Cultivate Small Business

Building and Sustaining Early-Stage Businesses

Santander’s award-winning Cultivate Small Business (CSB) helps early-stage entrepreneurs build and sustain businesses in the food industry, with a focus on historically underserved founders in low-to-moderate income communities. CSB is a free 12-week MBA-style program that provides a customized curriculum through live virtual classes. Successful graduates leave the program with a fully formulated business plan and pitch, a strong grasp on their target market, financials, and growth goals. All participants who complete the program receive a $2,500 grant, with exemplary graduates eligible for awards of up to $20,000.

The program assists U.S. entrepreneurs by providing:

  • Live virtual classes taught by Babson College professors
  • A curriculum built for food business owners 
  • A network of fellow food entrepreneurs and industry experts 
  • Capital grant awards from $2,500 up to $20,000

Upcoming Cohorts

Apply now to the Spring 2026 cohort, which will run virtually for 12 weeks from March 26 to June 11. Graduation will take place late June or early July.

Application deadline: February 2, 2026 

Apply Now  Info Session

Cohort Eligibility

Any entrepreneur leading an early-stage food industry business (e.g., retail, processing, technology,
manufacturing, food services) that meets the criteria below is eligible to participate: 

  • In operation for at least one year as of November 1, 2025
  • Have 1-10 FTEs (full-time equivalent) employees (including the entrepreneur)
  • Revenues between $25,000 and $1,000,000 in the last calendar year 
  • Located in the United States

Email CultivateSmallBusiness@santander.us with questions or for additional program details.

Partners

Cultivate Small Business is fully funded by Santander. The program is a collaboration between SantanderBabson College, and ICIC.


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ICIC drives inclusive economic prosperity in under-resourced communities through innovative research and programs to create jobs, income, and wealth for local residents.

Contact

PO Box 191297
Roxbury MA 02119
Phone: 617-238-1740

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