Questions:
1. What is the CPCC Services Corporation?
2. When was the Services Corporation developed?
3. What is the CPCC Services Corporation's Mission?
4. What types of projects are ideal to run through the Services Corporation?
5. What happens if the project doesn't show a return?
6. What types of projects does the Services Corporation currently support?
7. How are project owners compensated?
8. What if I have an idea for a product, but have no interest in working on it day to day?
9. How is the SCorp funded?
10. How can I learn more about working with the SCorp?


Answers:
1. What is the CPCC Services Corporation?
The CPCC Services Corporation is an entrepreneurial incubator which invests 501c3 funds in revenue generating business ideas of college faculty and staff.

2. When was SCorp developed?
The SCorp was officially developed in June 2003.

3. What is the CPCC Services Corporation’s Mission?
To support CPCC, through the development of entrepreneurial products and services, in its commitment to advancing the life-long educational development of adults.

4. What types of projects are ideal to run through the SCorp?
Projects that require considerable start up funds ($10,000 or more), that follow the mission of the college, and that will show a return within three years.

5. What happens if the project doesn't show a return?
After three years, the Board will look at the project financials and determine whether or not funding should be continued.

6. What types of projects does the SCorp currently support?
As of April 2006, the SCorp currently supports the following projects:

• Center for Applied Research: General, educational research services and surveys.
• Halton Theatre: State of the art live theatre facility, art gallery and seminar/recital hall.
• CPCC Press: Short run book publishing for faculty, staff and select community authors.
• Harris Conference Center: Your one-stop, state of the art conferencing center.
• Crossroads Café Classroom: ESL learning tool developed by PBS, enhanced by CPCC ESL.
• Career Transitions: Need a career change but don’t know how to get started?

7. How are project owners compensated?
This varies from project to project, but in general project owners and their departments share a portion of the profit(s) generated by their project. Percentages are determined in a signed agreement prior to approval of any/all proposal(s). Note: A Services Corporation Project Proposal Agreement differs from a CPCC Press author contract. Please see CPCC Press FAQ’s for more information regarding author contracts.


8. What if I have an idea for a product, but have no interest in working on it day to day?
Though rare, in some instances, the SCorp will act as the project owner, and on a case by case basis will determine how to compensate the owner of the idea.

9. How is the SCorp funded?
Auxiliary services and profits from projects.

10. How can I learn more about working with SCorp?
Visit our website, suggest to CPCC Professional Development to host a workshop about the SCorp or call 704.330.6470, to schedule an appointment.