Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board...
-
Upload
chike-ukaegbu -
Category
Small Business & Entrepreneurship
-
view
226 -
download
0
description
Transcript of Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board...
![Page 1: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/1.jpg)
URBN YOUTH START-UPS
Information Slides for Interested Mentors, Investors and/or Board
members
![Page 2: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/2.jpg)
As such, we aim to tackle the problems of :
Youth poverty
Youth disconnection
Educational disadvantage
Opportunity divide in New York City's low income neighborhoods.
Re:LIFE’s Mission & GoalsRe:LIFE Inc is a 501c3 Organization that is dedicated to empowering youth through entrepreneurship and education.
We believe that the positive engagement of the mind is the precursor to achieving excellence.
![Page 3: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/3.jpg)
Reengagement Program
EarnLIFE Entrepreneurs Program
Young Entrepreneurs Program
LearnLIFE Success Program
YoungLIFE Entrepreneurs Program
URBN Youth StartUPs
Re:LIFE’s Programs
![Page 4: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/4.jpg)
We strongly believe in our HEROES Model for Youth Development. HEROES is an acronym which represents:
Re:LIFE’s Philosophy
•Heritage
•Education
•Relationships
•Opportunities
•Entrepreneurship
•Service
![Page 5: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/5.jpg)
URBN Youth Start-UP (UYS) is an intensive project-based entrepreneurship program in partnership with The Grove School of Engineering at The City College of New York
The objective of UYS is to introduce students to the rigor and benefits of STEM/STEAM, entrepreneurship, and financial literacy, while allowing them to give back to their communities.
Students who complete the program will be awarded a Certificate of Completion from Re:LIFE.
URBN YOUTH STARTUPs
![Page 6: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/6.jpg)
Mentor/Investor/Board member Orientation dates include Wednesday Sept 17th and Friday, Sept 19th, 2014
Classes will run from Sept 8th through Dec 18th from 6:30-9pm, Mondays through Thursdays.
Program BreakdownDay 1: EntrepreneurshipDay 2: Digital/Internet MarketingDay 3: EntrepreneurshipDay 4: Business Communication/STEMDay 5: Optional Workshops/Office Hours
Day 1 Components:Business Idea Development Business Plan Development Raising Capital Business Presentation
Day 4 Components:Business CommunicationSTEM/STEAM Project
Day 2 Components:Financial StatementsFinancial ModelingInternet/Digital Marketing
Day 3 Components:Pitches & Presentations - Shark Tank AnalysisLife Skills (Mentors) & Guest EntrepreneursSustainability & Green TechnologyWebsite Development - WordpressProject Research
![Page 7: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/7.jpg)
Re:LIFE Inc Students
![Page 8: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/8.jpg)
PunctualityRESPECTDiligence
and Commitment
Passion and Dedication
Sacrifice
Student Responsibilities
![Page 9: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/9.jpg)
STUDENTThinkLearnCommunicateApplyCollaborateSucceed/FailEvaluateReflectRepeat
Student ExpectationsRe:LIFEBusiness PlanLife SkillsSTEM KnowledgeWebsiteDomain nameGeneral Business
KnowledgeFinancial LiteracyMarketing and more
![Page 10: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/10.jpg)
CROWD INVESTORS
All investors contribute a set amount of dollars to the FundPool and in turn, collectively own 3% of profits generated from sponsored businesses.
2014 FundPool Donation: $300
Payment: Investors are required to complete payment within 6 months of making initial payment to enjoy Investor benefits.
Stakeholder Duration: 2014 to 2019 (5 years)
Stakeholder Responsibilities: Attend Stakeholders meeting in April, August and December starting in 2015.
Investing
![Page 11: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/11.jpg)
ANGEL INVESTORS
An Angel Investor can own up to 13 percent of any student business he/she sponsors. This includes the collective 3 percent stake owned by FundPool investors, and an additional stake of up to 10% of any student business the investor sponsors.
2014 Minimum Investment: $1500+ ($300 goes to the FundPool, $1200+ goes to student business)
Payment structure: Investors are required to complete payment within 6 months of making initial payment
Stakeholder Duration: 2014 to 2024
Stakeholder Responsibilities: Attend Stakeholders meeting in April, August and December starting in 2015. Work with student entrepreneur to implement business strategies and ensure business growth.
Investing
![Page 12: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/12.jpg)
Mentorship Goals:1. To help students
acquire knowledge from mentors
2. To help students apply acquired knowledge to their projects
3. To ensure that students complete the program successfully.
Mentoring
![Page 13: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/13.jpg)
1. Communicate with protege(s) at least twice a month to provide support
2. Project Supervision and Management where applicable
3. Optional Life Skills Instruction and Class Assistance
4. Provide Student Progress report
5. Monthly Mentor-Student Meetings/Mixer
Mentor’s Responsibility
![Page 14: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/14.jpg)
Life Skills Workshops
-Business Math -Community Service-Business Etiquette -Spirituality -Creating Opportunities -Public Speaking -Health & Nutrition -Money Management -Legal Rights -Stress/Anger Management
-Employability Skills-Conflict Resolution -Independent Living -Proposal Writing -Business Communication -Attitude, Responsibility and Professionalism-Technology -Digital media production -Graphic Design-Animation
These sessions will run for 30 minutes to 45 minutes per session.
![Page 15: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/15.jpg)
Board of Directors
Advisory Board
Junior Board
Host Committee
Re:LIFE’s Boards
![Page 16: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/16.jpg)
Fundraising
Programming
Strategic Planning and Growth
Legal And Ethical Integrity
Dedicated Involvement
Public Relations and Awareness
Board Responsibilities
![Page 17: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/17.jpg)
INTERNAL AFFAIRS
Committee deals with all internal issues.
1. Accounting & Finance
2. Human Resources
3. Strategic Planning
4. Ethics
5. Programming
Board GroupsEXTERNAL AFFAIRSCommittee deals with all external issues1. Fundraising
2. Marketing
3. Legal
4. Donor Acquisition
5. Community Engagement
6. Public Relations
7. Alumni Engagement
![Page 18: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/18.jpg)
GOVERNANCEThis committee is responsible for the recruitment of Board members and ensuring the effectiveness of the Board.
1. Board Recruitment
2. Board Orientation
3. Board Materials
4. Board Evaluation
Board Groups EXECUTIVEThe Executive Committee organizes meeting agenda and takes care of issues that come up between board meetings. It is composed of at least one officer from each Committee, as well as Co-founders/President and Vice President of Board.
1. Crises Resolution
2. Meeting Agendas
3. Joint Meeting Scheduling
![Page 19: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/19.jpg)
Comprises of volunteers whose mandate is to build a group of 10-15 people from their networks to execute frequent smaller events to increase awareness, engagement and raise money for Re:LIFE.
Host Committee
Creative endeavors
Networking Events
Film Screenings
Theater & Movies
Churches
Restaurants
Happy Hour
Tournaments
![Page 20: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?](https://reader034.fdocuments.in/reader034/viewer/2022051817/54787aa1b4af9f69108b4ce3/html5/thumbnails/20.jpg)
Twitter: @ReLIFEInc; @chikeukaegbu; @kevaughnisaacs;
Instagram: @ReLIFEInc
Facebook: ReLIFEInc
LinkedIn: ReLIFE Incorporated; Chike Ukaegbu; Kevaughn Isaacs
Connect with Us