CNHED has partnered with the George Washington University School of Business to develop a training for local entrepreneurs in Washington, D.C. through our new ELEVATE program. ELEVATE, which stands for Executive Leadership Education Venture Advancing Talented Entrepreneurs,aims to provide best-in-class training to minority small businesses located in DC to acquire new skills that will allow them to more effectively and efficiently manage their business’ products and services and increase revenue and employment.
We’re excited to announce the next chapter in entrepreneur and business education began last week! Our inaugural class of our Executive Leadership Education Venture Advancing Talented Entrepreneurs (ELEVATE) has officially launched.
The Coalition for Nonprofit Housing & Economic Development (CNHED) is excited to share our 2020 Annual Report that outlines not only our accomplishments throughout the year, but also forecasts our future work in 2021.
Applications are now open for CNHED and George Washington University’s new ELEVATE program. ELEVATEaims to provide best-in-class training to minority small businesses located in the DC to acquire new skills that will allow them to more effectively and efficiently manage their business’ products and services and increase revenue and employment. Apply today!
ELEVATE, developed by the George Washington University School of Business Center for Entrepreneurial Excellence (CFEE) and led by faculty members, Professors George Solomon and Ayman El Tarabishy, provides training to minority small businesses in the District of Columbia to prepare them to more effectively and efficiently manage their business’ products and services while increasing revenue and employment.
Upon completion of the curriculum, ELEVATE students will be able to:
Succinctly and critically analyze and evaluate various business opportunities
Develop an entrepreneurial mindset to help create a digital corporate strategy
Comprehend the complex roles of entrepreneurship, leadership, and management throughout the development of organizational strategies
Recognize new opportunities for introducing innovation in wide-ranging organizational settings
Develop a strategy for contracting and procurement with anchor institutions and corporations
Understand various financial valuations of your firm
ELEVATE Eligibility Criteria
Must be a registered business and located in the District of Columbia
Minority-owned Business Enterprise (MBE)
Minimum 51% minority-ownership
Must meet at least two of three criteria:
In business for at least five or more years
Minimum of 10 full-time employees
Annual revenue of $500K or more
Applications for the ELEVATE curriculum are currently closed. We will be accepting applications for the second cohort in early fall 2021.
ELEVATE is part of JPMorgan Chase’s national Ascend program, which is a national initiative that provides minority-owned and women-owned businesses access to capital, public and private market opportunities and advanced management education. Ascend connects minority entrepreneurs to business schools, suppliers and community partners to improve access to the 3-Ms: management strength (through business education), markets (business-to-business and consumers), and money (seed capital, flexible credit and equity investment). Ascend was developed by the University of Washington Foster School of Business. It links business schools, business service-providing organizations and Community Development Financial Institutions to provide tools and resources that are not always available to businesses in underserved neighborhoods.