RCI: At A Glance

At A Glance

Current Businesses	54 clients; 20% Women-owned; 16% Minority-owned
Graduates	54 graduates; 23% Women-owned; 29% Minority-owned
Business Failures	34 business failures; 33% Women-owned; 44% Minority-owned
Jobs Created	548 incubator only; Over 1,500 jobs created
Client Revenues	2006 - $13,014,375 2005 - $30,350,286 2004 - $24,603,566 2003 - $29,516,376 2002 - $7,768,000
Local Spending	2006 - $5,005,248 2005 - $8,832,500 2004 - $10,651,880 2003 - $8,969,116 2002 - $7,313,453
Riverside Business Resource Center Clients	2000 thru 2007 over 4,200 entrepreneurs assisted
Youth Entrepreneur Program	18 student participants; $1,000 winner – Lisa Barnes; Lisa was selected 4th place 2003 regional winner, held in New York City
Business Counseling	Over 1,390 entrepreneurs received one-on-one business counseling
Loan Packaging	Packaged over $10.10 million in low-interest State/City/Lender financing
Allegheny RiverTowns Enterprise Zone	Created a new state enterprise/technology zone which include the following municipalities: Millvale, Etna, Sharpsburg, O’Hara, Blawnox, Shaler and Aspinwall. Obtained a $800,000 Brownfield assessment grant from the U.S. EPA; Assisting two businesses for state financing for business expansion.
Community Resource Partners	U.S. Small Business Administration – Pgh District; National Business Incubators Association; National Foundation for Teaching Entrepreneurship; Department of Community and Economic Development; Pennsylvania Economic Development Association; University of Pittsburgh – Small Business Development Center; Daimler Chrysler Duquesne University – Small Business Development Center; Service Corps of Retired Executives; African American Chamber of Commerce; Pittsburgh Regional Alliance; Pittsburgh Technology Council; North Side Chamber of Commerce; Northside Community Development Fund; Diversity Business Resource Center; MWDBE Governmental Committee; URA; ARTEZ
Community Services	Annual North Side Charity Golf Outing in conjunction with the North Side Chamber of Commerce donated $14,000 to various North Side charitable organizations Annual North Side Celebration in the Park in conjunction with the North Side Chamber of Commerce organized the first at-large community celebration for North Side residents. Attracted over 11,000 local residents to attend in its first two years. Free Computer Give Away - 100 low-income North Side residents received refurbished computers distributed in California Kirkbride, Central Northside and Charles Street area neighborhoods Toys-for-Tots - over the past 7 years RCI tenants donated over $4,000 in new toys to the local U.S. Marine Reservists
Facility	60,000 s.f. incubator 50,812 s.f. of rentable space 210 s.f. to 4,993 s.f. office spaces
Rental Terms	One-year term Three-year term Five-year term
Rental Rates	$15.50 per square foot
Staff	4 Full-time
Services	Telephone/Receptionist Photocopier/Scanning – Black & White or Color Copies Word Processing Conference Rooms Faxing Postage Exercise Facility IT Services Notary Public Payroll Services Entrepreneurial Coaching Computer Consulting Services Retirement/Investment Planning
Programs	Riverside Business Resource Center – Providing small business assistance, including free seminars and workshops Youth Entrepreneur Program – BizCamp and Business Plan Competition MBE/WBE/DBE Training and Certifications Business Counseling Loan Packaging Services – Access to private and public financing Pennsylvania State Enterprise Zones New Business – New Beginning Program Diversity Business Resource Center
Adjunct Services	Product Development Franchising Opportunities Web-site Development Public Relations – Advertising & Marketing Accounting Insurance – Property Casualty and Life/Health
Vision	To be a leader in the transformation of Southwestern Pennsylvania to an entrepreneurial culture and spirit.
	Board Of Directors
Officers	Terrell Jefferson Chair West Penn Allegheny General Hospital Tom Samuels Retired, Controller Robert Purvis Retired, CEO Linda Leonhardt Second Chair First National Bank Merrill Stabile Treasurer Alco Parking
Directors	Michael Gonze Palate Partners Martha Helmreich Pietragallo, Bosick & Gordon Jeff Kumer Esposito Tom Samuels North Side Industrial Development Company Bruce West Chloé Velasquez Sabio Springs Robin Rosemary Miller North Side Chamber of Commerce