Archive for the Important News Category

The Graduate Management Admissions Council is looking to re-design management education and it wants you to make suggestions.  From their press release:

“GMAC is inviting anyone to submit three paragraphs that answer this question: What one idea would improve graduate management education? The GMAC Management Education for Tomorrow (MET) Fund will award a total of US$250,000 in prizes to 15 people whose ideas rise to the top, with the most promising proposal taking home US$50,000.”

Have you often thought of ways to better educate new managers?  Do you wish for changes in the MBA curriculum so the managers you hire are better prepared to deal with the issues you face? Here is your opportunity to give input into what the soon to be minted MBA’s learn.  If you do have a few thoughts, please share them with us.

Establishing a National Entrepreneurship Day is the brainchild of the founders of the Grasshopper Group who launched the initiative on May 11, 2010.  So far in excess of 1800 signatures have been gathered.

Recognizing that the economic recovery is dependent on jobs creation and that most of those jobs will be created by small to mid-size companies, the founders of the Grasshopper Group and others think the government needs to pay more attention to those size companies.

The Kauffman Foundation, which supports entrepreneurship,  is planning to tie the kick-off of its annual Global Entrepreneurship Week in November to National Entrepreneurship Day.

The signature drive is being publicized through Twitter and Facebook in order to gather the estimated 1 million signatures needed to have the petition receive serious consideration by President Obama.  The Boston Globe included an article in the Business section yesterday about the idea as Grasshopper is a local success story.

As a long-time consultant and contract CFO to entrepreneurial ventures I want to see this day get established.  So tell your family and friends!

The U.S. Small Business Administration is searching for participants in this year’s Emerging 200 Program.

The goal of the SBA Emerging 200 initiative is to identify 200 inner-city businesses across the country that show a high potential for growth—and to provide them the network, resources and motivation required to build a sustainable business of size and scale. The initiative will run executive training series in a number of urban areas and Native American communities during the 2010 cycle.

This initiative is a jobs and growth stimulation effort targeting promising inner-city small businesses. It focuses on small, poised-for-growth inner-city companies with potential for job creation. The six month intensive and comprehensive curriculum focuses on winning local strategies and attracting capital to fuel growth. In addition to 40 hours of class instruction, this includes 14 hours of mentoring.

The program is free of charge and will run from April, 2010 to November, 2010. All that is required on the part of the small business is a time commitment (60- 80 hours total) by the senior executive of the firm and a desire to take your business to the next level.

Small business owners interested in the E200 program are encouraged to contact their closest local office and/or the Emerging 200 Program at e200@sba.gov.