Energizing Tuscola’s Economy Through Entrepreneurship

Project Budget

Annual operation costs of the Enterprise Facilitation ® project are approximately $75,000. Roughly $70,000 of that cost is associated with the compensation package and overhead of employing an additional full-time staff person as the Enterprise Facilitator. The other $5,000 is estimated for ongoing training and overhead expenses of the Board of Management. The goal of the Entrepreneurship Task Force has been to raise local investments for this annual funding. The Task Force has been successful in already raising tens of thousands of dollars in investment and in-kind contributions towards past projects, in addition to the commitments previously outlined. While this fundraising continues, an anticipated funding gap exists with the one-time start-up costs of the Sirolli Institute.

At project inception, the Sirolli Institute provides a 30-month apprenticeship program for implementation of a certified Enterprise Facilitation ® project. This includes intensive training in the model and assistance provided to the Board of Management and Enterprise Facilitator. The cost for this portion of the project is $58,000 for each of the first three years of this project. By funding annual expenses locally, the Task Force is confident that the project will sustain itself after the first three years. But, without outside assistance for these one-time costs, an Enterprise Facilitation ® project is not feasible.

Budget Summary – Year One through Year Three

The compensation package and overhead expenses for an Enterprise Facilitator are only effective for the final 30-months of the three year project period, as the first six months are devoted to Board of Management training and careful recruitment of the Enterprise Facilitator.