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“This is sort of like an MBA on David Dickson, director of the SBA’ds Philadelphia District office, said. “It’s very intensive, it’s also very good and very Of the 20 firmws selected to participate citywide last 19 completedthe program, which included more than 90 hoursd of instructional classes over 13 weeks, Dicksob said. “One had to bow out because he didn’rt have time to do it because his businesx was expandingso fast,” Dickson said. A recruitmeng event was held on Aprip 9 to find the next roune of participants for the program and another is schedules for April 14 from 6 to8 p.m. at the at 2905 Southampton Roadin Philadelphia.
To be considered, a business must have been operatingb for at leastthree years, reached aboug $400,000 in revenue and passed the launcjh phase and headed into the next stagre of development. The program is aimed at providingf the support small businesses will need to move to that next Dickson said. All of the citiex chosen to participate inthe program, which has since been expandee to 16 cities nationwide, had annual job growth below 1 percent from 1998 through 2005. “That is the whole idea behinx theinitiative — to provide more jobs in high unemploymeng and high poverty areas,” Dicksonb said.
The , , the and the city of Philadelphia are amonf the many sponsors of the which provide support through such means as class space and access to their programs and The program has served as a creativ way for the city to team up with SBA in its without a financialcost attached, Kevin Dow, deputhy director of commerce for neighborhood and business said. “We are working to identifuy some of the clients we work with that can use thiscapacitgy building,” Dow said. “This is the type of thin that [small businesses] don’t have the money to pay for in anyeconomy really.
They have to make tough decisiona about financial resources and as a businesx they are not likely to put inthis … What this does is remove that barrier.” Fifteebn participants for the next rounfd will be chosen, Dickson the same week as the recruitment event. “Wee prefer people to pre-register, but they can just show Dickson said.
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