The U.S. Small Business Administration announced the launch of the 2019 Emerging Leaders program in Puerto Rico for executives of small businesses poised for growth.
The Small Business
Administration’s Emerging Leaders program is free of charge. Local
recruitment for the 2019 training cycle is currently underway in San Juan and —
for the first time since the series began — in Ponce. Classes are scheduled to
start in March, ending in September.
“Given the success of SBA’s
Emerging Leaders in Puerto Rico, we have expanded the program to include Ponce
as a second location on the island, allowing for more executives to take
advantage of this outstanding training series and lead their companies to the
next level,” said SBA District Director Yvette T. Collazo.
Emerging Leaders 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
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
The SBA’s Emerging Leaders
program has graduated more than 90 companies in Puerto Rico and in the U.S. Virgin
Islands since inception in the district in 2015.
Nationwide, since 2008 Emerging
Leaders has trained more than 5,000 small business owners, creating more
than 6,500 jobs, generating over $300 million in new financing, and securing more
than $3.16 billion in government contracts.
To qualify, a business owner or
company executive must have annual sales of at least $250,000; have been in
business for at least three years; and have at least two employees.