The SBA Emerging 200 initiative is part of SBA’s effort to reach under-served markets, specifically those inner-city companies that have achieved early success and are ready for the next level of growth. The initiative identifies businesses in 11 cities across the country that show a high potential for growth and will provide them with focused management training, business network contacts, and access to the financial resources required to build a sustainable business within a designated Inner-City geographic location. Since America’s inner-cities are home to more than 850,000 small and mid-size businesses, the E-200 effort will enhance their potential as drivers of inner-city economies and job growth. These businesses, many of whom today are relatively small by size or revenue, are the future source of new job generation, community economic development and wealth creation for inner-city residents and provide much needed products and services for diverse inner-city communities.
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The e200 initiative includes 13 weekly three-hour training sessions dealing with a variety of topics, including management, growth strategies, market development, strategic planning, government contracting and access to capital. Participants must attend all classes and complete all homework assignments.
An introductory program will be held at 7 a.m. March 22 in the Parrish Building, 737 Union, Room 101, at Southwest Tennessee Community College.Classes, which begin April 21 and run through Nov. 3, will be held at the Renaissance Center, 555 Beale.
For more information, contact Saundra Jackson at 901-526-9300 or send an e-mail to Saundra.Jackson@sba.gov. The deadline for applications is March 25.
