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SBA New Jersey Recruiting for Emerging Leaders Initiative; Agency Program Helps Growing Entrepreneurs

Release Date: 
Monday, February 8, 2021
Release Number: 
21-08
Contact: 
matthew.coleman@sba.gov

NEWARK, N.J. – The U.S. Small Business Administration and its New Jersey District Office announced the launch of the 2021 Emerging Leaders initiative for executives of small businesses poised for growth in underserved markets. 2021 will mark the sixth class of the federal agency’s popular program.

According to SBA New Jersey District Director Al Titone, this intensive executive entrepreneurship series will be fully virtual again this year and include nearly 100 hours of classroom time. Additionally, the class will provide participants with the opportunity to work with a network of experienced coaches and mentors.

“SBA New Jersey is seeking applicants for the newest class of Emerging Leaders. It’s success to date has been fantastic and we’re looking for a new crop of small business owners and entrepreneurs to help grow and pivot during their business cycle,” Titone said.

Those selected for the Class of 2021 will also be able to attend specialized workshops as well as develop connections with their peers, city leaders, and the financial community.

“Interested small business owners can learn more regarding eligibility, how to apply for the 2021 training cycle and see class schedules and subjects at www.sba.gov/emergingleaders,” Titone added.

According to Titone, the SBA Emerging Leaders program helps build sustainable businesses that promote economic development within Garden State communities.  “Our primary goal is to continue attracting inner-city small business owners, who are poised for next-stage growth, and provide them with the necessary support, resources and skills to help them to achieve long-term success,” he said.

Since its inception in 2008, Emerging Leaders has trained more than 4,000 small business owners nationally, creating over 7,000 jobs, generating over $500 million in new financing, and securing over $4 billion in government contracts. According to past New Jersey Emerging Leader participants, 80% credited the program for allowing them to maintain or add new jobs at their company, 82% reported continuing their profitability and 91% stated they would recommend the program to a fellow small business owner.

For eligibility requirements, registration and training locations please visit: 2021 SBA Emerging Leaders Initiative.


About the U.S. Small Business Administration

The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov