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

Attend an Information Session

Upcoming Cohorts

Apply now to the Fall 2026 cohort, which will run virtually for 12 weeks, September 10 to December 3.

Application deadline: July 21, 2026 

Apply Now

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 January 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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