GEORGIA STATE BOARD OF ACCOUNTANCY Board Meeting: March 25 ...
Get on board march
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Transcript of Get on board march
MGP ADVISORY BOARD MEETINGThursday March 29th 2012Call in # 605-475-4800 Access Code: 931127
AGENDA• Greetings• Success Stories
• Programs Report• Boot Camp• Locomotus
• Special Programs • Financial • Next Steps/Meetings
PROGRAM REPORT
• Eleven (11) Students selected for summer program
• Interviews hosted through Google Hangout• Assignment #1 (Build Your Agency) given• Office Space: TM Advertising• Start date: May 29th
• Committed Sponsors ($71k) – 4A’s– RAPP– Omnicom– Wieden + Kennedy– Deutsch– BSSP– Omnicom
• VIBE Web-series – National sales team to sell sponsorship for
program and series• Chrysler Sponsorship still in development • Got A Match
THE 2012 ICR8 BOOT CAMP
Click to view video
Boot Camp Budget
• Budget subject to change based upon donations / in kind donations
• Goal to lock in facilitator stipend• Additional Sponsors needed
SPECIAL PROJECTS
• 2012 Boomerang (20th) Oscar’s Event with Uptown Magazine
• BAC Documentary – JWT to produce short on the
background of the Basic Advertising Course
– Shooting in Chicago 2nd week of April
• MGP 5 Year Anniversary – Lavender Hill– August 11th
– Questlove to DJ– End of Boot Camp Assignment for
students
Click to view video
LOCOMOTUS OVERVIEW• As an extension of the Marcus Graham Project,
Locomotus is a hybrid advertising marketing & media training ground, consultancy and laboratory.
• Locomotus (latin – locos-motus): a place & movement of progress, operation, passion, impulse, disturbance, revolt and rebellion.
• Locomotus will operate under a hybrid for profit/non-profit entity, supporting the mission of the Marcus Graham Project .
• Dan Wieden & Wieden + Kennedy have agreed to make the initial contribution to develop, as well as annual support, and fundraising leadership/assistance.
• Opening bank account to receive WK funds within the month
• BRAND ID in development• Promotional video in development• Jeff Goodby (GS&P) has agreed to
join in to financially contribute, as well as advise
• Goal is to present and approach each holding company to support
• Launch Goal: September 2013• Refine Budget• The War Chest
EXPENSES
Insurance
Insurance (secured through 4As) Commercial General Liability Each Occurrence $1,000,000General Aggregate $2,000,000Products/Completed Operations Aggregate $2,000,000Advertising Injury Excluded *Damage to premises rented to you $ 300,000Medical Payments $ 5,000Hired & Non-Owned Auto Liability includedLimited worldwide Liability (lawsuits brought included in the US) Note * Coverage should be provided by ad liability insurance policy The Property insurance protects the physical property and equipment against loss from theft, fire or other perils; all-risk coverage covers against all risks except for what is excluded. Property Limits of Insurance Business Personal Property $35,000Computer Hardware Included above Business Income Actual Loss Sustained Fine Arts $25,000 Employee Dishonesty $25,000 Loss of Money & Securities $25,000 Property Loss Deductible $1,000
The Umbrella Liability options supplements general liability and hired & non-owned auto liability coverages. Limit of Liability option Additional Cost 1 - $1,000,000 $ 435 2 - $2,000,000 $ 815 3 - $3,000,000 $1,140 4 - $4,000,000 $1,465 5 - $5,000,000 $1,790
NEXT STEPS
• Boot Camp Sponsorship• Save The Date• Boot Camp Kick Off• MGP 5 Year Anniversary
• Locomotus• Build Out Financial Plan• War Chest• Video