The SBA is funded for the 9th consecutive year to offer the Emerging Leaders executive level training initiative. The goal of the program is to identify existing urban based small businesses that show a high potential for growth and to provide them with the network, resources and motivation required to build a sustainable business of size and scale. There are 15 slots open for businesses that meet the following criteria:
At least $400,000 in annual sales but not to exceed $10 million
At least 3 years in business
At least 1 employee in addition to the owner
Participants must be a key decision maker within the company such as the CEO, COO, CFO, Owner, or President.
The program requires participants commit to a total 100 hours, including 40 hours (13 sessions) of classroom training, 7 CEO mentoring meetings, and course work assignments. At the end of the program, participants will have a three year strategic plan tailored to their business, as well as a network of business resources that they can utilize well into the future. Classes start the end of April 2017 and run through early November 2017. The training is sponsored by the SBA and is provided at no cost to participants.
Training Module Topics:
Business and Strategic Assessment: Setting the Stage for Growth—Three Sessions
Financial Analysis and Management—Three Sessions
Marketing and Sales—Building Profitable Sales—three sessions
Resources—Getting What You Need to Grow— Includes Human Resources, Sources of Financing,
Government Contracting—Three sessions
Putting It All Together—Presentation of Growth Plans to Experts—One Session
To apply, please visit : http://www.interise.org/SBAEmergingLeaders All applicants will be reviewed and you will be notified of your status.
Questions? Contact Nancy Grose, Emerging Leaders Program Manager, [email protected], 313.324.3610.
For more information on the SBA Emerging Leaders initiative please visit:
Detroit Economic Growth Corporation
Detroit Regional Chamber of Commerce
Great Lakes Women’s Business Council
Michigan Black Chamber of Commerce
Michigan Economic Development Corporation
Michigan Minority Supplier Development Council Michigan Small Business Development Center
Michigan State University Detroit Center