partnership Expanding Charter Revenue System Expansion Technology

Advertising

Keys to Successful Advertising Institutional Support Understanding the Value Preparing for UBIT Student Buy in Determining Limitations Existing Campus Partnerships No Need to Reinvent the Wheel Cover your Legal Bases

Strategic Partnerships

Team Support Building Relationships Supportive Supervision Student Support Is There a Culture of Change? Is There a Need? Team Support Do You Have The Capacity? Supportive Supervision

It Can Add Up! UMD Strategic Partnerships = $2.4 Million

Expanding Charter Operations

D. $1,200,000 Yearly UMD Charter Income? C. $900K D. $1.2M A. $300K B. $600K C. $900K D. $1.2M D. $1,200,000

System Expansion

Yearly Income from System Expansion A. $150K B. $350 C. $550K B. $350K

Technology License Plate Recognition Pay Stations Online Services $90K

Total Revenue Over $4.5 Million

Questions?