Funnel One of The Readiness Training Program FAQs

What is the Readiness Training Program?

The RTP for HUBs focuses on the main aspects of the public contracting process. The training sessions, Funnel One and Two, are oriented primarily to minority/women-owned, and small businesses that sell and provide services to public agencies in the Austin-Round Rock MSA): professional services; commodities; construction; non-professional services.

What is Funnel One?

Funnel One sessions feature presentations by state and local HUB/M/WBE/DBE directors on how to become certified in addition to highlighting the benefits and opportunities associated with certification. Participants can also learn about current and future bid opportunities, obtain expert advice on such topics as small business finance, access to capital, bonding, and how to present their capabilities to potential prime contractors and governmental agencies. Promoting networking is another important goal of Funnel One.

What Topics Will Funnel One Cover?

The website provides the titles and sequence of the planned sessions. Website updates will include information on confirmed session and workshop presenters, dates and times.

Who Should Apply?

Funnel One training is best suited for start-up and younger firms. There are no set employee or revenue size standards for admission, although the application does ask for revenue information. Businesses who have sought to bid or worked on public projects are preferred. Governmental certification is not required, but also preferred. Note: Established firms should apply to Funnel Two (Late Spring 2023) that targets more mature companies that want to bid on larger governmental and private sector projects.

What is the Most Important Program Requirement?

ATTENDANCE! Your commitment to attend all the sessions and workshops will benefit both you and your peers. The sessions and workshops are planned sequentially thus the importance of continuous attendance. Establishing an on-going peer-to-peer network is also vital to the learning process.

 What are the Other Program Requirements?

You are expected to perform exercises and develop written materials about your business. Doing so will facilitate having our advisory business experts and professionals provide you with feedback on your completed assignments. There may be a few assignments will require that you watch videos that complement the weekly live sessions.

When does Funnel One Begin?

Funnel One training sessions will begin on Tuesday, November 29, 2022.

What is the Funnel One timeframe?

As shown on the website, there are five, weekly training sessions scheduled on Tuesdays from 4:15 p.m. to 5:45 p.m. The last session is scheduled for Tuesday, January 31, 2023. Workshops are scheduled on Thursdays from 4:15 to 5:45 p.m. We will announce the exact dates of the workshops.

Is There a Training Fee?

No. This training is offered at no cost to participants because of major financial support from the Travis County Purchasing Office, with supplemental funding from the Austin Independent School District HUB Program, and City of Austin. Small and Minority Business Resources Department.

What is the Application Process?

An on-line application and submission are required. (The application has additional instructions.) Applicants are asked to provide general business and personal information, approximate business revenue, public bidding and award history, and a description of their company challenges. Only completed applications will receive consideration.

Is my Application Information Confidential?

Yes. We will hold all application information in confidence and shared only with key project staff.

When Will You Decide on my Application?

We will have a rolling decision-making process lasting about seven business days. We will notify you based on the following: (1) Admitted, (2) Wait List and (3) Denied. We urge applicants to apply early with all their required information. We will admit a maximum of 25 businesses for the fall training.

How Will You Deliver the Training?

The weekly sessions will use the Zoom platform. We will keep our participants informed about possible venue changes and options as the situation warrants.