RMOA Business Institute (RBI)

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Presentation transcript:

RMOA Business Institute (RBI) RMOA Business Association RMOA Business Institute (RBI) Overview May 15, 2014

RMOA Business Institute MISSION: To Provide Experienced-Based Entrepreneurial Training and Mentoring to Veterans & Non-Veteran Members VISION: To be the Small Business Entrepreneurial Training Institute of Choice

RMOA Business Institute GOALS Help Grow the Economy by Increasing the total number of successful SDVOSB, VOSB and other businesses Increase Income opportunities for Veterans & RMOA Members Increase RMOA Membership

RMOA Business Institute Overall Concept Phase I – RMOA Pilot Program (10 RMOA Fellows Max) Phase II – Separate RBI Non-Profit Continuous on-ramp and off-ramp Annual Graduation Ceremony

RMOA Business Institute PHASE I (February 2013) Instructional Delivery Methods On-line Lecture/Demonstration Individual Mentoring Select/Develop On-line Curriculum –New York State SBDC Entre Skills Finalize Curriculum Contract Enroll RMOA Fellows Identify and Schedule Lecture Instructors Establish Mentors Group

RMOA Business Institute Phase I (Cont.) Establish RBI as a 501(c)(3) Educational Non-Profit Establish MOU’s (SBA, SBDC’s, Univ) Begin Community Outreach &Publicity Campaign Begin to Identify Funding Sources ( Grants, Sponsorship, GI Bill, MOU’s, Other)

RMOA Business Institute RBI Program Promotion and Recruitment Application Intake & Assessment Completion of Curriculum Internship at RMOA Member Company Incubation GRADUATION Support of RMOA Advisor/Mentor

RMOA Business Institute Phase II (April 2014) Activate RBI as Separate (501(c)(3) Non-Profit Organization of RMOA Develop Business Plan W/Budget Hire (Volunteer-to-Hire) Executive Director Qualify as an approved VA Educational Institution Finalize Organization and Functions Manual Apply for Grants Add Staff (When Affordable) Operate RBI as Self-Sustaining Educational

RMOA Business Institute On-line Course RBI uses the New York State Small Business Development Center’s (SBDC) EntreSkills for Veterans™ curriculum Interactive Web-based educational tool developed by Veterans for Veterans More than 17 interactive chapters Self-paced, designed to be supplemented by one-on-one counseling with an SBDC Veteran Business Advisor. EntreSkills for Veterans™ facilitates the development of a complete Business Plan.

RMOA Business Institute Business Plan Executive Summary Company Summary Services Market Analysis Strategy and Implementation Management Plan Financial Plan

RMOA Business Institute Lecture/Demo Instruction The Big Picture of Small Business Legal Form of Organization Services and Market Analysis Accounting and Tax Considerations Marketing and Capture (Planning Strategy and Implementation) Technical Proposal Preparation Price Proposal Preparation Organizational and Human Resources Management Financial Planning and Projections

RMOA Business Institute One-on-one Mentoring Serves as a role model and confidante Provides guidance, advice, and encouragement Imparts technical knowledge and other expertise Refers Fellows to needed supportive services Shares resources and networks Challenges the Fellow to move beyond his or her comfort zone Focuses on the Fellow’s total development

RMOA Business Institute SUMMARY Primarily aimed at veterans committed to becoming entrepreneurs—those who have been working and also those who recently left the military Self-paced on-line study, platform instruction, mentors Continuous on-ramp entry, off-ramp at online completion Annual graduation ceremony Phase I Pilot – no charge w/RMOA membership ($300) Phase II Price – TBD w/RMOA membership ($300) 501(c)(3) Educational non-profit organization Sponsorships, grants, donations, MOU’s are key

1St. Annual Graduation ceremony

1St. Annual Graduation ceremony

1St. Annual Graduation ceremony

1St. Annual Graduation ceremony

1St. Annual Graduation ceremony

1st. Annual Graduation Ceremony

1St. Annual Graduation ceremony

1St. Annual Graduation ceremony

1St. Annual Graduation ceremony

1st. Annual Graduation Ceremony

1st. Annual Graduation Ceremony

1st. Annual Graduation Ceremony

1St. Annual Graduation ceremony

1St. Annual Graduation ceremony

1St. Annual Graduation ceremony

1St. Annual Graduation ceremony

1st. Annual Graduation Ceremony