PHILADELPHIA (KYW Newsradio) — The U.S. Small Business Administration is accepting applications for a free executive-level program that provides intensive education and training to help business owners expand reach and profitability.
The SBA's Emerging Leaders, an mini-MBA-styled program, started in 2008. It wasn't offered last year because of the pandemic but it will make a return later this year with 100 hours of classroom instruction either in person at the King of Prussia office or virtually if need be.
"It's a significant amount of time, but the growth that we have seen businesses obtain after that has been very significant," said Rob Goza, lead economic development specialist with the SBA's Eastern Pennsylvania District office.
"In the last decade, the Emerging Leaders programming has trained more than 4,000 small business owners, helped them create over 7,000 jobs. They've generated over $300 million in new financing, and secured over $4 billion in government contracts."
Goza said the training often transforms students into job creators. "They're able to expand their reach geographically. Oftentimes, they find themselves able to take advaadvantage of government contracting opportunities with the federal government as well as to expand even perhaps into exporting," he explained.
For eligibility requirements, registration and training locations, you can visit the SBA's website.