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June 4 2003 Student Team: Jane Cochran Chris McDonald Kathy Sabin Team Advisor: Guillermo Cano
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Began May 8 th, 2002 as an “Idea Exchange” Development of Board of Directors George Northcroft – President Rob Clancey – Vice President Walter Freytag – Vice President Ellen Miller-Wolfe – Secretary Mike Luiten – Treasurer Involvement of BCC and UW Bothell students 5 businesses and the BEC have been served by teams in the last 6 months
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Challenges Undefined target market No brand identity Need to define BEC services and operational resources Outdated/non-quantified data Focus of primary research Student team involvement only 10 weeks Deliverables BEC Website BEC Collateral Community Contact Database Business Database Event Creation & Planning
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Target Market Women and minority-owned business on King County’s eastside with fewer than 100 employees Minority owned businesses have grown at double the rate of all other businesses 153% increase in entrepreneurial startups by minorities Between 1997-2002, women- owned business increased by 19% Minorities comprise 25% of Bellevue’s population but only 12% of businesses
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Northwest Entrepreneur Network Non-profit professional organization offering networking opportunities Focus on access to resources and funding Weakness: Fee-based memberships Small Business Development Center – Bellingham, Washington Non-profit organization funded by Western Washington University Support services in finance, management and international trade Weakness: Location served outside King County SBA-Cisco Systems-San Jose Entrepreneur Center Collaborative effort with non-profit, public and private sectors Focus on access to resources and funding Weakness: Centered on high-tech industry
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Feature Full Time Employees -+++ No Fees +--- Educational Assistance +--- Diversity Focus +-+- Community Resources ++++
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Develop services offered by the BEC Define business flow for the BEC operational resources Develop consistent branding and guidelines for use by the BEC Logo BEC website Collateral
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Business Consulting Financial Management Business Loans/Capital Accounting Legal Employment Contracts & Lease Sales & Marketing Business Plan Marketing & Positioning Human Resources & Administration Hiring & Unemployment Licensing City, County & State Taxes Networking B2B Vendor Relations Technology & Education Internet & Websites eCommerce Educational Partners
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Bellevue Entrepreneur Center Business Counseling BEC Counselors SCORE SBDC Volunteer Professionals Licensing Websites BEC Counselors BEC Seminars Networking BEC Events Technology BEC Counselors SBA Training BCC Extension Programs Student Assistance BCC UW Bothell City University EDP Bellevue Chamber Banks & Lending Venture Capital
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BEC Logo Variations, colors and guidelines for use Collateral Business cards Letterhead Company Website www.beconline.org
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Database creation and maintenance Partnerships Business Partners Educational Partners Community Partners Event creation and development
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Database creation and maintenance New Business Database Over 3000 businesses started in last 15 months in Bellevue alone Community Contact Database Comprehensive tracking of community leaders and organizations
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Corporate/Regional Microsoft, Starbucks, Amazon, Boeing, Expedia, Colors Northwest Professional Rotary Clubs, Ethnic Bar Associations, Minority Business Council Educational City University, Sammamish High School, WSU, Bellevue School District Community Eastside Women’s Center, NWEN
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JumpStart™ Monthly Individuals ready to start new businesses Licensing & regulations “Next steps” for business owners BEC & SCORE business counselors Small Business Resource Connection Quarterly Established businesses in various stages of life cycle One-on-one assistance with counselors in BEC areas of focus BEC & SCORE business counselors, translators & EDP representatives
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Round Table Discussions Bi-Monthly Established businesses in various stages of life cycle Professional educators lead informal discussions on various business topics Professors & instructors from BCC and UW Bothell BEC Seminars Bi-Monthly New or established businesses Lecture and discussion driven by consumer needs and resource availability Professionals with expertise in specific topic or industry
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BECA Awards Clients, Partners & Community Liaisons Celebration of BEC accomplishments and economic impact for previous year Acknowledgement of contributions by partners and community liaisons Client award for innovative accomplishments
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Bellevue Entrepreneur Center 1 st Anniversary Event Thursday, June 26 th, 2003 4:30 – 6:30 PM Bellevue Community College North Campus 10700 Northup Way
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