SBA Emerging Leaders Initiative Debuts in Fairbanks
Free “Mini-MBA” Program Provided by SBA Offered in Alaska for First Time Gives Business Owners Tools to Spark Sustainable Business Growth, Job Creation
Image courtesy of PromoRepublic
FAIRBANKS, Alaska - For the first time in Alaska, the U.S. Small Business Administration (SBA) Alaska District Office is offering the Emerging Leaders training initiative for local small businesses on the brink of growth.
The SBA Emerging Leaders initiative provides free entrepreneurship education and training for executives of small, poised-for-growth companies that are potential job creators.
This intensive executive entrepreneurship series includes nearly 100 hours of classroom time. It also provides opportunities for small business owners to work with experienced coaches and mentors, attend workshops, and develop connections with their peers, local leaders and the financial community.
“I love the Emerging Leaders program! Where else will you find an executive leadership program of this caliber offered to the owners of growing small businesses, and at no cost to them?” SBA Alaska District Director Nancy Porzio said. “I worked with this program in another SBA office and the participants raved about the curriculum and format of the classes; in fact several of the graduates continue to meet informally to this day to discuss their businesses. ”
Since its inception in 2008, the SBA Emerging Leaders Initiative has trained more 5,000 small business owners across the country.
SBA Emerging Leaders graduates have created more than 6,500 jobs, generated more than $300 million in new financing and secured more than $3.16 billion in government contracts.
“For every $200 the SBA invests in the Emerging Leaders program, a new job is created,” SBA Regional Administrator Jeremy Field said. “That’s a substantial return on investment for small business owners ready to grow and actively contribute to our economy and communities.”
The SBA Emerging Leaders Initiative has grown to be offered in 60 cities across the U.S. during 2018.
Basic eligibility requirements to participate in the SBA Emerging Leaders Initiative include the following:
- Be a small business owner or head decision-maker
- Have business annual revenues between $400,000 and $10 million
- Have been in business for at least three years
- Have at least one employee, other than self
- Make the time commitment required of the course
- Demonstrate the business is on the brink of growth or transition
The SBA Emerging Leaders Initiative is free to small business owners, but space is limited. There are 18 available seats for the 2018 program in Fairbanks.
The SBA Alaska District Office is now accepting online applications at www.sba.gov/EmergingLeaders through March 1. The program will run from April to October 2018.