Small business owners across the U.S. can apply for the T.H.R.I.V.E. Emerging Leaders Reimagined Program, offered by the U.S. Small Business Administration (SBA), for professional development. This program provides a chance for small business owners to expedite their business growth by participating in a rigorous executive-level training program.
T.H.R.I.V.E. is an acronym for Train, Hope, Rise, Innovate, Venture, Elevate. The program combines online learning with in-person sessions, focusing on enhancing leadership abilities, strategic financial management, market innovation, and fostering a thriving company culture. Participants will engage in an interactive curriculum, receive coaching from experienced business experts, and work on developing a three-year strategic growth action plan over six months, starting in late June 2024 and ending in December 2024.
According to the SBA, 96% of the 2023 participants would recommend T.H.R.I.V.E. Emerging Leaders Reimagined to their peers, while 92% reported gaining additional knowledge and insights from the program’s curriculum. The initiative offers participants tailored engagement, problem-solving, and peer-to-peer interaction. It also aims to create a business ecosystem that includes peers, government leaders, and the financial community. The program’s ultimate objective is to assist in developing sustainable and scalable businesses that contribute to local and national economic growth.
“T.H.R.I.V.E. Emerging Leaders Reimagined is an energized and excellent opportunity for emerged U.S. small business owners to gain the additional knowledge and tools to diversify and grow their revenues and scale,” says U.S. Small Business Administration Associate Administrator Mark Madrid. “In addition to a curated curriculum, this innovative cohort model creates the magic of small business owners learning from, networking with and nurturing peer-to-peer encouragement with other like-minded small business owners. We look forward to another successful year of this program. Since its inception, this initiative has trained nearly 9,000 small business owners, created over 11,000 jobs, generated nearly $1 billion in new financing, and secured over $4 billion in government contracts.”
Prospective applicants can find out more information and submit their applications through sbathrive.com. The program is scheduled to begin on June 18, 2024. It is being executed by Isom Global Strategies (IGS), a woman-owned small business with 25 years of federal program management and public education.
“We know what small businesses want and need,” IGS CEO Towan Isom says. “We’ve led many small business programs, including for the U.S. Department of Commerce, the National Institutes of Health, the Georgia Institute of Technology, and more. The program is innovative and disruptive, and the feedback is compelling. We’re so excited to enter year three of the program.”
