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SBA begins recruitment for Emerging Leaders Training Series in Puerto Rico

By on February 14, 2019

SAN JUAN – The U.S. Small Business Administration announced Thursday the launch of the 2019 Emerging Leaders program in Puerto Rico for executives of small businesses.

The SBA’s Emerging Leaders program is free of charge. 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.

Local recruitment for the 2019 training cycle is underway in San Juan and 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,” SBA District Director Yvette T. Collazo said.

The SBA explained that Emerging Leaders provides free entrepreneurship education and training for executives of “small, poised-for-growth companies that are potential job creators.”

It includes nearly 100 hours of education and provides opportunities for small-business owners to work with coaches and mentors, attend workshops, and develop connections with their peers, local leaders and the financial community.

The program has graduated more than 90 companies in Puerto Rico and in the U.S. Virgin Islands since 2015.

“Nationwide, since 2008 Emerging Leaders has trained over 5,000 small business owners, creating over 6,500 jobs, generating over $300 million in new financing, and securing over $3.16 billion in government contracts,” according to the release.

Business executives who want to join the 2019 Emerging Leaders cycle can register their interest online at www.sba.gov/emergingleaders or by contacting Angelique Adjutant at angelique.adjutant@sba.gov.

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