STREETWISE 'MBA'™ PROGRAM OVERVIEW
PRACTICAL BUSINESS EDUCATIONThe StreetWise 'MBA' curriculum was developed at Boston University, and provides business owners with the knowledge and know-how to take their business to the next level.
SUPPORTIVE BUSINESS NETWORKOnce connected, you’ll have this revelation: “I don’t have to be alone.” You’ll be surrounded by CEOs, like you, who will become your trusted advisors.
ACCESS TO CAPITAL & CONTRACTINGPrepare for opportunities with government and anchor institutions, and learn from experts in the field of both public and private lending.
2017 NATIONAL PROGRAM RESULTS
Based on 2016 Assessment Data, collected by Interise
- 67% of alumni businesses increased or maintained their annual revenues, with an average annual revenue growth of 47%.
- 82% of alumni businesses reported being profitable.
- $776 million in government, institutional, and corporate contracting secured by alumni businesses.
- 66% of alumni CEOs stay connected to fellow participants, with 24% doing business with each other.
- 67% of alumni businesses added or retained jobs.
BASIC ELIGIBILITY REQUIREMENTS
- Applicant must be the owner or co-owner of business.
- $250,000 - $10,000,000 in annual revenues
- One other full-time employee besides the owner(s)
- Been in business for at least 3 years
- Willingness and ability to attend class for 7 months, complete mandatory assignments, and complete program survey's as requested
“Able to focus on being the CEO of my business rather than just the chef.”"My biggest takeaway from Streetwise MBA is being able to step back from the day to day events and focus on being the CEO of my business rather than just the chef, creating a virtual road map to expand Charlton Becker Catering beyond my own expectations."
Charlton Becker Catering
"I learned to better manage my time and strengths, and delegate the rest.""I quickly realized that all the reasons why I was unsure about participating in Interise were the exact reasons why I needed to commit. I learned to better manage my time and strengths, and delegate the rest. I learned how to know for sure how healthy my business is, and I discovered the power behind a three-year growth plan and having a direction to steer this ‘boat.”
"Interise has given us invaluable expertise in small business.""Interise has given Alco Auto Parts invaluable expertise in small business, which we plan to incubate and hatch into healthy profits and growth. We learned about best practice as a small business owner and met great business people with shared interests."
Alco Auto Parts
"Interise has given us contacts and confidence to go after the funding we need.""The things we prioritized in class we would have never gotten to otherwise. I think this program saved us lots of time and money and prevented mistakes that would have been made otherwise. We have a really clear plan with actionable goals for the years ahead and we are much more confident in our growth plan. Interise has given us contacts and confidence to go after the funding we might need.”
"I have never been able to see the big picture before taking this class.""I can now step away from the every day workings of the business and look at the big picture. I have never been able to see the big picture before taking this class. This class has given me the necessary tools to push my business forward so that we can be a thriving business in the Boston area for generations to come.”
Ron's Gourmet Ice Cream
THE STREETWISE 'MBA'Interise's StreetWise 'MBA' provides entrepreneurship education and training for executives of small, poised-for-growth companies that are potential job creators. This intensive executive entrepreneurship series includes nearly 100 hours of classroom time. It also provides opportunities for small business owners to work with experienced coaches and mentors, attend workshops, and develop connections with their peers, local leaders, and the financial community.
Since its inception in 2004, over 6,000 small business owners have taken the StreetWise 'MBA', generating over $300 million in new financing, and securing over $3.16 billion in government and anchor contracts.
Over the course of seven months, participants are given the opportunity to work with experienced mentors, attend specialized workshops and develop connections with their peers, city leaders, and the financial community. Recruitment for the program occurs on an annual basis, beginning in February and classes typically begin in April. The program incorporates a curriculum that is research-based and nationally scalable, enabling participating businesses to engage in focused development and expansion strategies, including options for accessing new capital and securing government contracts.
Government statistics confirm that underserved small businesses are the engines of sustained economic growth and job creation. Small businesses in underserved cities added close to three times as many jobs to their local economies as large companies over the last decade
Do I qualify to participate?
This training is for established business owners and is not for start-ups or people who are thinking about starting a business. The StreetWise 'MBA' program is open to small business owners and executives that:
- Have annual revenues of at least $250,000
- Have been in business for at least 3 years
- Have at least one employee, other than self
What are the key program highlights?
- Customized training for “C” (CEO, COO, etc.) level executives with demonstrated business sustainability of at least 3 years in business and annual revenue of at least $250k
- A three-year strategic growth action plan with benchmarks and performance targets to help the participant emerge as self-sustaining businesses that creates jobs and build communities
- Includes 100 + hours of professional specialized training and peer-to-peer counseling delivered over the course of seven months
- Specialized areas of training include:
- Growth Strategies Plans
- Financing and Access to Capital
- Government Contracting
What types of businesses participate in the program?
There are currently no restrictions on the types of businesses that can participate. Some examples of participating businesses include: manufacturers, retail/wholesalers, contractors, professional services and food service.
In what ways does the program support my business?
The training is specifically designed to stimulate and support the expansion of your business. The curriculum provides strategies to help you access new avenues of capital. It offers practical tools to pursue new paths for business development. It surrounds you with a network of government resources and local business leaders prepared to invest time and energy in your business.
What are the overall benefits of participation?
The end result of the executive education prepares and encourages small businesses to move to the next level on their growth trajectory and to help them emerge as self-sustaining businesses that create jobs and build communities. At the conclusion of the training, entrepreneurs produce a three-year strategic growth action plan with benchmarks and performance targets that will help them access the necessary support and resources to move forward.
What is the cost to participate in the StreetWise 'MBA' program?
The program costs $1500, plus your time and commitment to complete the curriculum over the course of seven months. All other costs are covered by local partners.
Who else has taken this program?
Check out a few of the Boston-area alumni by clicking here and read their growth stories by by clicking here.
How do I sign up?
Business executives interested in participating should complete the online registration form. Click here to access the application.
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