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Page 1: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

URBN YOUTH START-UPS

Information Slides for Interested Mentors, Investors and/or Board

members

Page 2: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

As such, we aim to tackle the problems of :

Youth poverty

Youth disconnection

Educational disadvantage

Opportunity divide in New York City's low income neighborhoods.

Re:LIFE’s Mission & GoalsRe:LIFE Inc is a 501c3 Organization that is dedicated to empowering youth through entrepreneurship and education.

We believe that the positive engagement of the mind is the precursor to achieving excellence.

Page 3: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

Reengagement Program

EarnLIFE Entrepreneurs Program

Young Entrepreneurs Program

LearnLIFE Success Program

YoungLIFE Entrepreneurs Program

URBN Youth StartUPs

Re:LIFE’s Programs

Page 4: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

We strongly believe in our HEROES Model for Youth Development. HEROES is an acronym which represents:

Re:LIFE’s Philosophy

•Heritage

•Education

•Relationships

•Opportunities

•Entrepreneurship

•Service

Page 5: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

URBN Youth Start-UP (UYS) is an intensive project-based entrepreneurship program in partnership with The Grove School of Engineering at The City College of New York

The objective of UYS is to introduce students to the rigor and benefits of STEM/STEAM, entrepreneurship, and financial literacy, while allowing them to give back to their communities.

Students who complete the program will be awarded a Certificate of Completion from Re:LIFE.

URBN YOUTH STARTUPs

Page 6: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

Mentor/Investor/Board member Orientation dates include Wednesday Sept 17th and Friday, Sept 19th, 2014

Classes will run from Sept 8th through Dec 18th from 6:30-9pm, Mondays through Thursdays.

Program BreakdownDay 1: EntrepreneurshipDay 2: Digital/Internet MarketingDay 3: EntrepreneurshipDay 4: Business Communication/STEMDay 5: Optional Workshops/Office Hours

Day 1 Components:Business Idea Development Business Plan Development Raising Capital Business Presentation

Day 4 Components:Business CommunicationSTEM/STEAM Project

Day 2 Components:Financial StatementsFinancial ModelingInternet/Digital Marketing

Day 3 Components:Pitches & Presentations - Shark Tank AnalysisLife Skills (Mentors) & Guest EntrepreneursSustainability & Green TechnologyWebsite Development - WordpressProject Research

Page 7: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

Re:LIFE Inc Students

Page 8: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

PunctualityRESPECTDiligence

and Commitment

Passion and Dedication

Sacrifice

Student Responsibilities

Page 9: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

STUDENTThinkLearnCommunicateApplyCollaborateSucceed/FailEvaluateReflectRepeat

Student ExpectationsRe:LIFEBusiness PlanLife SkillsSTEM KnowledgeWebsiteDomain nameGeneral Business

KnowledgeFinancial LiteracyMarketing and more

Page 10: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

CROWD INVESTORS

All investors contribute a set amount of dollars to the FundPool and in turn, collectively own 3% of profits generated from sponsored businesses.

2014 FundPool Donation: $300

Payment: Investors are required to complete payment within 6 months of making initial payment to enjoy Investor benefits.

Stakeholder Duration: 2014 to 2019 (5 years)

Stakeholder Responsibilities: Attend Stakeholders meeting in April, August and December starting in 2015.

Investing

Page 11: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

ANGEL INVESTORS

An Angel Investor can own up to 13 percent of any student business he/she sponsors. This includes the collective 3 percent stake owned by FundPool investors, and an additional stake of up to 10% of any student business the investor sponsors.

2014 Minimum Investment: $1500+ ($300 goes to the FundPool, $1200+ goes to student business)

Payment structure: Investors are required to complete payment within 6 months of making initial payment

Stakeholder Duration: 2014 to 2024

Stakeholder Responsibilities: Attend Stakeholders meeting in April, August and December starting in 2015. Work with student entrepreneur to implement business strategies and ensure business growth.

Investing

Page 12: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

Mentorship Goals:1. To help students

acquire knowledge from mentors

2. To help students apply acquired knowledge to their projects

3. To ensure that students complete the program successfully.

Mentoring

Page 13: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

1. Communicate with protege(s) at least twice a month to provide support

2. Project Supervision and Management where applicable

3. Optional Life Skills Instruction and Class Assistance

4. Provide Student Progress report

5. Monthly Mentor-Student Meetings/Mixer

Mentor’s Responsibility

Page 14: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

Life Skills Workshops

-Business Math -Community Service-Business Etiquette -Spirituality -Creating Opportunities -Public Speaking -Health & Nutrition -Money Management -Legal Rights -Stress/Anger Management

-Employability Skills-Conflict Resolution -Independent Living -Proposal Writing -Business Communication -Attitude, Responsibility and Professionalism-Technology -Digital media production -Graphic Design-Animation

These sessions will run for 30 minutes to 45 minutes per session.

Page 15: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

Board of Directors

Advisory Board

Junior Board

Host Committee

Re:LIFE’s Boards

Page 16: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

Fundraising

Programming

Strategic Planning and Growth

Legal And Ethical Integrity

Dedicated Involvement

Public Relations and Awareness

Board Responsibilities

Page 17: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

INTERNAL AFFAIRS

Committee deals with all internal issues.

1. Accounting & Finance

2. Human Resources

3. Strategic Planning

4. Ethics

5. Programming

Board GroupsEXTERNAL AFFAIRSCommittee deals with all external issues1. Fundraising

2. Marketing

3. Legal

4. Donor Acquisition

5. Community Engagement

6. Public Relations

7. Alumni Engagement

Page 18: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

GOVERNANCEThis committee is responsible for the recruitment of Board members and ensuring the effectiveness of the Board. 

1.  Board Recruitment

2. Board Orientation

3. Board Materials 

4. Board Evaluation

Board Groups EXECUTIVEThe Executive Committee organizes meeting agenda and takes care of issues that come up between board meetings. It is composed of at least one officer from each Committee, as well as Co-founders/President and Vice President of Board.

1.  Crises Resolution

2. Meeting Agendas 

3. Joint Meeting Scheduling

Page 19: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

Comprises of volunteers whose mandate is to build a group of 10-15 people from their networks to execute frequent smaller events to increase awareness, engagement and raise money for Re:LIFE.

Host Committee

Creative endeavors

  Networking Events 

Film Screenings

  Theater & Movies

Churches

  Restaurants 

Happy Hour 

Tournaments 

Page 20: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

Twitter: @ReLIFEInc; @chikeukaegbu; @kevaughnisaacs;

Instagram: @ReLIFEInc

Facebook: ReLIFEInc

LinkedIn: ReLIFE Incorporated; Chike Ukaegbu; Kevaughn Isaacs

Connect with Us

Page 21: Interested in Mentoring Youth Entrepreneurs, Investing in Youth Businesses, or Becoming a Board member?

Questions?

Email [email protected] or call 347.450.1201/347.450.1206


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