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SBA Looking For Emerging Leaders to Grow Their Small Businesses and Lift Underserved Communities

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SBA Looking For Emerging Leaders to Grow Their Small Businesses and Lift Underserved Communities

By ngoriel, SBA Official
Published: February 14, 2013 Updated: February 14, 2013

For the sixth consecutive year, the U.S. Small Business Administration is seeking small businesses to partake in its highly successful Emerging Leaders executive-level training initiative that provides them with the tools they need to sustain and grow their businesses.

Recruitment Underway

Local recruitment for the 2013 training cycle is underway now at SBA district offices, and classes are scheduled to begin in April. For a list of participating cities and to get more information about the Emerging Leaders initiative, go to www.sba.gov/emergingleaders or contact your local SBA District Office in that area.

Initiative is Growing

The initiative has expanded to some 27 cities and communities across the U.S. Since 2008 the Emerging Leaders initiative has helped more than 1,300 promising small business owners in underserved communities attend classes and graduate, increase their revenue, create jobs, and help drive local economic growth.

These training classes attract participants from all types of entrepreneurial disciplines and industries from all over the country, and are part of just one of many programs the SBA offers nationwide to help spark small business growth and create jobs. Watch this three-minute video that includes testimony by entrepreneurs who have benefitted from the initiative.

Showing Results

The Emerging Leaders initiative has been a catalyst for expanding opportunities for both urban small business owners and Native American communities. Sixty-seven percent of surveyed participants reported an increase in revenue, while 75 percent of those surveyed reported maintaining or creating new jobs in their communities.  Surveyed participants also reported having secured more than $26 million in new financing for their businesses, and an increase in confidence when applying for government contracts. As a result, nearly half of the initiative graduates reported securing federal, state and local contracts, worth more than $330 million.

Educating and Training

The seven-month training includes approximately 100 hours of classroom time per participant and provides the opportunity for small business owners to work with experienced mentors, attend workshops and develop connections with their peers, city leaders, and financial communities. This year SBA will launch an Emerging Leaders alumni network to continue the business-to-business connection and continuous learning.

About the Author:

Natale Goriel

SBA Official

Hi, my name is Natale and I'm serving as a Moderator for the SBA Community. Our goal is to continually improve this site to meet your needs, so we appreciate your feedback and participation.

Comments:

Usually I don't read so far back in the archives, but some of these old posts are the most informative. Early SEO work is also the most productive for Google rankings.
Would it be possible to develop this training to be administered via Internet, Skype and Web Chat? Or other electronic formats? It might open up the trainings to more people and more opportunities to grow.
  The training, as currently constructed, does not lend itself to a medium other than “in classroom”.  However, the SBA Learning Center offers online courses, web chats and videos on various business topics.
How sad!
It's too bad that the only places recognized in California are the Bay Area and Los Angeles area. The capital is never on list like this. They may as well move the Governor to LA and the Legislature to San Francisco.
How sad that this is not offered in NC and I meet the definition of length of time in business but not the other two criteria: number of employees and funds area. I think this certainly would be an awesome learning for myself as well as my volunteer Program Manager. Natale, quick question, the website indicates that selected locations are established based on funding - could we not get this training in my location if I supported the funding piece? According to what I read briefly, 100 in class hours are required so I'm assuming the remaining curriculum is available online. I would love to participate in this. We have some awesome Entrepreneurs and small business owners in the Northwest region of NC who could certainly use this training to build and grow their small business. This could spark a growth in our area by allowing us to add to our professional knowledge plus lean more about opportunities to enhance our business to the point of being able to hire employees; a win-win for this section of NC's small business and individuals looking for work in the near future. I, very excitedly look forward to your comments.
  SBA hopes to expand the Emerging Leaders network to additional cities in the future.  North Carolina is an entrepreneurial center and will certainly be considered.  The curriculum is proprietary.  It is deployed  solely in conjunction with the “in classroom” training and is not available online.  For other business workshops and events in your area,  you can contact the SBA North Carolina District Office.
What an excellent discovery! We are definitely going to check out this opportunity within our local SBA office. Very exciting and needed resource.

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