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Bridging the Gap Presentation

Official Stratageum - Bridging the Gap - Stratageum Presentation

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Page 1: Official Stratageum - Bridging the Gap - Stratageum Presentation

Bridging the GapPresentation

Page 2: Official Stratageum - Bridging the Gap - Stratageum Presentation

Bridging The Gapfor

Small, Women, and Minority Owned Businesses

Page 3: Official Stratageum - Bridging the Gap - Stratageum Presentation

America’s Economic Engine Small Businesses

• 35 percent of Fortune 500 companies are family-controlled

• 50 percent of U.S. gross domestic product• 60 percent of the country's employment• 78 percent of all new job creation - Forbes (5/2014)

The Importance of Small Business in Economic

Development

Page 4: Official Stratageum - Bridging the Gap - Stratageum Presentation

State of Minority Business in America

Even though they now make up 29% of all U.S. firms, minority-owned businesses still only

account for 4% of all business revenue in the U.S.

Fast Company (3/15/16))

Page 5: Official Stratageum - Bridging the Gap - Stratageum Presentation

State of Women Owned Business in America

Even though they now make up 32.6% of all U.S. firms, women-owned businesses still only

account for less than 4% of all business revenue in the U.S.

American Express Open (5/2015)

Page 6: Official Stratageum - Bridging the Gap - Stratageum Presentation

Strategic Value of Stratageum

Overview of Services that Stratageum offers that may provide

assistance in increasing Small, Women and Minority Owned

Businesses utilization potentially increasing entrepreneurship,

economic and community development. This is imperative for

sustained economic growth and viability.

Page 7: Official Stratageum - Bridging the Gap - Stratageum Presentation

Strong Aspirational GoalsDefinitive Expectations

Engaged and On-board EmployeesRobust Compliance ProgramComprehensive Reporting

and Benchmarking

Best Practices for Effective Supplier

Diversity Programs

Page 8: Official Stratageum - Bridging the Gap - Stratageum Presentation

Lack of relationships with diverse vendors

Lack of promotion from the decision makers

Lack of buy-in from end-users Taking a risk verses taking a chance

with Diverse SuppliersNegative Perceptions of Diverse

Suppliers (They cost too much or not as good)

Hindrances to a Strong Supplier Diversity

Program

Page 9: Official Stratageum - Bridging the Gap - Stratageum Presentation

Stratageum HistoryStratageum was started in October 2014

Samuel Hayes III – Managing Principal

• Former Director of the Virginia Department of Small Business and Supplier Diversity

• Achieved the highest utilization of small, women and minority businesses providing goods and services to the Commonwealth of Virginia in its history.

Page 10: Official Stratageum - Bridging the Gap - Stratageum Presentation

Stratageum’s MissionThe mission of Stratageum is to

position small, women and minority (SWaM) owned businesses to

successfully provide goods and services to the government,

educational and private industry sectors while engaging governments,

educational institutions and prime contractors to fully utilize these businesses. Stratageum has a

relentless pursuit to "bridge the gap" for SWaM businesses to successfully

compete in the marketplace.

Page 11: Official Stratageum - Bridging the Gap - Stratageum Presentation

Vendor MatchmakingSpecial Projects

Comprehensive Review of Existing Supplier Diversity Programs and

EnhancementsCompliance and Contract Review and

Reporting SWaM Outreach and Business

DevelopmentBuyer and End-User Training

Stratageum Services

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NEXT STEPS

Page 13: Official Stratageum - Bridging the Gap - Stratageum Presentation

CONCLUSIONThank You for Participating with Us Today.

For more info about us please visit:www.stratageum.com

Samuel Hayes III, P.E. | CEO

[email protected](540) 521-8660