SBA Seeks State‘s Small Biz Owners For 2019 Emerging Leaders Initiative

By Jessica Perry

At the Optical Academy of Clifton on Tuesday, the U.S. Small Business Administration New Jersey district office put out the call for applications for its seven-month, executive-level entrepreneurship training program for small business owners in the state.
The 2019 Emerging Leaders Initiative requires about 100 hours of classroom time per participant and will run at Rutgers Business School in Newark on April 23, through October 15.
The program is open to small business owners and executives with annual revenues of at least $250,000, SBA New Jersey District Director Al Titone said in a release. Other requirements are having at least one full-time employee, other than yourself, and having been in business for at least three years.
“Between now and March 22 we are looking for 20 of the most qualified small business owners who meet this criteria, are committed to the program, and are on the verge of taking their business to the next level,” Titone said.
Abby Ayoub, owner and chief executive officer of Optical Academy, is a 2017 graduate of the program. According to the SBA, since leaving the program her business has grown 19.5 percent.
“Taking small business owners like Abby Ayoub and getting them to take a step back from their small business and helping them find different approaches on reaching their goals is really what the Emerging Leaders Initiative is all about,” said Titone.
The Program maintains a 95 percent graduation rate, according to Titone, and has hosted 73 small business owners.
“When we interview potential candidates we’re looking for small business owners to make a significant time commitment and who have the desire to grow their business significantly. In exchange we are offering small business owners the opportunity to earn what is essentially a mini-MBA,” he added.
The application for the 2019 Emerging Leaders Initiative in Newark is available here.

CREDIT: Jessica Perry

This article provided by NewsEdge.