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2015 Emerging Leaders Program to Start in April
The SBA's Wichita District Office will host another Emerging Leaders program for business executives starting in early April. The Emerging Leaders Initiative is an intensive seven month training course that specifically focuses on the professional development of executives of '2nd stage' businesses poised for growth in Kansas.
The Wichita District Office is seeking a diverse group of 17 business owners or chief executives from varied industries, such as: retail, professional services, manufacturing, technology, etc., including family-owned businesses going through a leadership transition.
About Emerging Leaders Initiative:
Emerging Leaders curriculum was developed, in part, by Boston University Institute of Technology, Entrepreneurship & Commercialization. The program is designed for the participant to emerge a self-sustaining business with a three-year strategic growth action plan with benchmarks and performance targets that can support sustainable job creation. The program is interactive, pertinent and applicable, so participants have the opportunity to use their own business as a live case study. For this reason, it is not a program approrpriate for 'start-ups'.
The initiative helps entrepreneurs focus on taking a step back from the day-to-day work to see the big picture. The Emerging Leaders Initiative program is considered a global leader in entrepreneurial and business development by The World Bank. It is a rigorous executive-level curriculum tailored to the needs of small business owners.
Participants will graduate the program with a 3-year growth plan that has been vetted by peers and business experts and is based on their individual business’ situation and goals. In addition, the participants will have access to a network of peers and business leaders who can continue to provide support and accountability as the growth plan is implemented.
As the class becomes a tight-knit group that builds trust and relationships over time, they will help each other think outside the box, and develop creative solutions with tangible action steps. The initiative is interactive, fun, and hands-on.
While the seven-month Emerging Leaders program is offered at no cost, the curriculum does require over 100 hours of classroom, reading, and project time per participant.
Over the course of 26 weeks (from April through October 2015), participants will attend 13 three-hour classes held every other week. Classes will take place on Wednesday afternoons, two times per month. Class time, date and location information will be released in the coming weeks.
A free one-hour information session about the SBA Emerging Leaders program will occur on Friday, February 13, 2015 from 3:00 - 4:00 PM at the SBA Wichita District Office, 220 W. Douglas Ave., Suite 450 (in Page Court building), Wichita, KS 67202. Please contact Michael Aumack (316) 269-6275 to reserve your seat.
Background and Statistical Success:
Since 2008, this SBA initiative has trained more than 2,400 promising small business owners, and continues to expand its impact helping small businesses grow and create jobs. Wichita was selected to host the initiative for the first time in 2014.
Emerging Leader graduates have secured more than $1 billion in government contracts and accessed $73 million in new financing. Graduates also reported having created nearly 2,000 new full-time jobs since the program’s inception. Sixty-two percent of surveyed participants reported an increase in revenue while 70 percent of those surveyed reported maintaining or creating new jobs in their communities. The initiative graduated nearly 400 small business owners in 2014, representing the largest graduating class since it began in 2008.
- Be an established business (in existence for at least 3 years)
- Annual revenues between a minimum of $400,000 and a maximum of $10 million
- 3 employees or more, recommended
- Time commitment of the business owner (or executive "decision-maker") to dedicate themselves to attend every class, and complete course assignments. In total, it is over 100+ hour commitment. Only one representative of a business can participate in the program.
Interested and qualified small business owners are encouraged to apply at: http://www.interise.org/sbaemergingleaders. The application deadline is Friday, March 6, 2015.
For more information about the 2015 Emerging Leaders program, please contact Michael Aumack at (316) 269-6275.