February 7, 2014

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MISSION:MISSION: To Provide Experienced-Based Entrepreneurial Training and Mentoring to Veterans & Non-Veteran Members

VISION: VISION: To be the Small Business Entrepreneurial Training Institute of Choice

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GOALS 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

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 Overall ConceptOverall Concept

• Phase I – RMOA Pilot Program (10 RMOA Fellows Max)

• Phase II – Separate RBI Non-Profit (100 RMOA Fellows Max)

Continuous on-ramp and off-ramp

Annual Graduation Ceremony

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Phase I Phase I (18 Feb 13)(18 Feb 13)• 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 Platform Instructors•Establish Mentors Group

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Phase I Phase I (Cont.)(Cont.)• Establish RBI as a 501(c)(3) Educational Non-Profit

• Establish MOU’s (SBA, SBDC’s)

• Begin Community Outreach &Publicity Campaign

• Begin to Identify Funding Sources ( Grants, Sponsorship, GI Bill, MOU’s, Other)

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Promotion and Recruitment

Promotion and Recruitment

ApplicationApplication

Intake & AssessmentIntake & Assessment

Completion of Curriculum

Completion of Curriculum

Internship at RMOA Member CompanyInternship at RMOA Member Company

IncubationIncubation

GRADUATIONGRADUATION

Support of RMOA

Advisor/Mentor

Support of RMOA

Advisor/Mentor

Support of RMOA

Advisor/Mentor

Support of RMOA

Advisor/Mentor

Support of RMOA

Advisor/Mentor

Support of RMOA

Advisor/Mentor

RBI ProgramRBI Program

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Phase II Phase II (TBD)(TBD)

•Activate RBI as Separate Organization

•Hire (Volunteer-to-Hire) Executive Director

•Develop Business Plan W/Budget

•Finalize Organization and Functions Manual

•Add Staff (When Affordable)

•Operate RBI as Self-Sustaining Educational

non-Profit (Reports to RMOA)

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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.

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Lecture/Demo Instruction•Legal Form of Organization – Instructor: Darryl Jordan/Donnellda Rice•Finance and Tax Considerations for Start-up – Instructor: Greta Tosi-Miller•Human Resource and Benefits Planning – Instructor:?•Technical Proposal Preparation – Instructor:?•Price Proposal Preparation – Instructor: Annette Johnson•Bank Package Preparation- Instructor?•Marketing and Capture Planning – Instructor?•Other

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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

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Summary

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• 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• Phase II Price – TBD• 501(c)(3) Educational non-profit

organization• Sponsorships, grants, donations, MOU’s are

key