Official Stratageum - Bridging the Gap - Stratageum Presentation

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PowerPoint PresentationBridging the GapPresentationBridging The GapforSmall, Women, and Minority Owned BusinessesAmericas Economic Engine Small Businesses35 percent of Fortune 500 companies are family-controlled 50 percent of U.S. gross domestic product60 percent of the country's employment78 percent of all new job creation - Forbes (5/2014)The Importance of Small Business in Economic DevelopmentState of Minority Business in AmericaEven though they now make up 29% of all U.S. firms, minority-owned businesses still only account for 4% of all business revenue in the U.S. Fast Company (3/15/16))State of Women Owned Business in AmericaEven though they now make up 32.6% of all U.S. firms, women-owned businesses still only account for less than 4% of all business revenue in the U.S. American Express Open (5/2015)Strategic Value of StratageumOverview of Services that Stratageum offers that may provide assistance in increasing Small, Women and Minority Owned Businesses utilization potentially increasing entrepreneurship, economic and community development. This is imperative for sustained economic growth and viability. Strong Aspirational GoalsDefinitive ExpectationsEngaged and On-board EmployeesRobust Compliance ProgramComprehensive Reporting and Benchmarking Best Practices for Effective Supplier Diversity ProgramsLack of relationships with diverse vendors Lack of promotion from the decision makers Lack of buy-in from end-users Taking a risk verses taking a chance with Diverse SuppliersNegative Perceptions of Diverse Suppliers (They cost too much or not as good)Hindrances to a Strong Supplier Diversity Program Stratageum HistoryStratageum was started in October 2014Samuel Hayes III Managing PrincipalFormer Director of the Virginia Department of Small Business and Supplier DiversityAchieved the highest utilization of small, women and minority businesses providing goods and services to the Commonwealth of Virginia in its history. Stratageums MissionThe mission of Stratageum is to position small, women and minority (SWaM) owned businesses to successfully provide goods and services to the government, educational and private industry sectors while engaging governments, educational institutions and prime contractors to fully utilize these businesses. Stratageum has a relentless pursuit to "bridge the gap" for SWaM businesses to successfully compete in the marketplace. goods and Vendor MatchmakingSpecial Projects Comprehensive Review of Existing Supplier Diversity Programs and EnhancementsCompliance and Contract Review and Reporting SWaM Outreach and Business DevelopmentBuyer and End-User TrainingStratageum Services NEXT STEPS NEXT STEPSCONCLUSIONThank You for Participating with Us Today.For more info about us please visit:www.stratageum.comSamuel Hayes III, P.E. | CEO 521-8660