What a start! This Spring WMADO launched SBA's inaugural Emerging Leaders initiative in Washington, DC. Emerging Leaders is an executive-level training program offered to firms with the capacity to take their businesses to the next level through a combination of intensive classroom instruction, peer-to-peer interaction and networking.
While this is the first year for WMADO, the Emerging Leaders training program has seen great success in other cities. Since inception, 2,000 businesses have completed the intensive seven-month program. These firms reported an average of 40 percent revenue growth. Nearly half of them secured federal, state and local contracts worth a cumulative total of $330 million. Also, since completing their Strategic Growth Action Plans, these businesses have accessed more than $26 million in new financing.
Our kickoff was held at the United States Capitol Visitor Center and featured a series of guest speakers, each offering encouragement and... Read More