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Los Angeles SBA Launches 2014 Emerging Leaders Initiative

Release Date: 
Monday, February 24, 2014
Release Number: 
Advisory Number: 
Patrick Rodriguez: (818) 552-3222

LOS ANGELES – The U.S. Small Business Administration has launched the Los Angeles 2014 Emerging Leaders executive-level, intensive entrepreneurship training initiative for small business owners. Los Angeles was fortunate to be one of 27 cities and communities across the country to host this training.

Local recruitment for the 2014 training cycle is underway at the Los Angeles District Office, and classes are scheduled to begin in April. Information on how interested small business owners can apply and on the eligibility criteria can be found at www.sba.gov/emergingleaders.

The Los Angeles and national registration website is: www.interise.org/sbaemergingleaders with a registration deadline of Monday, March 24, 2014.

In 2013, the initiative graduated nearly 400 small business owners, representing the largest graduating class since it began in 2008. For more information about Emerging Leaders – Los Angeles, please contact Walter Stamps at (818) 552-3258 and/or email at: Walter.Stamps@sba.gov.

The seven-month, executive intensive entrepreneurship education series 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.

The Emerging Leaders initiative has been a catalyst for expanding opportunities for underserved communities. Emerging Leader graduates have created nearly 2,000 new full-time jobs since the program’s inception. These graduates also reported having secured more than $73 million in new financing for their businesses, and were awarded federal, state, local and tribal contracts, worth more than $1 billion.

“Emerging Leaders has a proven track record of helping small businesses in underserved communities,” said SBA Acting Administrator Jeanne Hulit. “Graduates of the program have increased their revenue, created jobs and helped drive local economic growth in their communities. Adding new locations this year builds on this success and provides even more entrepreneurs in underserved communities with the support, resources and skills to succeed.”

The cities hosting Emerging Leaders initiative classes in 2014 are:

• Albuquerque, N.M

• Atlanta, Ga.

• Baltimore, Md.

• Boston, Mass.

• Chicago, Ill.

• Dallas, Texas

• Denver, Colo.

• Detroit, Mich.

• Fresno, Calif.

• Honolulu, Hawaii

• Newark, N.J.

• Los Angeles, Calif.

• Memphis, Tenn.

• Miami, Fla.

• Milwaukee, Wis.

• Minneapolis, Minn.

• New Orleans, La.

• Oklahoma City, Okla.

• Philadelphia, Pa.

• Phoenix, Ariz.

• Portland, Ore.

• Seattle, Wash

• St. Louis, Mo.

• Syracuse, N.Y.

• Washington, D.C.

• Wichita, Kan.

• Youngstown, Ohio


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