SBA Emerging Leaders initiative
 
  				Emerging Leaders is a free educational series that provides executives with the organizational framework and resources to build sustainable businesses and support economic development within underserved communities.
					General information about this opportunity
					
					Last Known Status
				 
					Active
					Program Number
				 
					59.069					
Federal Agency/Office
				 
					Small Business Administration					
Type(s) of Assistance Offered
				 
					C - Direct Payments For Specified Use					
					
Program Accomplishments
					Fiscal Year 2022 In FY 2022, 78% of T.H.R.I.V.E. participants obtained revenue growth, and 66% of participants were successful at creating or retaining jobs. Additionally, 93% of participants indicated that they would recommend the program to other business owners.					
Authorization
				 
					15 USC 637(b)(1)(A)(Section 8(b)(1)(A) of the Small Business Act.)					
Who is eligible to apply/benefit from this assistance?
					Applicant Eligibility
					Existing small business owners that meet criteria, this training is for established business owners and is not for start-ups or people who are thinking about starting a business. The Emerging Leaders Initiative advanced training series is open to small business owners and executives that have annual revenues of at least $400,000.00, have been in business for at least 3 years, and have at least one employee, other than self.					
Beneficiary Eligibility
					Existing small business owners					
Credentials/Documentation
					N/A					
What is the process for applying and being award this assistance?
					Pre-Application Procedure
					Preapplication coordination is not applicable.					
Application Procedure
					2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. This program is excluded from coverage under 2 CFR 200, Uniform Administrative Requirements, Cost Principals, and Audit Requirements for Federal Awards.					
Award Procedure
					Based on available funding					
Deadlines
					Contact the headquarters or regional location, as appropriate for application deadlines					
					
Approval/Disapproval Decision Time
					Not applicable.					
Appeals
					Not applicable.					
Renewals
					Not applicable.					
How are proposals selected?
					Criteria stated within Statement of Work					
How may assistance be used?
					Over the course of seven months, participants build capacity through the reinforcement of their business skills and development of their resource network.  SBA Emerging Leaders specialized areas of training include: Business development strategies; Strategic planning; Finance and financial management; Marketing and sales; Human resources; Accessing capital (SBA and beyond); Government contracts (federal, state, local); and CEO mentoring. 
					
What are the requirements after being awarded this opportunity?
					Reporting
					Performance Reports: Yes, national trainer (contractor) submits reports to COR.					
Auditing
					Not applicable.					
Records
					Routine records according to current Statement of Work					
Other Assistance Considerations
					Formula and Matching Requirements
					Statutory formula is not applicable to this assistance listing.
Matching requirements are not applicable to this assistance listing.
This program has MOE requirements, see funding agency for further details. Additional Information: N/A					
Length and Time Phasing of Assistance
					Training classes over the course of 7 months N/A					
Who do I contact about this opportunity?
					Regional or Local Office
					51 host offices as listed on sba.gov/emergingleaders					
Headquarters Office
					John Bienko
409 3rd St., SW
6th Floor
Office of Entrepreneurship Education
Washington, DC 20416 US
john.bienko@sba.gov
Phone: 202-205-6052					
Website Address
					http://www.sba.gov/emergingleaders
					Financial Information
					Account Identification
					73-0400-2-3-376					
Obligations
					(Direct Payments for Specified Use) FY 17 est $2,675,421.00; FY 15$2,555,067.00; FY 16 est $2,732,421.00; - N/A					
Range and Average of Financial Assistance
					N/A					
Regulations, Guidelines and Literature
					Not applicable.					
Examples of Funded Projects
					Fiscal Year 2015 $2,555,067
Fiscal Year 2016 $2,732,421
Fiscal Year 2017 $2,675,421
Fiscal Year 2022 T.H.R.I.V.E. stands for Train. Hope. Rise. Innovate. Venture. Elevate. - an executive-level training series for established business owners looking to scale and grow. T.H.R.I.V.E. Emerging Leaders Reimagined, formerly known as Emerging Leaders, is available in 68 cities nationwide. The program addresses topics such as increasing revenue, developing a thriving company culture, increasing customer satisfaction, and strategies to diversify and innovate.