Newark CEDC

BEDC StreetWise MBA Overview

Powered by Interise's StreetWise 'MBA'™ Curriculum

PRACTICAL BUSINESS EDUCATION

The Bermuda Economic Development Corporation brings you the BEDC StreetWise MBA Program, powered by Interise's award-winning StreetWise 'MBA'™ curriculum. This hands-on program provides the knowledge and know-how business owners need to create (and manage) a customized, three-year strategic growth plan.

SUPPORTIVE BUSINESS NETWORK

Once connected, business owners have this revelation: “I don’t have to be alone.” As a participant, you’ll be surrounded by CEOs, like you, who will become your trusted advisors. There is also an alumni group of CEOs, living around the country, for you to connect with for advice and business opportunities.

ACCESS TO CAPITAL & CONTRACTING

Prepare for opportunities with government and anchor institutions, and learn from experts in the field of both public and private lending. Preparation for contracting success is a unique feature of the StreetWise 'MBA'™

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 24%.
  • 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

  • Earn gross annual revenue of less than $5 million
  • One other employee besides the owner(s)
  • Been in business for at least 3 years
  • Willingness and ability to attend class for six to seven months, complete mandatory assignments, and complete program surveys as requested

  • Having a written growth plan provided a road map for us to track our progress.

    “The program was instrumental in helping me to focus on the financial inner workings of my business. In addition, having a written growth plan provided a road map for us to track progress toward our stated goals, make adjustments as necessary, and stay on course. Another added bonus was the interaction with other business owners which enhanced the entire experience.”

    Toya Mitchell
    Lord & Mitchell


  • "In a year’s time of starting the program, I have doubled my revenue and number of employees."

    "Since the program, I have worked on two city contracts and two projects with one of the general contractors that supported the program. In a year’s time of starting the program, I have doubled my revenue and number of employees.”

    Terry Sowells
    SCMU, Inc.


  • “Since completing the program, my company has seen 17% growth in revenue.”

    The program has helped me to understand how important it is to follow written goals that are part of a growth plan. Just writing down your goals is the first step! Since completing the program, my company has seen 17% growth in revenue, which included contracts with government, corporate and anchor institutions — bringing over $875,000 in contracting opportunities to our business.”

    Linda Jamerson
    MFZ Ventures, Inc.


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Jean Kristensen - photo

Jean Kristensen

Jean Kristensen is the President & CEO of Jean Kristensen Associates, LLC, a full service consulting firm providing tools and resources to small, minority and women owned firms seeking to increase revenues through government contracting, certification and innovative business strategies.

As a small business owner, she understands the challenges with running and growing a business. She feels certification programs are an invaluable tool in entering government contracting and working with large corporations. In the early 1990s, certification programs helped her grow her security guard firm from 5 employees to over 500 with revenues in excess of $15 million. Today, as a professional services firm, she attributes all of my contracts to a deliberate and focused effort utilizing her certification as small, minority and woman owned business.

Jean's company's MWBE Success program is designed to provide small business owners with understanding why certification programs exist and how to use them to increase revenues. The program provides guidance and support in the areas of marketing, business development and compliance. Jean Kristensen Associates is also called upon by agencies and private concerns assisting them with identifying qualified small businesses for their corporate Supplier Diversity program and government sub-contracting needs.

 

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JohnHuggins2

John Huggins

Mr. Huggins is an Entrepreneur, Consultant and Business Coach with solid leadership, program management, business acumen, strategic planning, and business development skills. He has over 35 years of experience in the Telecommunications and Information Technology industry; with over 15 years of experience of starting and leading small business enterprises. For the past 8 years, he has provided business operations and business development consulting support to small and medium sized businesses. Mr. Huggins is a certified Project Management Professional (PMP); and has over 18 years of project management experience. He is a results-driven individual and recognized as a strong leader and visionary; who maintains a passion for motivating and integrating people into developing extraordinary solutions. Mr. Huggins has received National, State and local personal and business awards, including the selection as a 2006 US Black Engineer & Information Technology Magazine Top Black Entrepreneur; 2006, 2010 & 2012 Mid-Atlantic Region Top 100 Minority Business Enterprise (MBE) Awards; received a 2011 Maryland Governor’s Citation for his promotion of economic development and community enrichment; a 2011 Air Force Association (AFA) Medal of Merit; and was recognized in May 2017 as the Telecommunications Executive of the Year by the Minority Enterprise Advocate Magazine.

 

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