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April 24, 2022 | Tom Ballard

SBA launches reimagined entrepreneurship program now named “T.H.R.I.V.E.”

Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA), has announced the launch of “T.H.R.I.V.E. (Train, Hope, Rise, Innovate, Venture, Elevate),” a reimagined training program for small business leaders, that was formerly known as “Emerging Leaders.”

The “T.H.R.I.V.E. Emerging Leaders Reimaginedinitiative will provide up-and-coming small business leaders with tools, knowledge, and access to the best and the brightest minds in economic development to help them accelerate their growth and help them become competitive in an increasingly global economy,” she was quoted as saying in this news release issued on Friday.

Local area recruitment for the 2022 training cycle has begun. Small business owners can learn more regarding eligibility, how to apply, program format, and locations by visiting or by contacting their local SBA District Office.

“T.H.R.I.V.E.” is open to small business owners and executives that have: (1) annual revenues of at least $250,000; (2) been in business for at least three years; and (3) at least one employee, other than self. It will be offered in 68 locations. The only one in Tennessee is in Memphis.

Those selected for the program will receive complimentary entrepreneurship education and training for six months. The  intensive executive entrepreneurship training series includes in-person coaching, self-paced instruction, mentoring, and classroom time. The program allows participants to work with a network of experienced subject matter experts in core business topics like accounting, business strategy, marketing, and human resources customized for the unique needs of small business owners.

Application deadline is May 31.

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