Small Business Opportunity Center

1
Small Business Opportunity Center

• Open Board Meeting
• November 4, 2004

2
Small Business Opportunity Center

• Open Board Meeting
• November 4, 2004

3
Outline

• 1. Introductions
• 2. Who we are
• 3. What we do
• 4. How you can get involved
• 5. Class recommendations for transactional law
  and business generally

4
History

• 1997 Law students propose a transactional law
  clinic
• 1998 Prof. Morsch signed on to carry out the
  vision of helping entrepreneurs with minimal
  resources and exposing law students to
  transactional law practice.
• 1998 Student Board formed to help carry out
  their vision for the clinic

5
SBOC Clinic

• Enrollment of 18 students/semester
• Over 300 clients served by students since 1998,
  over 1200 requests for services
• Client make-up
• 60 women
• 50 minorities
• Most are working poor
• Many not-for-profit businesses

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Client Work

• Areas of Law
• Choice of Entity
• Partnership, LLC agreements
• Tax exempt status
• Intellectual property
• Types of Clients
• Retailers
• Not for Profits
• Technology

7
SBOC Student Board

• Activities
• Publicity for the SBOC Clinic and Board
  activities
• Informing law students about entrepreneurship and
  transactional law
• Fund raising
• Partnering with communities and law firms
• Connecting with Kellogg student organizations
  that can provide clients with general business
  consulting
• Maintaining SBOC website (www.sboc.org)
• Operational matters

8
Community Outreach

• Highlights
• Presentations for community organizations,
  including YMCA.
• Current Activities
• North Lawndale and Pilsen Partnerships
• Ways To Get Involved
• Prepare basic powerpoint presentations on topics
  of interest to entrepreneurs (ex choice of
  entity, forming a not for profit, etc.)
• Attend community presentations

9
Marketing

• Highlights
• Randy Kaplan Presentation on Oct 29
• Current Activities
• Goal is an article in a major publication
• Ways To Get Involved
• Will be looking for volunteers to contact various
  publications

10
Finance/Fundraising

• Highlights
• AMEX sponsorship
• Received 550 in SBA funds
• Current Activities
• Planning for Spring conference at Kellogg
• Evaluating potential donors
• Ways To Get Involved
• Aid in targeting potential donors

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SBOCs KELLOGG LIAISON OVERVIEW
The SBOCs Kellogg Liaison has 2 priorities 1)
To strengthen ties between the SBOC and other
similar Kellogg/Evanston organizations. 2) To
increase awareness of the SBOC within the Kellogg
community as a whole.
1
2
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Kellogg Relations

• Highlights
• Digital Frontier Conference
• Cross pollenization with Neighborhood Business
  Initiative
• Current Activities
• Planning Private Equity Conference Panel
• Meeting with organizations to form partnerships
• Ways To Get Involved
• Organizing panel

13
Technology

• Highlights
• Website recently redesigned
• Goal is to provide more functionality and
  information to clients
• Current Activities
• Continue expanding website
• Ways To Get Involved
• Volunteers needed to translate SBOC webpages into
  Spanish and gather more information to put on
  website

14
Operations

• Highlights
• Newsletter
• Client Surveys
• Current Activities
• Drafting Newsletter
• Coordinating Pleader article
• Ways To Get Involved
• Client Spotlight (for Newsletter)

15
Class Recommendations

• Take Business Associations or Corporations ASAP
• Enroll in Entrepreneurship Law if you would like
  to enroll in the clinic
• Corporate Concentration

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Contact Information

• Student Board Professors
• President- Lacey Bundy Tom Morsch
• l-bundy_at_law.northwestern.edu tmorsch_at_law.northw
  estern.edu
• Finance/Fundraising Chair- Alex Egan Andrea
  Matwyshyn
• aegan2006_at_law.northwestern.edu a-matwyshyn_at_law.n
  orthwestern.edu
• Operations Chair- Kristy Wilson Sue Irion
• k-wilson2006_at_law.northwestern.edu s-irion_at_law.no
  rthwestern.edu
• Marketing Chairs- Jay Harris, Matt Koller
• j-harris2006_at_law.northwestern.edu
• m-koller2006_at_law.northwestern.edu
• Community Outreach Chairs- Eryan Cobham, Dwayne
  Samuel
• e-cobham2005_at_law.northwestern.edu
• d-samuel2006_at_law.northwestern.edu