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African American Business Development Program |
The Urban League of Greater Cincinnati is pleased to invite you to submit your application for participation in the African American Business Development Program.
Download Application Here: Application 2009 Program
The confidential application must be completed in its entirety and all application materials must be submitted at one time. A copy of your application must be received by 4:30p.m. on November 21, 2008. Please note that participants are expected to attend all sessions. Please review the list of tentative class dates (below in the AABDP Program Topics section) to make certain that we can expect your full participation should you be selected. You will be notified of your selection status by December 31, 2008. Classes will begin Wednesday, January 21, 2009 with an Orientation and Reception on January 15, 2009 to start the program. The Urban League reserves the right to change the program and the dates.
Mission
The mission of the African American Business Development Program is to identify, prepare, involve, empower and sustain African Americans who are committed and positioned to address community challenges in Greater Cincinnati. The goal of AABDP is to create an environment where experienced owners are challenged to explore new leadership concepts and opportunities that will create sustainable companies that benefit the community through economic growth and job creation. Through this environment, the program will attract and support the growth of firms capable of providing job and career opportunities for residents of the Greater Cincinnati community.
Program Description
AABDP is a comprehensive 5-month program designed for African American business owners who want to build sustainable companies that help to create employment opportunities for the community. The highly selective program is limited to 15 participants per class/session. Applicants must have a minimum of 2 years of business experience, have a commitment to attend monthly sessions, submit a written rationale for why the company should be accepted into the program and have the willingness to be an active member of the program.
During the program, participants are exposed to “Best Practices” and experts in a variety of industries. AABDP expects its members to attend one full day meeting per month, communicate with their business coach monthly, participate in the group dialogue in each session, and meet attendance requirements.
Upon acceptance, submit payment of $750* which will cover the following:
- Cost of materials (valued at $250)
- Two hours of one-on-coaching per month for eight months (valued at $1600)
- Breakfast and lunch for each full-day session
- FastTrac® materials and supplies
*(Fee for second individual from same company is $500, coaching hours remain the same)
Objectives of AABDP
To enhance the skills business owners need to manage and grow sustainable businesses.
To increase the number of African American owned mid-sized firms
To foster an environment that is focused on growing the number of local African American firms that have more than one employee.
AABDP Program Topics
Skills Assessment and Organizational Management: Management strengths and weaknesses.
Products and Services: Current and future supplier diversity initiatives.
Marketing: Image, sales strategy, client base.
Finance: Statement analysis, cash flow, projecting growth.
Strategic Planning and Other Growth Strategies: Mergers & acquisitions, joint ventures, performance measures.
Session dates for 2009 program will follow. All classes are on Wednesdays.
January 21
February 18
March 18
April 15
May 20
PROGRAM BENEFITS
Personal & Professional
- Participate in thought-provoking leadership training activities.
- Gain a broader perspective of community issues and their impact upon the quality of life for African Americans in Greater Cincinnati.
- Have an opportunity to participate in solving problems which affect the African American community.
- Expand professional networks and enhance personal relationships.
- Receive deserved recognition and prestige as a community leader making substantial contributions to the quality of life in Greater Cincinnati.
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