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omb -- SBA Update - 2/16/2011 Posted: 18 Feb 2011 08:36:19
SBA Launches Startup America Entrepreneurial Mentor Corps. WASHINGTON – The U.S. Small Business Administration today launched an initiative to mobilize members of the current generation of successful business owners to mentor and support startups and entrepreneurs to help them become the next generation of great American companies. As part of the White House’s Startup America initiative, the Entrepreneurial Mentor Corps (EMC) is aiming to support more than 1,000 startup and early-stage firms across the country. SBA is partnering with the Ewing Marion Kauffman Foundation in identifying organizations and mentoring best practices for the EMC program. In line with that, today SBA Administrator Karen Mills announced one of the first initiatives of EMC, a pilot program that will match mentors with 100 startups in the clean energy sector. The four accelerators funded in the initial stage of the project include: • CleanTech Open (Bay area and New England); • CleanTECH San Diego (Southern California and the Southwest); • Clean Energy Trust (Midwest); and, • Nevada Institute for Renewable Energy Commercialization (Mountain Region). Going forward, Startup America’s EMC program, through the partnership between SBA and the Kauffman Foundation, will work to create mentoring initiatives across many industry sectors with a target of helping more than 1,000 entrepreneurs annually and build a nationwide network of mentors, accelerators and successful startups. For more information on the Entrepreneurial Mentor Corps program please visit http://www.sba.gov/startupamerica.