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Incu stem

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Daniel Valencia
Daniel Valencia

The document outlines the mission, budget, and fundraising plans for an organization called incuSTEM. The mission is to analyze STEM job shortages and opportunities for community colleges to partner with industry to create training programs. It will facilitate new degree programs and share research. The budget projects $1.1 million in government grants/contracts as revenue to cover salaries and operational expenses. Fundraising plans include initial grants and potentially a pooled bond issue or profit investments if more cash is needed.

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Daniel Gilbert Valencia
Mission ? The mission of incuSTEM is to analyze the science, technology, engineering, and mathematics (STEM) industry job shortages in specific regions and identify potential opportunities for community colleges to form partnerships with industry to quickly train and place students in family-sustaining wage jobs with 2-year degrees or certificates.
Mission ? Once opportunities are identified, incuSTEM will act as an incubator for industry and community college leadership and faculty, facilitating the creation of new degree programs. ? incuSTEM will also function as an information manager, sharing research, best practices, and lessons learned.
Budget incuSTEM Budget Revenue Government contracts/grants $1,136,506.00 Total in $1,136,506.00 Expenses Salaries FTE Executive Director 1 $80,000.00 $80,000.00 Program Director 2 $80,000.00 $160,000.00 Program Coordinator 2 $80,000.00 $160,000.00 Grant Writer 1 $80,000.00 $80,000.00 Clerical 1 $80,000.00 $80,000.00 Payroll taxes $42,840.00 Cal payroll taxes $1,666.00 Employee benefits $280,000.00 Consultants 100,000.00 Advertising $20,000.00 Supplies 4,000.00 Equipment leases $28,000.00 General & administrative (such as travel) 100,000.00 Total Expenses $1,136,506.00
Raising funds ? I will start this non-profit by initially generating profits through grant proposals. ? If I need to generate more cash I will attempt to engage other non-profits in a pooled bond issue which can be sold to the public like any other investment vehicle. ? When we turn a profit we will invest and hire an investment manger to manage our assets.

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Incu stem

  • 2. Mission ? The mission of incuSTEM is to analyze the science, technology, engineering, and mathematics (STEM) industry job shortages in specific regions and identify potential opportunities for community colleges to form partnerships with industry to quickly train and place students in family-sustaining wage jobs with 2-year degrees or certificates.
  • 3. Mission ? Once opportunities are identified, incuSTEM will act as an incubator for industry and community college leadership and faculty, facilitating the creation of new degree programs. ? incuSTEM will also function as an information manager, sharing research, best practices, and lessons learned.
  • 4. Budget incuSTEM Budget Revenue Government contracts/grants $1,136,506.00 Total in $1,136,506.00 Expenses Salaries FTE Executive Director 1 $80,000.00 $80,000.00 Program Director 2 $80,000.00 $160,000.00 Program Coordinator 2 $80,000.00 $160,000.00 Grant Writer 1 $80,000.00 $80,000.00 Clerical 1 $80,000.00 $80,000.00 Payroll taxes $42,840.00 Cal payroll taxes $1,666.00 Employee benefits $280,000.00 Consultants 100,000.00 Advertising $20,000.00 Supplies 4,000.00 Equipment leases $28,000.00 General & administrative (such as travel) 100,000.00 Total Expenses $1,136,506.00
  • 5. Raising funds ? I will start this non-profit by initially generating profits through grant proposals. ? If I need to generate more cash I will attempt to engage other non-profits in a pooled bond issue which can be sold to the public like any other investment vehicle. ? When we turn a profit we will invest and hire an investment manger to manage our assets.