SIFE BCIT\'s Financial Literacy Presentation for the ACE Western Regional Exposition. Our team came in third place.

2. CHAMPIONED
FREE ENTERPRISE

3. 70+ MEMBERS
APPLY FINANCIAL LESSONS
25+PROJECTS
EXPAND FINANCIAL UNDERSTANDING

5. DANIEL
1st YEAR MARKETING MANAGEMENT
PROJECT MANAGER, STUDENT INITIATIVE SHOWDOWN
CHIH

6. ICE PROMOTIONS
THE FAMILY DOG
STUDENT
INITIATIVE
SHOWDOWN

7. ICE PROMOTIONS
Generate Revenue
1st SIFE of Government Assistance
Operate Free INCORPORATED
MICROBUSINESS IN CANADA
Self-Sustaining

8. ICE PROMOTIONS
ReceiveHands-On Experience
Provides Budget for Financial Literacy Projects

9. ICE PROMOTIONS
• Marketing products & services
• Negotiating contracts
• Event planning
• Networking

10. PROMOTIONAL
SERVICE CONTRACTS
$6,600

11. MINGLERS
•Develop budgeting &
$3,400 to date
negotiation skills
• Keep costs at a minimum
$1,500 by May

12. SPRING LIVING FAIR
2 Day Event
Concert Fundraiser
Over $5,000 in profits
Eco-friendly products
2 Fashion Shows
50 entrepreneurs
1.5x last year
$10,000 projected revenues

13. SPRING LIVING FAIR
“Financial literacy and accountability is essential
for the success of any business.”
Benefits Entrepreneurial Community
Toan Dang
Director, ICE Promotions
Develops Event Planning & Budgeting Skills
$10,000in cash flows

14. SPRING LIVING FAIR
•25% of concert profits donated
• 2 local charities

15. ICE PROMOTIONS
$8,700 last year
$14,000 goal
$4,600 to date
$16,600 projected profits

16. ICE PROMOTIONS
FINANCIAL SUSTAINABILITY
10% Re-invested
Grow & Expand

17. ENTREPRENEURIAL OUTREACH DIVISION

18. THE FAMILY DOG
Canine Instructional & Training Service
• Family man
Limited understanding of
financial management
• Expanding business offerings
• Worked to develop:
• Full-time career
 Excel recordkeeping system
 Balance sheets
 Pro-forma income statements

19. THE FAMILY DOG
40 dogs for 4 hours weekly
52 weeks per year
More sustainable model required
Growth plans not feasible

20. THE FAMILY DOG
FINANCIAL REALITY
Revising business model
Using new financial skills
Avoided costly mistake

22. STUDENT
INITIATIVE
SHOWDOWN
Business Competition
• Create,in November& evaluate
Began implement, 2008
own business
• Presentation in April 2009
• SIFE BCIT mentors
• Judged by industry professionals
• Monthly workshops

23. Developed from career building workshops
Need for more business education
Opportunities for students

24. MARLON, JAMES
NITESH & ROMNICK
 Work on people skills
 Understand ups and downs
•Created a feasible business selling locker insurance
$1,000 projected profit
Worked with school administration
•Calculated expected revenues based on:
 Demand surveys
& constable
 Projected payouts

25. STUDENT
INITIATIVE
SHOWDOWN
• 23 students
• Tailored workshops
• SIFE BCIT mentors
• One-on-one tutoring
• Feedback & questions via web

26. STUDENT
INITIATIVE
SHOWDOWN
SOLID FOUNDATION
$500 HSBC Financial Literacy Grant
$2,500 scholarship

27. STUDENT
INITIATIVE
SHOWDOWN
“We are proud to support SIS and are
excited to see it grow in coming years and
help to ensure its sustainability.”
Robin Hemmingsen
Dean, BCIT School of Business

28. Community Outreach
Business Education
Development of Economic Activity