Community Investment Collaborative CIC CIC is a micro-enterprise development organization founded in 2011 Our mission is to strengthen the community by.

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Presentation transcript:

Community Investment Collaborative CIC CIC is a micro-enterprise development organization founded in 2011 Our mission is to strengthen the community by fueling the success of under-resourced entrepreneurs through education, mentoring, micro-lending and networking. 2 cicville.org

3 CIC is built on four pillars: cicville.org

54% of WIBO graduates are still successfully operating their businesses 5 years after the program 17-week program 4 cicville.org

5 1.Basic Requirements & Getting the Facts: Market Research 2.Identifying Your Target Market: The Message 3.Promoting Your Business: The Marketing Campaign 4.Searching for Customers: Prospecting 5.(Non-WIBO) Personal Branding & Communications 6.Helping People Buy: Sales 7.Making a Profit: Pricing Strategy 8.Making a Profit: Costs 9.Making a Profit: Financial Decision Making 10.Making a Profit: Purchasing 11.Financing Your Business Growth: Cash Flow & Credit 12.(Non-WIBO) Presenting Your Business for Financing 13.Investing in People: Human Resources 14.Using Other People’s Money: Financing, 15.Controlling Finances: Recordkeeping & Taxes 16.Assuring Lasting Success: Ethics & Law // Licensing Requirements 17.Ensuring Economic Independence: Personal Finance The Curriculum

Workshop Format Tuesdays 6-9pm Downtown Charlottesville Workgroups First half of class Entrepreneurs break into small groups Discuss previous weeks homework Discussion Second half of class Full class discussion Discussion topic follows curriculum each week 6 cicville.org

CIC Also Provides 7 Financing Mentoring Networking cicville.org

8 Financing Opportunities CIC Financed Loan Requires CIC application and approval <10% interest 1-2 year terms on first loan Grace periods, flexibility in terms available Application to loan funds in hand: 4-6 weeks CIC endorsed Kiva Zip Crowd-funded loans Requires CIC application and approval Must raise funds online from your network (10-15 initial lenders), then will have access to national network 0% interest 2 year term on first stage loan Limited grace periods and flexibility Application to loan funds in hand: 6-10 weeks

Mentoring Opportunities 9 cicville.org

Networking Opportunities 10 cicville.org

11 Thank you!

Contact Information 12 (434)