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N Central Massachusetts
Community Wealth Workshop Series
Program Overview
Schedule
Participating Organizations
Contact Us
Program Overview
The N Central Massachusetts Community
Wealth Workshop Series wrapped up on September 17th with business
plan presentations by participating organizations. The Workshop
Series is a 6-month business planning process that
helps high-performing nonprofit organizations develop and grow
social enterprises. Nonprofits selected to participate are engaged
in a rigorous business planning process and gain access to tools,
frameworks and business experts to help them launch a new business
or expand an existing business. Workshop Series participants build
social enterprises while honing business skills, empowering them to
have a lasting impact on their nonprofit organizations.
The goal
of the Workshop Series is for all participants to complete a
business plan and launch or grow a viable business. The revenue
generated from the business provides the nonprofit organization with
more independence in creating programs and services to fulfill its
mission.
The
Workshop Series consists of monthly peer learning sessions and
customized consulting phone check-ins.
Peer Learning Workshops
The Workshop Series kicks-off with
a two day workshop and five subsequent one-day workshops focused on
key business topics that contribute to the development of a
successful earned income venture. Topics covered include: market
research, financial analysis, competitive analysis, pricing and
capitalization. In addition, each session features a notable
business expert who serves as a guest speaker, sharing his/her
personal stories and success and challenges. These workshops are
conducted once a month during a six-month timeframe.
Customized Consulting Phone Check-Ins
The CWV consultant team offers three
one-on-one phone check-ins with each of the six to eight participating
organizations to assist the teams in applying the concepts learned
during the peer learning workshops to their own ventures and
organizations.
To assist N Central Massachusetts
nonprofits develop and grow social enterprises, the United Way of
North Central Massachusetts and Mount Wachusett Community
College have partnered with Community Wealth Ventures to launch
the N Central Massachusetts Community Wealth Workshop Series.
Benefits of Participation
Workshop Series participants receive business planning and venture development assistance, which
result in a focused business plan to guide the growth of the
venture. Other benefits include:
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Access to experts in the fields of
social enterprise and business development;
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A proven methodology for planning
and launching a social enterprise, along with assessment tools
and research support; and
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In-depth monthly interaction and
collaboration with peer nonprofit organizations.
Schedule
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Peer Learning
Date |
Telephone
Check In |
Focus |
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April 29
and 30 |
Week of
May 12 |
Welcome
and Overview
Goal Setting
Market Research
Financial Modeling #1 |
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May 28
|
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Marketing
#1 |
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June 25 |
Week of
July 7 |
Marketing
#2 |
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July 30 |
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Operations, Management and Personnel Planning |
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August 20 |
Week of
September 2 |
Financial
Modeling #2
Capitalization |
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September
17 |
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Venture
Plan Presentations |
Participating Organizations
Cornerstone
Performing Arts Center
www.christianartsfitchburg.com
The Cornerstone Performing Arts
Center is a multi-denominational, non-profit Christian organization
dedicated to inspiring, educating, and entertaining through theatre,
dance, and music.
Venture: Earned income from theatre
productions.
House of Peace and Education (HOPE)
www.hopegardner.org
The House of Peace and Education is a
nonprofit interfaith organization committed to counteracting
violence and promoting peace. In a safe, welcoming, and nurturing
environment, HOPE offers academic support, leadership development,
empowering relationships, and spiritual values to people in need,
especially to women and children at risk.
Venture: Expansion of Pals, the early
childhood segment of their HOPE for Kids program to include
fully-paying and subsidized children. Pals will focus on the
socio-behavioral support of Grade K-2 children and will provide
support to parents through HOPE’s integrated parenting program.
Multi-Service Center
www.multiservicecenter.org
The Multi-Service Center exists to
identify and serve the unmet needs of the North Central
Massachusetts community by building purposeful relationships and
emphasizing wellness and prevention.
Venture: Expansion of their existing
Summer Scene and Winter Scene youth theater programs.
The Bridge of Central Massachusetts, Inc.
www.thebridgecm.org
The Bridge is a vital leader in
providing comprehensive human services in collaboration with
multitalented and diversely challenged individuals and their
families. Building on more than 30 years of experience, they
advocate for individuals to become full partners in the experience
of lifelong learning, meaningful relationships, productive work, and
community living. This mission translates into a strong corporate
ethic; The obligation to provide treatments that have been proven to
work – Evidence-Based Practices.
Venture: Consultation and training
services in Evidence-Based Practices – treatments.
Young Entrepreneurs Society, Inc.
www.yes-inc.org
The mission of the Young Entrepreneurs
Society, Inc. is to help young people ages 13-21 in the rural North
Quabbin and greater Franklin County regions unlock their potential
through entrepreneurship, job readiness, finance, and technology.
Venture: Expansion of its existing
venture, the YES BizCenter / Teen Cyber Café, which offers full
service copying, document finishing, faxing, notary services, office
supplies, FedEx and UPS shipping, bulk mailing, and
non-library-based wireless and wired public high-speed internet
access.
Contact Us
Nicole Hanrahan
202.478.6566
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