c 2017 Business Plan Competition May 3, 2017

Agenda Welcome and Introductions Overview of CBHC and Social Enterprise Initiative Business Plan Competition Guidelines Business Plan Training Overview Business Plan Format Questions

Children’s Board of Hillsborough County Established by local referendum in 1988 Independent Taxing District .4589 millage rate Unique to Florida Governed by a 10 member Board $36.3 Million Budget $30.1 Million Program Funding

Vision Hillsborough County will be recognized as one of the top places in the nation to raise children.

Mission The Children’s Board invests in partnerships and quality programs to support the success of all children and families in Hillsborough County Recently changed. Mainly re-worded but still have the same mission

Social Enterprise – What is it? Social Enterprise is any earned income business or strategy undertaken by a nonprofit for the purpose of generating revenue in support of the nonprofit’s social mission.

Business Plan Competition Partnership with the Nonprofit Leadership Center of Tampa Bay Encourage social entrepreneurial ventures by Hillsborough County non profit organizations Business Plan must be for a earned income venture Awards: 1st Place - $25,000 2nd Place - $15,000

Eligibility Requirements Hillsborough County non-profit organization serving children & families Headquarter or doing substantial related business in Hillsborough County Venture may be for a non-profit subsidiary, a for-profit subsidiary or a program of your non-profit organization

Eligibility Requirements One business plan per organization Individuals are not eligible. Business Plan must be for a new earned income venture or a venture that has been in operation for less than 24 months as of 1/1/17. Winners of the 2015 & 2016 competitions are not eligible.

Business Plan Competition Timeline Letter of Intent Due Thursday June 1, 2017 by 4:00PM First Training Session, June 2, 2017 Submit by or e-mail to gilyards@childrensboard.org Subject line: 2017 Business Plan Competition Updates and correspondence will ONLY be sent to organizations that submit Letters of Intent.

Business Plan Competition Timeline Business Plan Submission Due Monday, August 4, 2017 by 4:00 PM Initial Review of Plans – Week of 8/7/17 Presentation by Finalists – 8/28/17 Announcement of Winners @ CBHC Board Meeting on 9/28/17 at 3:00 PM

Business Plan Format Detailed Template of Required Content 81/2 x 11 paper, one-side only, 12 pt font Maximum 20 pages excluding cover page, table of contents, and reasonable attachments Original & 5 copies including all attachments. Original without staples or binding. Copies may be bound and packaged for the reviewers.

Business Training Workshops All workshops offered 9:00 a.m. to Noon Sessions are not mandatory but recommended Workshops are open to anyone from your organization, even if they are not working on the specific venture

Business Training Workshops Workshop 1: Friday 6/2/17 Description of Business Plan Industry and Market Analysis Financial Plan Return on Investment Workshop 2: Friday 6/16/17: Marketing Plan Summary Management Plan Summary Operational Plan summary

Business Training Workshop Workshop 3: Thursday 7/20/17 Business Goals & Objectives Packaging Your Plan Feedback on Business Plan Group Coaching

Ongoing Support 1:1 coaching Draft reviews with feedback Presentation practice & feedback Contact: Tuesdi Dyer tdyer@nonprofitleadershipcenter.com 813-287-8779

Crystal Bailes GEMS Transitions Candles 2016 1st Place Winner Crystal Bailes GEMS Transitions Candles

Eleanor Saunders ECHO ECHO Handmade 2016 2nd Place Winner Eleanor Saunders ECHO ECHO Handmade

Business Plan Competition Question??

Contact Information Shelton Gilyard Children’s Board (813) 204-1728 gilyards@childrensboard.org Tuesdi Dyer Nonprofit Leadership Center (813) 287-8779 tdyer@nonprofitleadershipcenter.com