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

Release Date: 
Thursday, February 11, 2021
Release Number: 
21-08
Contact: 
matthew.coleman@sba.gov

NEW YORK, N.Y. – The U.S. Small Business Administration and its New York York District Office announced the launch of the 2021 Emerging Leaders initiative for executives of small businesses poised for growth in underserved markets. To date, more than 150 small firms throughout the 14 counties in the district office’s coverage area have graduated from the program.

According to SBA New York District Director Beth L. Goldberg this intensive executive entrepreneurship series will be fully virtual again this year and include nearly 100 hours of classroom time. “Emerging Leaders is a tested and innovative way SBA supports entrepreneurship and job growth throughout Metro New York; the program prepares growing entrepreneurs, and established small businesses looking to pivot, with a plan personally tailored for them. While it is a free “mini-MBA” course,  the concepts and lessons learned t are invaluable,” Goldberg noted.

One of the highpoints of the course is the three-year growth plan , Goldberg said. “As a former entrepreneur myself, I wish this program had been offered when I was President and CEO of my consulting company; this type of top-notch programming benefits anyone running their own small business enterprise,” she added.

SBA New York Deputy District Director John Mallano also added that the intensive class will provide participants with the opportunity to work with a network of experienced coaches and mentors. “Moreover, Emerging Leaders has had positive impact on small business owners across different underserved communities and has provided them with tools for successful growth.”

Those selected for the Class of 2021 will also be able to attend specialized workshops as well as develop connections with their peers, civic 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, Goldberg and Mallano noted.

“The SBA Emerging Leaders program helps build sustainable businesses that promote economic development across Metro New York and the Empire State. The program will provide more class participants with the necessary support, resources and skills to help achieve long-term success. I strongly urge those interested in applying today,” they 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 Metro New York Emerging Leader participants, 87% reported continuing their profitability, 60% credited the program for allowing them to increase or maintain revenue with an average revenue growth increase of 17% year-over-year and 94% stated they would recommend the program to a fellow New York City, Long Island or Lower Hudson Valley-based 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.