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HomeMy WebLinkAbout07. NWSBDC_TOV_CSE_JAN2019FINALNorthwest SBDC 2019 Programs Education & Enrichment Category Town of Vail CSE Meeting February 6, 2019 Our Mission Image Credit: Innovation Collaborative SBDC Resources Northwest Region Confidential, 1:1 Consulting Expert-Led Workshops Access to Capital WE ARE HERE TO HELP SMALL BUSINESSES START, GROW, AND PROSPER We Make an Impact Regional Economic Impact Progress 2018 2017 Clients Served 145 114 Business Starts 9 4 Jobs Created 65 24 Jobs Retained 114 114 Capital Formed $1,425,800 $274,950 Sales Growth $2,439,500 $729,627 Increased Contracts $3,135,000 $410,200 For every dollar invested in SBDC services in 2018, Northwest Colorado communities reaped $53.84 in economic impact. 2018 Program Successes 85 students 62 net promoter score 20 scholarships awarded 3 CU Leeds Certificate Programs 2018 Program Footprint: Visitor Type Overnight Visitor Seasonal Resident of Vail Valley Full-time Resident of Town of Vail Full-time Down-valley Resident Day Visitor to Vail Program Footprint: Vail Brand Compatibility Northwest SBDC programs support the Town of Vail’s Economic Development mission: “to sustain a vibrant, multi- seasonal economy for those who live, work, and play in the Vail community.” Northwest SBDC programs bring top tier university courses to our region’s population of nascent and existing entrepreneurs, thereby supporting the stimulation of diversity of services and business located in the Town of Vail and contributing to a future of work for our communities. Program Footprint: Vail Brand Compatibility In addition to supporting the Town of Vail’s Economic Development mission, Northwest SBDC programming will help cultivate the Town of Vail’s reputation as a regional hub for destination learning. Through our partnership with the University of Colorado, we hope to continue boosting Vail’s influence as a place to be inspired both physically and intellectually… like nothing else on Earth! Northwest SBDC University of Colorado Certificate Programs: World Class Instruction for Vail, the Premier International Resort Community Program Objectives: CSE Education and Enrichment Programs The primary goal of Northwest SBDC programming is to promote leadership development and opportunities for intellectual advancement within our region’s population of nascent and existing entrepreneurs. Certificate programs are developed with the goal of providing unique and dynamic university-based courses, in concert with doctoral -level thought leaders, representing the various relevant aspects within the field of entrepreneurship. These courses are fast-paced, cost-inclusive, information rich, and applicable to all entrepreneurs and small business owners, regardless of position in the business lifecycle. Program Impact, Testimonials, and Observations “I really appreciated all the opportunities for networking and collaboration. It was great to hear perspectives from individuals outside of the Valley. [The CU Professors] put on a fantastic program! Thank you for making this affordable!” – Establishing Brand Clarity Participant (Vail) “The opportunity to learn from such quality professors alongside like-minded entrepreneurs has equipped my business with the tools I need to grow.” – Demystifying Entrepreneurship Participant (Carbondale) “I never thought my business could be scalable. I now have much greater clarity as to handle our growth and potentially scale.” – StartUp to ScaleUp Participant (Eagle) 2019 Program Goals 75 students 70 net promoter score 26 scholarships awarded 2 CU Leeds Certificate Programs 2019 Programs Women in Entrepreneurship: Growth Hacking University of Colorado Certificate Course May 2019 | Vail, CO Course Objective: This workshop explores how business owners can strengthen their message to target customers through brand clarification and growth hacking techniques. Participants will learn how to implement creative and strategic tools to better define value propositions, leading to greater customer acquisition and retention. 2018 Programs StartUp to ScaleUp University of Colorado Certificate Course Q3 2019 | Vail, CO Course Objective: Designed specifically for second stage small businesses and organizations looking for or needing to shift out of their startup phase and into “what’s next.” Participants will leave with an understanding of how to build and grow their concepts. The program takes learned outcomes from the Demystifying Entrepreneurship course and shifts from developing a successful startup toward organizational growth and advancement. Get tips and tricks for scaling up and stumbling less with a new found understanding of how to advance your concept to the next level. 2019 Events Budget 2019 Northwest SBDC Program Expenses Program Venues $15,000 Marketing + Outreach $15,000 Program Facilitation $11,300 Program F+B $7,800 Program Scholarships $3,250 Lodging + Travel $4,200 Total Expenses $56,550 2019 Events Budget 2019 CSE Request Breakdown In-Kind Venue Support: $3,200 Marketing $3,000 Program Facilitation $2,000 Scholarship Fund $2,500 Professor Lodging $1,300 Total TOV Request $12,000 “No one can whistle a symphony; it takes an entire orchestra to play it.” - H.E. Luccock THANK YOU!