Connecting budding & existing entrepreneurs to resources for venture management & growth

PROMOTE
IDEA BANK
QUICK TIPS FOR THE MONTH
WEEK 1 Find Good Partners Instead of putting too much energy into who else is providing a similar solution, identify a good partner to collaborate with. Lets use the example of an accountant partnering with a restaurant. The accountant can refer her clients who are looking for a good place for a business meeting to the restaurant. And the restaurant owner can become a client of the accountant as well as promote the accountant on through their marketing vehicles. WEEK 2 Try some unusual marketing methods By now many entrepreneurs are familiar with the traditional marketing methods (print, radio, magazine) and social media. Use your creative juices to identify new ways to reach customers. An example can be sharing your expertise at the public library or neighborhood grocery store. WEEK 3 Have you volunteered lately?

May 2012

Take some time away from the office to share information to help the next generation of entrepreneurs. Volunteer your time, energy, and any other resource you have. Use this time as an opportunity to build good will and not a selling opportunity. A school, a community group, a homeless shelter are good places to share. WEEK 4 Dont Be Afraid to Tell Your Neighbors Sometimes we want to shield how we make a living from the people next door, a floor up, over and across from us. Now more than ever is an opportunity to share what problem you are solving with your neighbors. You never know how many leads to customers will result.

REACH US AT... www.facebook.com/edaccampus www.facebook.com/edacwomen www.facebook.com/msueclub

Morgan State U McMechen Building, Suite 102B 1700 E. Cold Spring Lane Baltimore, MD 21251 443.885.3663 Page 1

www.twitter.com/improveprogress www.twitter.com/entreportal

Connecting budding & existing entrepreneurs to resources for venture management & growth

New on the EDAC Team

Morgan State University The E Society Speaker Series featuring LaKeshia Grant, MBA, CEA, founder of Virtual Enterprise Architects, LLC and Morgan State University Alumni

Terrell Davis Baltimore City Community College Major: Accounting Career Aspiration: Entrepreneur Justin Green Morgan State University Major: Business Management Career Aspiration: Entrepreneur

On Thursday, April 12, 2012, Ms. Grant had lunch and shared some words of wisdom about securing the Federal Government as your customer. Next UP: Investing in the community James Hamlin, Owner The Avenue Bakery
Terrell and Justin (middle) attending W h i t e Ho u s e S u m m i t o n Entrepreneurship for Historically B l a c k C o l l e g e s a n d Un i v e r s i t i e s (HBCU) and Minority Ser ving Institutions (MSI) event on April 16th Washington, DC. Hanging with Kwame from the Apprentice, 1st Season.

Morgan State U

McMechen Building, Suite 102B

1700 E. Cold Spring Lane

Baltimore, MD 21251 443.885.3663

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Connecting budding & existing entrepreneurs to resources for venture management & growth

st

Technology Innovation Cup took place on Thursday, April 19th. 3 teams competed for cash prizes. Teams were comprised of undergraduate and MBA students from across campus.

About Technology Innovation Cup (TIC)

The TIC is a business plan competition providing the opportunity for undergraduate and graduate students at Morgan State University to learn every aspect of starting a business. The goal of the TIC business plan competition is to help student entrepreneurs learn how to form a qualified team, write a competitive and realistic business plan, and present their ideas in a concise and clear format and, ultimately, bring the technology to life. The winners will receive cash prizes, legal help to incorporate their company and 6 month incubation space at ETC.

Sponsored by

Excel Life A research and development medical device company that investigates current rehabilitation and biomedical technologies and finds ways to improve them Ju d g e s Baltimore-Alive.com Serves as a visual hub of information for visitors or residents of Baltimore looking for something to do, a restaurant or a hotel Angela Singleton Pique Performance Inc. William Mapp, III BA Systems, LLC Neil Davis Emerging Technology Centers (ETC)

Morgan Techpreneurs Technology specialist that deals with IT consulting, web and data services

Morgan State U

McMechen Building, Suite 102B

1700 E. Cold Spring Lane

Baltimore, MD 21251 443.885.3663

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Connecting budding & existing entrepreneurs to resources for venture management & growth

Community Outreach

RESOURCES
ASSOCIATION

http://www.nb.com/

Entrepreneurs Go to School Tour at Reginald F. Lewis High School. William Mapp, III, co founder at BA Systems, LLC, speaking to high school students about building a tech business. Entrepreneurs Go to School is an initiative of EDAC.

WEBSITE www.posterous.com

BOOK

By Seth Godin

Omar conducted a workshop on how to create a business while still in school for the Greater Baltimore Technology Councils InSquared event. Several young entrepreneurs sharing a photo opportunity with Omar.

Morgan State U

McMechen Building, Suite 102B

1700 E. Cold Spring Lane

Baltimore, MD 21251 443.885.3663

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Connecting budding & existing entrepreneurs to resources for venture management & growth

IMPACT
Morgan--students, staff, faculty, community individuals, students (in public schools), business owners and budding entrepreneurs receive services from EDAC via workshops, conferences, speaking engagement, radio workshops, management advisory services.

BriefCase Radio Workshop May 6, 2012 Psychology of Business, Food for Thought, Balanced W.O.M.E.N. May 13, 2012 Email Marketing with Constant Contact May 20, 2012 Psychology of Business, Food for Thought, Balanced W.O.M.E.N. May 27, 2012 BizTechInsider

No. of People Reached Youth Outreach Workshops & Conferences MSU Students

FY Q 1 95 207 139

FY Q 2 161 207 206

FY Q 3 245 207 243

FY Q 4

Business

Directory

Heard every Sunday at 9 p.m. on 88.9 f.m. or www.weaa.org Podcast: www.improveandprogress.com Hosted by Omar S. Muhammad

Accounting Psychology of Business Rudolph T. Isaacs Jr., CPA Dr. Renee Isaacs & Simmons, P.C. www.AreYouHappy.org Certied Public Accountants Ofce: 410-653-6853 www.isaacsandsimmons.com Real Estate Marcel Umphrey A+ Neighborhood Homebuyer's LLC Office: 443.341.6623 www.aplusneighborhood.com Business Guidance Chef Casey Jenkins Darker Than Blue Cafe www.darkerthanbluecafe.com phone: 443-872-4468 Legal Anthony I. Butler, Esq. Trye | Butler | Mayo | Griffith abutler@tbmglaw.com www.tbmglaw.com

PROMOTE (Copyright 2012) is a publication of EDAC. Opinions expressed by writers and sources are not necessarily those of the publishers. The information content in this publication is for information p u r p o s e s o n l y. It is recommended that you seek professional advice for all business transactions.

Technology William Mapp, III BA Systems, LLC Twitter hashtag: #biztechinsider

Morgan State U

McMechen Building, Suite 102B

1700 E. Cold Spring Lane

Baltimore, MD 21251 443.885.3663

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Connecting budding & existing entrepreneurs to resources for venture management & growth
May 2012
Sunday Monday Tuesday Wednesday Thursday Friday Saturday

1 Business Plan Clinic, 5 p - 6 p 6 BriefCase Radio, 88.9 f.m., 9 p.m.

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3 E Society Speaker Series James Hamlin Avenue Bakery

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20 BriefCase Radio, 88.9 f.m., 9 p.m. 27 BriefCase Radio, 88.9 f.m., 9 p.m.

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Youth Entrepreneurship Conference

Staff Omar S. Muhammad omar.muhammad@morgan.edu Yvette Racks yvette.racks@morgan.edu Interns Terrell Davis Justin Green Alyssa Bell

Morgan State University EDAC McMechen Building, Suite 102B 1700 E. Cold Spring Lane Baltimore, MD 21251 443.885.3663 443.885.8345 www.edacmorgan.com

Morgan State U

McMechen Building, Suite 102B

1700 E. Cold Spring Lane

Baltimore, MD 21251 443.885.3663

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