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Center for Technology and Investment

Organization Summary

The Center for Technology and Investment is a start-up nonprofit. The nonprofit was the brainchild of Bill Franklin, sole proprietor.

The company has its headquarters in Baker City, Oregon. This location was chosen due to its proximity to small business empowerment zones, and rural development zones that tend to receive preferential treatment under the SBA’s SBIR/STTR funding initiatives.

The Center for Technology and Investment is a 501(c)(3) nonprofit corporation, and most revenue is collected through grants and other fundraising efforts, while a small percentage of funding arrives through the company’s client base of rural and semi-rural small businesses.

The Center for Technology and Investment is a nonprofit company incorporated in Oregon.

The board of Directors is made up of several high profile business professors and professionals living in and around the Eugene/Portland Metro area. The board holds its meeting every August in Cannon Beach, Oregon.

2.2 Start-up Summary

The company begins as a going concern with very little debt, and a lot of liquid capital – cash. The idea behind this type of start-up plan is to keep overhead at a bare minimum so that the service business can thrive on the knowledge and expertise of Bill Franklin. The second largest expense upon startup, and the largest ongoing expense affecting free cash flow is simply the lease payment on the office space in Baker City, OR.

Technology investment business plan, organization summary chart image

Start-up Funding
Start-up Expenses to Fund $19,050
Start-up Assets to Fund $25,950
Total Funding Required $45,000
Assets
Non-cash Assets from Start-up $10,000
Cash Requirements from Start-up $15,950
Additional Cash Raised $0
Cash Balance on Starting Date $15,950
Total Assets $25,950
Liabilities and Capital
Liabilities
Current Borrowing $10,000
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $10,000
Capital
Planned Investment
Bill Franklin $35,000
Other $0
Additional Investment Requirement $0
Total Planned Investment $35,000
Loss at Start-up (Start-up Expenses) ($19,050)
Total Capital $15,950
Total Capital and Liabilities $25,950
Total Funding $45,000
Start-up
Requirements
Start-up Expenses
Legal $750
Stationery etc. $500
Brochures $1,000
Insurance $300
Rent $1,500
Expensed Equipment $15,000
Total Start-up Expenses $19,050
Start-up Assets
Cash Required $15,950
Start-up Inventory $0
Other Current Assets $0
Long-term Assets $10,000
Total Assets $25,950
Total Requirements $45,000