springfieldmass small business

RISEUP SPRINGFIELD
PROGRAM OVERVIEW

Powered by Interise's StreetWise 'MBA'™ Curriculum

PRACTICAL BUSINESS EDUCATION

An innovative collaboration between the City of Springfield, the Association of Black Business & Professionals and the Springfield Regional Chamber brings you RiseUp Springfield, powered by Interise's award-winning StreetWise 'MBA'™ curriculum. This hands-on program provides the knowledge and know-how business owners need to create (and manage) a customized, three-year strategic growth plan.

SUPPORTIVE BUSINESS NETWORK

Once connected, business owners have this revelation: “I don’t have to be alone.” As a participant, you’ll be surrounded by CEOs, like you, who will become your trusted advisors. There is also an alumni group of CEOs, living around the country, for you to connect with for advice and business opportunities.

ACCESS TO CAPITAL & CONTRACTING

Prepare for opportunities with government and anchor institutions, and learn from experts in the field of both public and private lending. Preparation for contracting success is a unique feature of the StreetWise 'MBA'™

2018 NATIONAL PROGRAM RESULTS

Based on 2017 Assessment Data, collected by Interise

  • 70% of alumni businesses increased or maintained their annual revenues, with an average annual revenue growth of 51%.
  • 80% of alumni businesses reported being profitable.
  • $863 million in government contracting secured by alumni businesses.
  • 63% of alumni CEOs stay connected to fellow participants, with 26% doing business with each other.
  • 70% of alumni businesses added or retained jobs.

BASIC ELIGIBILITY REQUIREMENTS

  • Business based in City of Springfield
  • $150,000 - $10,000,000 in annual revenues
  • One other full-time employee besides the owner(s)
  • Been in business for at least 3 years; at least 2 years of receipts needed
  • Willingness and ability to attend class for 6 months, complete mandatory assignments, as well as complete program surveys as requested.
  • Franchises are ineligible.

  • Having a written growth plan provided a road map for us to track our progress.

    “The program was instrumental in helping me to focus on the financial inner workings of my business. In addition, having a written growth plan provided a road map for us to track progress toward our stated goals, make adjustments as necessary, and stay on course. Another added bonus was the interaction with other business owners which enhanced the entire experience.”

    Toya Mitchell
    Lord & Mitchell


  • "In a year’s time of starting the program, I have doubled my revenue and number of employees."

    "Since the program, I have worked on two city contracts and two projects with one of the general contractors that supported the program. In a year’s time of starting the program, I have doubled my revenue and number of employees.”

    Terry Sowells
    SCMU, Inc.


  • “Since completing the program, my company has seen 17% growth in revenue.”

    The program has helped me to understand how important it is to follow written goals that are part of a growth plan. Just writing down your goals is the first step! Since completing the program, my company has seen 17% growth in revenue, which included contracts with government, corporate and anchor institutions — bringing over $875,000 in contracting opportunities to our business.”

    Linda Jamerson
    MFZ Ventures, Inc.


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