![Phase Three: Professional Membership in
Virtual Community Development Association
• The association would be comprised of fee-paying
[TBD] members
• Members would have access to value-added
community and economic development resources
developed specifically for them
• Monthly, on-line Blackboard Collaborate meetings
with topics targeted toward the practical concerns of
businesses or organizations preparing to move from
start-up to the growth stage. Potential topics [TBD]:
– Business Plan Development
– Marketing Concepts
– Account management](https://image.slidesharecdn.com/cdvipresentationfinal-121024074426-phpapp02/85/Cdvi-presentation-final-11-320.jpg)
Cdvi presentation final
- 2. Community Development Virtual Incubator (CDVI) Joseph Angiello, Coordinator, Community and Economic Development Program, School for Graduate Studies Nick Boccolucci, Co-director CDVI, Niagara Frontier Center and School for Graduate Studies Kate Spector, Co-director CDVI, School for Graduate Studies
- 3. Objectives • Explain History and Purpose of Incubators (Joe Angiello) • Describe Empire State College Proposed Community Development Virtual Incubator (CDVI) – CDVI Mission: Joe Angiello – Phase One: Kate Spector – Phase Two & Three: Nick Boccolucci – Phase Four: Kate Spector • Development of the CDVI: Kate Spector • Q&A’s/Suggestions
- 4. History and Purpose of Incubators • 1959: 1st business incubator • 1980: 12 incubators • Today: 1,000, mostly non-profit • Whom Do Incubators Serve? • Approx 50% serve multiple industries • Approx 40% serve technology-related industries • Approx 7% serve manufacturing • Approx 3 % focus on community development • Who Sponsors? • No Sponsor: 20% • Government 16% • Economic Dev Corps: 15% • Academic Organizations: 25%
- 5. Services Provided by Incubators • Facilities • Equipment • Professional services (secretarial, accounting…) • Financing • Knowledge access
- 6. Vision and Mission for ESC’s Community and Economic Development Incubator • Vision Empire State College’s Community Development Virtual Incubator will be an integral part of New York State’s efforts, as well as the efforts of other regions, to support business, government and nonprofit organizations which sustain and are sustained by the larger community which, because of a comprehensive, progressive, proactive approach that embraces needs of all stakeholders, will be freed from constantly seeking solutions to the vagaries of economics. • Mission Empire State College’s Community Development Virtual Incubator will provide of services, resources and programs to support emerging small businesses, public and non-profit organizations primarily throughout New York State.
- 7. Phase One: Electronic Resource Repository & Monthly Presentations Online Resource Repository • A world-class repository of open resources related to community and economic development will be developed and maintained. Resources would include: – Links to relevant literature, libraries and collections. – Links to other relevant sources (examples: Federal, state and local government sites dealing broadly with economic, labor market and small business issues). – Cases on business and economic development issues developed by and for CAED students and faculty. – Recorded monthly presentations on topics relating to community and economic development (see next slide). – Other value-added resources as identified and appropriate for students and CDVI members.
- 8. Phase One: Monthly Presentations • Presentations on a range of issues dealing with community development, organizational issues (challenges to survival, creation of value, need for anticipating change and meeting the increasing demands for client-oriented solutions) and need for organizations to work together toward a comprehensive approach to community problems. • Interactive learning activities including, but not limited to: – Blogs (organized and managed by incubator; run by CAED faculty members) – Case studies (organized and managed by incubator; written by students and CAED faculty members) • Sustainable business resource that would focus upon solutions to business and societal problems that transcend the use of profitability or other traditional metrics as the sole measure of success (organized and managed by incubator with consultation from college faculty and friends of CDVI) • Virtual discussion groups which would serve as resource for CAED student with respect to organizational problems and issues.
- 9. Phase Two: Community Development Virtual Incubator (CDVI) Annual Residency • College-wide student focus; it is likely that this activity will appeal to the following student groups: – BM&E – Public Affairs – CHS – MBA – CAED • Attendance integrated into learning contracts for courses emphasizing: – Organizational sustainability – Success factors in the public, private, and not-for-profit organizations
- 10. Phase Two: Community Development Virtual Incubator (CDVI) Annual Residency • Residency will provide participants the ability to: – Bond with their classmates in-person – Support students’ studies and research projects – Interact with community and economic development practitioners, like the NYS Economic Development Council and other “friends” of the college – Provide time for face-to-face networking with their professors and other department faculty – Deal with issues that affect individually, the public, private, and not-for-profit sectors organizations and collectively, the need for integration of theses three sectors in overall community success
- 11. Phase Three: Professional Membership in Virtual Community Development Association • The association would be comprised of fee-paying [TBD] members • Members would have access to value-added community and economic development resources developed specifically for them • Monthly, on-line Blackboard Collaborate meetings with topics targeted toward the practical concerns of businesses or organizations preparing to move from start-up to the growth stage. Potential topics [TBD]: – Business Plan Development – Marketing Concepts – Account management
- 12. Phase Three: Professional Membership in Virtual Community Development Association • Potential topics cont’d: – Strategic Planning for Small Businesses – Accounting and Tax Considerations – Human Resources Management • Mentoring/coaching option as an add-on for those students, graduates, or business/ organizations who feel that they have the need
- 13. Phase 4: Mentoring Relationship Development • Facilitate mentoring relationships between graduates of the CAED program and students seeking to develop and/or those with newly developed community and economic development initiatives. The role of the incubator would be that of brokering the development of mentoring relationships between those with expertise (within the CAED program (current students and graduates)) and those in need of expertise. • Initially this facilitation would target CAED program graduates and undergraduates and could then be offered to the broader Empire State College community once policies, procedures and methods of operation are developed, implemented and evaluated, and maintained.
- 14. Development of the CDVI • Focus on students and their interests • Commitment to sustainable communities • Concept paper has been presented to the Dean: School for Graduate Studies and approved • Development of Management Plan in process • Anticipated introduction 1Q 2013
Editor's Notes
- #8: Although the Phase One focus will be on the CAED student population, the organization and content of the repository would be developed with the perspective it will eventually serve all students (across Areas of Study) in and outside of the College.
- #9: Monthly Presentations (conducted via Blackboard Collaborate or video conference depending upon economics). Monthly presentations will be made by faculty and/or invited presenters from economic development agencies, business organizations, nonprofits, and students. like Small Business Development Agencies (SBDC’s), the Small Business Administration (SBA), and the Service Corp of Retired Executives (SCORE), Bureau of Labor Statistics (BLS).