MILWAUKEE, WI – The U.S. Small Business Administration recognized 12 small businesses Tuesday, November 8, 2011 in a graduation ceremony in downtown Milwaukee. The goal of the SBA Emerging 200 initiative is to identify urban and Native American businesses across the country that show a high potential for growth—and to provide them the network, resources and motivation required to build a sustainable business of size and scale within a designated urban or Native American geographic location and in so doing create jobs.
Milwaukee was selected to participate in the SBA’s Emerging 200 Initiative (e200) with twelve businesses signing up. There were 27 cities in all nationwide that took part in this initiative.
The CEOs and small business owners who have graduated from the program have produced a three-year strategic growth plan with benchmarks and performance targets. They were trained further to target their business strategies to accelerate growth, explore financing, diversify markets, and expand their networking.
“We were very pleased, along with our co-sponsors, to bring Emerging 200 and its MBA-style environment and program, to small businesses in Milwaukee,” Eric Ness, Director of the SBA’s Wisconsin District Office, said. “We had a fantastic Class of 2011 and we appreciate their dedication to the program. We feel that each one of them will have a brighter future because of their participation, and that the economy of the Milwaukee area will benefit as well.
The foundation of the e200 in Milwaukee was an in-depth educational program including 40 hours of classroom work and 12 hours of team assignments away from the classroom, which ran from April through October 2011, focusing on topics such as organization management, growth strategies, capital management, market development, and strategic planning. Gene Wright, Program Director, Executive MBA Program, UW-Milwaukee was the class instructor.
Graduates recognized for completing the program include:
- Jim Gaillard, Pyramid Electric Co., LLC
- Ann Neshek, Arrow-Crete Construction, LLC
- Brian Miracle, Miracle Construction
- Kim Palama, KD’s Eagle Lady Crafts
- Rita Thomas, AP Contractors, LLC
- Penny Anstey, SightLine, LLC
- Deysi Seda, Sharper Construction, LLC
- Darius Wright Jr., Edwards Engineering Consultants, LLC
- Shanna M. Reid, One Accord, LLC
- Andrew Braatz, Braatz Building, Inc.
- Arthur Delaney, Advance Painting & Construction, LLC
- Greta I. Smith, Great Lakes Power Vac, LLC
Cosponsors for Milwaukee’s 2010 e200 program were:
- City of Milwaukee
- Southeast WI SCORE Chapter
- Wisconsin Women’s Business Initiative Corporation (WWBIC)
- Greater Milwaukee Committee
- Small Business Development Center at UW-Milwaukee
- Potawatomi Business Development Corporation
- American Indian Chamber of Commerce
- Metropolitan Sewerage District
- Wisconsin Economic Development Corporation
- WI Department of Administration, Bureau of Minority Business Development
- Manpower, Inc.
Participation in e200 was free to qualifying businesses. Criteria for participation included having been in business for a minimum of three years, $400,000 or more in gross annual revenues, and a business location within the geographic boundaries defined by the SBA.
For more information on SBA’s Emerging 200 Initiative, visit our website at http://www.sba.gov/content/sba-emerging-200-initiative-0