HomeMy WebLinkAboutGoalsATTACHMENT 3 of 4
Minority Business Enterprise Center Goals
How many city businesses will be helped
o How many businesses are helps via technical assistance and one on one sessions
and trainings?
1. Total Program - Average of 450.Businesses served annually - past 3 years
(Grant Requirements 190) Between 60% and 65% are within the City of
Miami (12 -month period) This would be over 270 businesses within the city.
2. Direct Technical Assistance and one-on-one sessions - 210 Businesses
served annually. 70% are in Miami -Dade County with Roughly 60%,
sometimes 65% from within the City of Miami. City's Proposal should
indicate 115 to 120 to be served. (12 -month period)
o How many jobs will be created?
1. The program calls for 37 jobs the first 9 -month period and 66 for the 12 -
months of 2009.
2. We have always exceeded those goals. Again it is conceivable that those
number of jobs will be created (and be surpassed) within the City of Miami.
o How many contracts obtained
1. Our goal for contracts are in value (not number of contracts)
2. The goals are $12.781,000 million for the 9 -mo period in 2008 and
$17,041,000 for 2009. It is more difficult to pinpoint which businesses will
get contracts, but we can use a 406/o measure for the City of Miami.
o Loans created/obtained?
1. Our financial goal for loans/bonding, etc. are in value (not number of
approvals)
2. The goals are $8,519,500 for 2008 and $11,359,500 for 2009
o Increase in Sales
1 We have a goal for Increase in Sales - $1,119,000 in 2008 and $1,492,000 in
2009. These can be achieved in the City of Miami alone.
o Seminars/sessions administered?
1 This is not a required goal under the MBEC program. However, we have
instituted a weekly seminar goal (standing Wed. seminars and others to be
co -hosted)
2 Our self-imposed goals 2008 - 32 weekly seminars; 3 quarterly; 1 grand
opening and 1 major MEDWeek Conference = 37 group sessions,
3 2009 - 40 weekly seminars; 4 quarterly and 1 MEDWeek = 45 group
sessions
Target market:
Ethnic minority owned firms, with an emphasis on those earning $500,000 or more in sales, and/or
firms showing rapid growth potential (Strategic Growth Initiative or SGI firms). Overall, the
program's fee schedule is based on serving companies from below $100,000 in sales to over
$5,000,000.
Where a small business that is not ethnic minority-owned would fit? That is where M. Gill &
Associates would come in to provide that service, and if there is a cash contribution for fees, we
would provide those services free of cost.
ATTACHMENT 4of 4
Minority Business Enterprise Center Layout at The Manuel Artime Community Center 4th Floor
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Minority Business Development Center Concept Design
Spomaad b/ du Glry of Miami, ACCESS Miami 8 Operated 11 K Gill 8 Asaoda*s
L=ion nt tM Artime Commmity Center Bu7d'w - 970 SW 7 St.
Pmpaed by Mam Paco, August 2006
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