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Agora Enterprises Update March 2015

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Agora Enterprises Update March 2015

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Update from Agora's March 2015 board meeting on matters such as funding, 501(c)3 status, global collaborations, development of Agora Accelerators and Global Entrepreneur Training, and more.

Update from Agora's March 2015 board meeting on matters such as funding, 501(c)3 status, global collaborations, development of Agora Accelerators and Global Entrepreneur Training, and more.

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Agora Enterprises Update March 2015

  1. 1. Where are We Now? Update March 2015
  2. 2. Employing Donated Funds to Launch For-Profit Businesses  Secured 501(c)3 Status
  3. 3. Development of GET (Global Entrepreneur Training) GET program content finished by May 31, 2015 First GET training cohort 3rd quarter 2015
  4. 4. International Collaborations  India: Vocational Technical School & Agora Accelerator  Thailand: Publish2Day & Agora Accelerator  Nepal: Website Development Company & Manujari Coffee  China: Agora Accelerator 2016, Light Manufacturer  Africa: Collaboration Accelerators
  5. 5. Multimedia Developments  Completion of two animated explainer videos – One Business At a Time – From Aid to Paid  Continued development on website  Developed communications strategy – Facebook page – Twitter feed – Slideshare page – Youtube channel – Agora’s Social Enterprise Blog – Newsletters & e-mailing list  Development of crowdfunding investment site for Agora projects (almost completed)
  6. 6. Funding Agora Donations 2014 Total: $27,064 YTD 2015 Total: $35,315 + $35K* **Foundation:  $100,000 loan (2014)  $25,000 grant (2014)  $30,000 matching funds* (2015)  USAid Grant Application for $600K plus **Foundation name held for privacy
  7. 7. Further Developments 4 new governing board additions Collaboration on a joint business coach training program New hire Gwen Rapp to begin May 1st Collaboration on a university accelerator program First GET training program this Spring
  8. 8. Projected Timeline May 2015 GET Training Program Development Complete 1st Quarter 2016 Launch 1st Accelerator 1st business coach training cohort 2nd GET Cohort 3rd Quarter 2015 1st GET Cohort Accelerator Program Development Complete 4th Quarter 2015 Agora/GEN business coach training program complete (funding) 2nd Quarter 2016 Launch 2nd Accelerator 3rd Quarter 2016 Launch 3rd Accelerator 2nd Coach training cohort 3rd GET Cohort

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