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

2. 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

3. 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

4. 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

5. 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

6. 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)

7. 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

8. 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

9. 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.

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

11. 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

12. 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

13. 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

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