Deadline nears to apply for SBA Emerging Leaders program



Miami-Dade small businesses in the growth stage are invited to apply this week for the U.S. Small Business Administration’s 2014 Emerging Leaders executive-level intensive entrepreneurship training program. Entering its seventh year, the initiative has already trained more than 2,000 promising small business owners in underserved communities around the country. The SBA’s South Florida district is one of 27 communities across the country chosen for this program this year.

The SBA says its program works. Surveyed 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. After participants in the Emerging Leaders training graduate, companies have reported they were awarded federal, state, local and tribal contracts worth more than $1 billion. Sixty-two percent of surveyed participants reported an increase in revenue while 72 percent of those surveyed reported maintaining or creating new jobs in their communities.

The free seven-month-long entrepreneurship education series includes about 100 hours of classroom time and provides the opportunity for small business owners to work with experienced mentors, attend workshops, and develop connections with their peers, business leaders and financial communities. The deadline to apply is Friday, March 21.

SCORE Miami-Dade and the Florida Small Business Development Center at FIU are assisting the SBA in this endeavor.

To participate in the 2014 SBA’s Emerging Leaders Initiative, the business must be located in Miami-Dade County; be at least three years old; have annual revenues between $400,000 and $10 million; and be willing to commit to attending the 13 training sessions and completing the homework.

Classes will run April through October and will be held at Florida International University Small Business Development Center in downtown Miami. Applie online here: http://www.interise.org/sbaemergingleaders.

Follow @ndahlberg on Twitter.

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