 GREATER
CINCINNATI / NORTHERN KENTUCKY COMMUNITY WEALTH
COLLABORATIVE |
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| Read the latest Press Release on the Greater Cincinnati/Northern Kentucky Collaborative: |
| "New Initiative Helps Nonprofits Take Control Over Their Financial Future" |
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| Program Overview |
| Collaborative Schedule |
| Participating Organizations |
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Q&A from July Information Session |
| Contact Us |
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PROGRAM
OVERVIEW |
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| The Greater Cincinnati / Northern Kentucky Community Wealth Collaborative is a 10-month business planning process that helps high-performing nonprofit organizations develop and grow social enterprises. Nonprofits selected to participate are engaged in a rigorous business planning process and gain access to tools, frameworks and business experts to help them launch a new business or expand an existing business. Collaborative participants build social enterprises while honing business skills, empowering them to have a lasting impact on their nonprofit organizations. |
| The goal of the Collaborative is for all participants to complete a business plan and launch or grow a viable business. The revenue generated from the business provides the nonprofit organization with more independence in creating programs and services to fulfill its mission. |
| The Collaborative consists of monthly peer learning sessions and one-on-one consulting for management teams. |
| Peer Learning Sessions |
| Once a month, Collaborative participants gather for an interactive peer learning session. Each session focuses on an important aspect of business planning, including: market research, financial analysis, competitive analysis, pricing and capitalization. In addition, each session features a notable business expert who serves as a guest speaker, sharing his/her personal stories, successes, and challenges. |
| Customized Consulting |
| Once a month, the Community Wealth Ventures and Center for Nonprofit Management consultants offer one-on-one consulting to participating venture management teams. The customized sessions leverage the collective potential of the team to make sound business decisions. The meetings are often working sessions whereby the consultants facilitate business strategy decision making, in addition to helping participants create data collection templates, analyze data, and edit sections of the business plan. |
| To assist area nonprofits with earned income, The Greater Cincinnati Foundation; The Carol Ann and Ralph V. Haile, Jr./U.S. Bank Foundation; Macy’s Inc.; Manuel D. & Rhoda Mayerson Foundation; Ohio Valley Foundation Fifth Third Bank, Agent; and an anonymous foundation have partnered with Community Wealth Ventures to launch the Greater Cincinnati / Northern Kentucky Community Wealth Collaborative, an exciting 10-month project focused on assisting nonprofit organizations in developing and growing earned income ventures. |
| Benefits of participation |
Participating organizations benefit from intensive, customized assistance from experienced business consultants, which results in a focused business plan to guide the growth of the enterprise. Other benefits include: |
- Opportunity to engage with nationally recognized business leaders
- Use of a proven methodology and tools for developing a social enterprise;
- Access to research support; and
- In-depth monthly interaction with peer organizations.
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| Requirements of participating organizations |
| Participants are expected to make the development of a social enterprise an organizational priority and dedicate necessary staff time to support the project. Participants are required to keep up with assignments and attend all peer learning and customized consulting sessions. |
| Additionally, organizations are required to pay a $7,500 participation fee to help cover the project’s costs. The majority of the project is funded by the funding partners listed above. |
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COLLABORATIVE SCHEDULE |
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Peer Learning
Session
Date
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| September 9, 2008 |
September 22 - 25, 2008 |
Goal Setting and Research Preparation |
| October 7, 2008 |
October 20 - 23, 2008 |
Market Research and Planning |
November 6, 2008
*Please note the date change from November 4th. |
November 17 - 20, 2008 |
Stakeholder Management and Financial Analysis |
| December 9, 2008 |
January 12 - 15, 2008 |
Marketing: Industry Analysis and Custome |
| February 3, 2009 |
February 17 - 20, 2009 |
Marketing: Competitive Analysis, Product and Positioning |
| April 7, 2009 |
April 20 -23,
2009 |
Operations and Management Planning |
| May 19, 2009 |
June 8 - 11,
2009 |
Financial Modeling and Capitalization |
| July 14, 2009 |
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Business Plan Presentations |
| January 13, 2010 |
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Implementation Planning |
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PARTICIPATING
ORGANIZATIONS |
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Beech Acres Parenting Center
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| www.beechacres.org |
| BAPC helps parents see and develop confidence in their strengths and plan positive ways to turn those strengths into skills. They empower parents to guide their children’s discovery and development of their own unique strengths so that they may succeed and thrive. BAPC’s approach to parenting is positive, comprehensive, proactive, and customized to the unique needs and goals of each family they serve. With this intentional approach and their comprehensive range of resources, they expect that the number of families in crisis will decrease, and the number of children, families, and communities that succeed and thrive will grow. |
| The Venture: Launch and refinement of MyParentingSource®, a virtual representation of BAPC’s vision for an intentional, strength-based “parenting center.” |
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CHILDREN INC. |
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| www.childreninc.org |
| Children, Inc. provides developmental experiences for children in a variety of settings, partners with families to extend these developmental experiences and collaborates with the community to create opportunities that strengthen all families. |
| The Venture: Children’s music ecommerce site. |
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CLERMONT COUNSELING
CENTER / FAMILY SERVICE |
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| www.servingfamilies.org |
| www.clermontcounseling.org |
| Clermont Counseling Center helps people heal from the physical, psychological, and social impact of mental health problems. They envision a time when people can seek help for their mental health problems early, easily, and affordably, free of stigma. |
| Family Service engages children, families, and
adults as partners so they achieve educational, emotional
and occupational success. Family Service collaborates with
community partners to provide a continuum of services.
Together, they strengthen the community—one child, one
family, one adult at a time. |
| The Venture: Performance psychology counseling services to athletes. |
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EASTER SEALS WORK RESOURCE CENTER
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| www.eastersealswrc.org |
| www.buildingvalue-cincy.org |
| Easter Seals Work Resource Center empowers people with disabilities and disadvantages to improve the quality of their lives through work. ESWRC provides job training and social adjustment skills services to greater Cincinnati residents through 17 programs and collaborative efforts. Participants include people with disabilities, people who are chronically un-/underemployed and underserved youth transitioning from school to work. |
| The Venture: Expansion of Building Value, a job-training venture that salvages quality building materials from demolition and remodeling projects for resale in a public retail center. |
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EVERYBODY RIDES METRO |
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| www.everybodyridesmetro.org |
| The mission of Everybody Rides Metro is twofold – first, to provide transportation fare subsidies to low-income individuals by underwriting at the appropriate level, fare purchases from the Southwest Ohio Regional Transit Authority (SORTA), a political subdivision of the State of Ohio. The second is to provide resources to acquire advanced technology to improve the environment, through making public transportation more sustainable. |
| The Venture: Carbon Credits |
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HEALTH IMPROVEMENT
COLLABORATIVE |
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| www.the-collaborative.org |
| www.cincinnatiMDjobs.com |
| The Health Improvement Collaborative leads systemic change to improve public health, improve health care delivery and reduce health care costs in Greater Cincinnati through collaborative leadership in issue identification, program development and delivery, and outcomes reporting and measurement. |
| The Venture: Cincinnati MD Resource Center - a central repository of physician jobs whereby staff works with employers to recruit (or retain) physicians to Cincinnati. |
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HEALTHSOURCE
OF OHIO |
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| www.healthsourceofohio.com |
| HealthSource of Ohio is a not-for-profit primary care organization consisting of medical, dental, and mental health services. They seek to bring to the people of Southwest Ohio a comprehensive, exceptional quality of health care that responds to the needs of the community. Since 1976 HealthSource of Ohio has dedicated itself to a single mission: providing comprehensive, community-based primary care services to residents of small, predominantly rural towns throughout southwestern Ohio. Their health centers have offered dependable, affordable health services with a firm commitment to high medical standards and ideals while being responsive to the changing community needs with the goal of improving the health status of the communities we serve. |
The Venture: Alternative Therapy services, including massage therapy, acupuncture, healing touch, and reflexology, among others. |
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CONTACT
US |
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| For more information, please contact us at
info@communitywealth.com. |
