“DOING BUSINESS IN ALABAMA” LOGIC MODEL PROBLEM SUBPROBLEM(S) ACTIVITIES OUTPUT MEASURES OUTCOME MEASURES Short Term | End of Year 1 Mid Term | End of Year 3 Long Term | End of Year 5 Female and Minority LACK OF COMMUNICATION “Doing Business Series of assessments, intensive Program Participants: Program Participants: Program Participants: AND SUPPORT NETWORK COMMUNICATION / SUPPORT NETWORK: COMMUNICATION / SUPPORT NETWORK: COMMUNICATION / SUPPORT NETWORK: Business Owner, in Alabama” Minority supportive services and technical ▪ Establish network and support ▪ Establish network and support ▪ Establish network and support Entrepreneur and LACK OF EDUCATION AND Business Training Cohort assistance as it relates to Access systems with accountability systems with accountability systems with accountability Nonprofit Leader UNDERSTANDING Pilot Project to Capital, Business Plans, (Locally & Statewide) (Locally & Statewide) (Locally & Statewide) Economic Inequality ▪ 5 Cs of Credit: Certifications, Finances, ▪ Stay regularly informed of ▪ Stay regularly informed of ▪ Stay regularly informed of and Barriers to Entry Character, Capacity, Government Contracts, Legal, opportunities, trainings, and opportunities, trainings, and opportunities, trainings, and Capital, Conditions and Marketing, and Taxes for 300 workshops workshops workshops ▪ Business Coaches ▪ Business Mentors Collateral minorities over a five (5) year ▪ Proficient at delivering a business ▪ Proficient at delivering a business ▪ Business Competencies period where we will measure Pitch Pitch ▪ Contract Procurement our effectiveness by participant: ▪ Understand importance of ▪ Understand importance of ▪ Loan Process & Increased Credit Scores, Contract networking & partnerships networking & partnerships Requirements Procurement, Staff Increase, and ▪ Active member in industry related ▪ Active member in industry related Office Space Expansion. associations associations PERVASIVE POVERTY ▪ Substandard Housing EDUCATION: EDUCATION: EDUCATION: ▪ Participate in Financial Literacy ▪ Participate in Financial Literacy ▪ Participate in Financial Literacy ▪ High School Dropouts Annual event held every October Empowerment Summit Workshops Workshops Workshops ▪ Low College Enrollment ▪ in Birmingham, Alabama to share ▪ Participate in Business Trainings ▪ Participate in Business Trainings Participate in Business Trainings GOAL(S) ▪ Mass Incarceration and Workshops and Workshops information, promote the and Workshops ▪ Juvenile Delinquency ▪ Employ best practice models ▪ Employ best practice models ▪ 50% - 75% achieve a credit score importance of education through Establish Core ▪ Restrictive Voting Laws ▪ Participate in Contract ▪ 30% or more achieve a credit score of 650 or more Alabama HBCU’s, shine a positive Business Procurement Workshops of 600 or more ▪ Employ best practice models UNDERCAPITALIZED light on Nontraditional Career Competencies ▪ 30% or more complete ▪ 50% or more complete COMPANIES Options & Growth Industries, Certifications and/or Degree Certifications and/or Degree ▪ Low Loan Approval AND and highlight Workforce ▪ Stable Home Environment ▪ 50% or more transition to a higher Access to Capital Contract Procurement Development Opportunities with income bracket Rates at least 1200 minorities (Example: from Low to Moderate) Secure AND ▪ Low Sales & Profits, ▪ Generational Wealth Track Successfully Execute Inability To Produce o 50% increase in assets Contract Opportunities for Annual Symposium held each Contracts Additional Jobs o Homeowner Minority Women: Your YES February to share Federal, State, o Scalable Business ▪ Most Likely To Fail is Closer than you think! County, City, and Corporate Growth Industry PERVASIVE POVERTY PERVASIVE POVERTY PERVASIVE POVERTY Symposium Contract Opportunities with 400 Awareness and ▪ Participate in Homeownership ▪ Participate in Homeownership ▪ Participate in Homeownership female business owners and Workshops Preparedness Workshops Workshops OBJECTIVE(S) entrepreneurs ▪ 5% Homeowners ▪ 10% Homeowners ▪ Maximize Workforce To create a holistic and Development, Career, and On The ▪ Maximize Workforce Development, ▪ Maximize Workforce Workforce supportive ecosystem that Quarterly Mixer & Regional Mixers held in Job Training Opportunities Career, and On The Job Training Development, Career, and On The Development and ensures Alabama minority Empowerment Workshops Birmingham, Huntsville, Mobile, ▪ 30% Registered to Vote Opportunities Job Training Opportunities Career Readiness ▪ 50% Registered to Vote ▪ 75% Registered to Vote and female business owners; Montgomery, and Tuscaloosa especially African Americans Alabama in January, April, and CAPITAL: CAPITAL: CAPITAL: stay informed, have access to July; to regularly share ▪ 2% or more secure a contract ▪ 5% or more secure a contract ▪ 10% or more secure a contract funding, workforce information & programs. ▪ 5% or more secure a business ▪ 15% or more secure a business loan ▪ 30% or more secure a business development opportunities, with at least 200 minorities loan ▪ 30% Higher Sales & Profits loan and resources needed to ▪ 15% Higher Sales & Profits ▪ 15% or more Staff Increase ▪ 5% or more scalable business COMPETITIVELY Compete, ▪ Regularly promote business, ▪ 50% Higher Sales & Profits The REAL Black Friday Shopping and networking with product, and/or services Succeed, and Excel! ▪ 30% or more Staff Increase Black Owned Businesses and/or ▪ 5% or more register and take Service Providers advantage of On the Job Training
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