Travis Miller and Kim Mitchell of the Rochester Schools Modernization Program (RSMP) interviewed with Brennan Sommers of News 10 to discuss the upcoming cycle of the Business Opportunities Program. The Business Opportunities Program is a free business development program geared specifically toward giving small, disadvantaged, minority and women-owned businesses the tools and information they need to grow and develop their business, and participate on municipal contracts, such as the RSMP.
Registration is now open for Cycle 5 and includes the following:
· Comprehensive Instructional Series An 18-week program, consisting of two class sessions per week. Classes are held during the evening and are FREE of charge. Topics include Business Development, Procurement, Project Management, Business Operations, and Capital Financing. In order to qualify, one must have a legally registered business (minimum D/B/A) that has been in existence for at least six months and secured at least one contract or client. A certificate is awarded upon completion and successful candidates then have the opportunity to participate in the Mentor/Protégé Program.
NOTE: You do not have to own a construction-oriented business to enroll.
· Mentor/Protégé Program A six-month FREE program which facilitates training and mentoring in a practical, tutorial, one-on-one manner intended to produce long term positive impacts. Candidates “learn the ropes” of how to run a successful business and how to overcome barriers that typically inhibit or restrict businesses. Special attention is given to certified M/W/D/SBEs who are subcontracted for roles on Phase 2 of the RSMP.
· Revolving Loan Program A loan program designed to help eligible businesses meet their short-term working capital needs on RSMP projects. With access to a disbursement of $10,000 per occurrence, a loan can be used to finance direct costs of performing under contract with RJSCB, including payroll, supplies, equipment, and other overhead. The Revolving Loan Program Committee will review all applications within 3 business days. There are no credit checks and 0% interest with only a minimal administrative fee applied.
To apply, visit them online at www.rsmpnews.net. The application deadline is August 6, 2018. For more information, contact Kim Mitchell, Coordinator at firstname.lastname@example.org.