Defining the telework program microenterprise and mdos micro development organizations
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Defining the Telework Program, Microenterprise and MDOs (Micro Development Organizations). TW Fund Checklist.  The applicant experiences a disability  The applicant’s disability creates a barrier to employment  The applicant’s proposed work overcomes that barrier

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Tw fund checklist
TW Fund Checklist

 The applicant experiences a disability

 The applicant’s disability creates a barrier to employment

 The applicant’s proposed work overcomes that barrier

 The work can effectively be performed at the proposed location

 The proposed work location is appropriate based upon its relationship to the proposed work

 The equipment to be purchased with the loan is necessary to make that form of work possible at the proposed location

 The loan increases access to technology or equipment

 The loan increases employment opportunities and competitive employment outcomes

Primary employment goal at time of application was to:

 Become newly employed in telework for an employer

 Become newly self-employed

 Change to teleworking job for an employer

 Change to self-employment job

 Expand existing business

 Other, brief description: Maintain Employment


Tw program categories
TW Program Categories

  • Employment related

  • Pre Start Up

  • Credit builder

  • Start Up (Micro and Small)

  • Existing Businesses (Micro and Small)

  • IDAs


Business plan guides
Business Plan Guides

  • Before you start writing…

  • Feasibility Analysis Outline

  • Business Plan Outline

  • Business Plan Worksheets

  • Business Plan Template

  • Cash Flow Projections


Mdo range of services
MDO Range of Services

  • Microenterprise Development Organizations (MDOs) provide a range of services, depending upon their mission, philosophy, and funding

  • The range includes the core services of Training, Technical Assistance (TA), and Credit


Range of mdos
Range of MDOs

  • Some MDOs provide just training and/or TA, some provide just lending, and others provide any combination of all the core services, as well as additional services such as IDAs and tax preparation.


Videos
Videos

  • http://mac-sa.org

  • http://biznik.com/shine


Training service range
Training Service Range

  • Training services include personal effectiveness, economic literacy, and business training (business basics includes market research, cost analysis, financial projections, marketing plan, and record keeping)

  • Delivery includes classes and group work, one-on-one, webinars, and self-study

  • Services may be provided in house or through partner organizations


Business training
Business Training

  • A written business plan often the goal of training

  • Many curricula available

  • Multi-week course, 8 – 30 hours

  • Usually delivered prior to business start-up or in early stage of business


Technical assistance
Technical Assistance

  • Usually specific issues related to specific business

  • Delivery Varies: provided to individuals or groups through staff, consultants and mentors

  • Can be broad or specialized

  • Before and/or after loan disbursement


Credit service range
Credit Service Range

  • Loan Size ranges from $500 - $35,000

  • Delivery Methods include peer lending, individual loans, credit builder loans, and lines of credit

  • Underwriting requirements vary depending upon policies and loan size


Client demographics range
Client Demographics Range

  • Entrepreneurial Demographics – startup vs. existing businesses, income level (TANF recipients, low/mod income, working poor), minorities, women, youth, people with disabilities, immigrants

  • Geographic Regions - rural, inner-city, certain counties, state-wide, economically depressed areas

  • Business Sectors – child care, food sector, etc.


Program operations range
Program Operations Range

  • Some MDOs are stand alone

  • Some MDOs are housed within another organization that serves their demographic

  • Examples are Community Action Programs (CAPs), YWCA’s, and Economic Development agencies


Summary
Summary

  • Entrepreneur must be motivated and want to build a business

  • Training is critical, can be delivered in small groups or individually

  • Training helps entrepreneur think through all elements of business


Summary1
Summary

  • Partners are critical

  • No program can meet all the needs of all the clients

  • Start identifying those partners now (SBDCs, MDOs, Mentors, Consultants)

  • Get to know the service providers personally


Resources
Resources

  • AEO www.microenterpriseworks.org

  • State Microenterpise Associations

  • FIELD (Aspen Institute) www.fieldus.org

  • Business Resource List