The Coalition for Nonprofit Housing and Economic Development (CNHED) and George Washington University, School of Business (GWSB) are accepting applications for the Cohort III of the ELEVATE (Executive Leadership Education Venture Advancing Talented Entrepreneurs).
Donor Name: Coalition for Nonprofit Housing and Economic Development (CNHED)
State: District of Columbia
County: All Counties
Type of Grant: Program
Deadline: 01/17/2023
Details:
This program is focused on helping local Minority Business Enterprises (MBEs) more effectively and efficiently manage their business’ products and services and increase revenue and employment.
CNHED’s Executive Leadership Education Venture Advancing Talented Entrepreneurs (ELEVATE) Program provides best-in-class training to minority-owned small businesses (MBEs) located in DC. Through ELEVATE, MBEs work to acquire new skills that allow them to more effectively and efficiently manage their business, products, and services, as well as increase revenue and employment.
ELEVATE is the only minority executive education program in DC that is backed by a university partner. The 3-month ELEVATE curriculum, developed by the George Washington School of Business (GWSB) Center for Entrepreneurial Excellence, is led by GWSB faculty members.
The ELEVATE curriculum is tailored to enhance and cultivate new skills that will enable MBEs to compete in the private, institutional, and government procurement sectors. MBEs completing ELEVATE will leave the program with a newfound clarity and dynamism that will catapult their business to the next level.
Curriculum Pillars
- Leadership
- Growth
- Professionalism
- Sustainability
The ELEVATE curriculum is designed to help small business owners and entrepreneurs
- Succinctly and critically analyze and evaluate various business opportunities
- Develop an entrepreneurial mindset to help create a digital corporate strategy
- Comprehend the complex roles of entrepreneurship, leadership, and management throughout the development of organizational strategies
- Recognize new opportunities for introducing innovation in wide-ranging organizational settings
- Develop a strategy for contracting and procurement with anchor institutions and corporations
- Understand various financial valuations of your firm
Benefits to MBEs
Upon completion of the program, ELEVATE students will be able to:
- Comprehend the complex roles of entrepreneurship, leadership, and management throughout the development of organizational strategies.
- Recognize new opportunities for introducing innovation in wide-ranging organizational settings
- Enhance their competitive advantage to compete in the private, institutional, and government procurement sectors
- Refine or sharpen the business’ corporate strategy
- Receive certification from George Washington University School of Business
Eligibility Criteria
- Must be a registered business and located in the District of Columbia
- Minority-owned Business Enterprise (MBE)
- Minimum 51% minority-ownership
Selection Criteria
Must meet at least TWO of the below criteria:
- In business for at least three years
- Minimum of five full- or part-time employees
- Annual revenue of at least $300K
For more information, visit ELEVATE Cohort III.
