bridge 2 opportunities, llc capital strategy for the florida-georgia district
TRANSCRIPT
Bridge 2 Opportunities, LLC
Capital Strategy for the
Florida-Georgia District
WELCOME
Purpose for This Webinar
Why are we here?
State of the State
What is our collective need?
Steps of Evaluation and District Position
How did we reach our position?• Identification– How did Bridge 2 Opportunities get on our radar...
• Evaluation– What we saw them accomplish...
• Assessment– What we went through in considering them...
• Decision– We have decided to endorse them and recommend
engagement...
Introduction
How will Bridge 2 Opportunities Help US…
Focus
Tax Credits• Opportunity– Georgia - $58 Million Fund– Florida - $229 Million Fund
• Goal– $25,000 per school– Commitment is currently for GA Schools only; how
or if we can impact FL Step Up Program is to be determined
Focus
Grants• Small
– Opportunity• Universal Fit; Low Doc; Moderate Dollar Output; Short Turnaround
– Goal• $20,000 per school
• Large– Opportunity– Targeted Fit; Detail Proposals; High Compliance Requirements; Require
Matching and Bridge Funding; Capacity Building and Long Range Planning; High Dollar Output; Long Turnaround
– Goal• TBD
Examples of Small GrantsFunder Description Maximum
Award Special Notes Deadline
Toshiba America
Awards grants to K-5 teachers in support of hands-on science or math education projects. Grants funds may be used for project-related material only.
$1000 Different from 6-12 grant
10/1/2013
Toshiba America
Science and math teachers for Grades 6 -12 may apply for grants to support classroom science and math education.
$5000 Endorsement from a school official is required
Open
Foundation for Technology and Engineering Education ITEEA
The grant is for a technology and engineering teacher at any grade level (K-12). Its purpose is to recognize and encourage the integration of a quality technology and engineering education within the school curriculum. Grant will be used for professional development.
$2000 Applicant must be an ITEEA member and register for ITEEA Annual Conference
12/1/2013
Areas of Responsibilities
B2O will...• Plan • Implement• Execute Outreach• Manage Follow-up• ReportFL-GA District will...• Monitor Progress• Hold B2O Accountable to Commitments• Provide Feedback to B2O• Provide Introductions to Areas of influenceSchools and Congregations will...• Provide Localized Profile Information• Provide Introductions to Areas of influence• Provide Feedback to District• Implement On Site Efforts
Plan of Action
Phase 1• Program Set Up• Data CollectionTiming• August-September
Plan of Action
Phase 2• Program Launch– Tax Credit
• Rollout• Training• Communication• Outreach
– Grant• Opportunity Research• Application
Timing• September-November
Plan of Action
Phase 3• Implementation and Follow Through– Tax Credit
• Communication• Outreach• Processing
– Grant• Opportunity Research• Application
Timing• November-March
Keys to Success
• Planning• Buy In• Communication• Timely Execution• Follow Through
Investment
Initial Cost• $200 per month / per school for 6 MonthsSuccess Fee• 10% of Funds DeliveredReturn On Investment (ROI)• Success Fee is NOT Paid Until Initial Cost Plus
20% is Reimbursed
Q&A
What Are The Next Steps?
THANK YOU
Contact Information
Charles WilkinsonBridge 2 Opportunities, LLC