Accelerating Profitable Growth for BIPOC- and Woman-Owned Construction Contractors
Building for Growth (BFG) is a new tuition-free executive education program designed by ICIC that aims to help BIPOC and woman construction contractors build capacity and develop sustainable growth strategies that position their businesses to increase revenues and profits.
BFG’s inaugural cohort will begin in Spring 2022 with a maximum class size of 50 companies that are independent, for-profit corporations in the construction industry, at least 51% BIPOC- or woman-owned, and have annual revenues of $2MM – $10MM, or be on course to reach or exceed $2MM within the next three years (companies with current revenues below $2MM will be evaluated based on recommendations from nominators, and the business’s growth trajectory and readiness to benefit from this program).
Thinking strategically is about deciding which opportunities to focus your resources and efforts on and, more importantly, knowing which opportunities to forgo.
The BFG program will help you create a strategy in which you carefully assess and choose potential opportunities to set your business on a path to sustainable and profitable growth as well as a detailed tactical road map for executing your strategy through greater access to capital, top notch technical assistance and mentoring, and a deeper and broader network of contacts.
The BFG program will help you:
The virtual program combines online classroom training, dedicated technical assistance, and long-term mentorship. Each of these components focus on providing you and your business with the tools required to access capital and secure profitable contracts.
To learn more about the program’s curriculum, please read our in-depth outline of the seven modules and what each participant can expect. Learn more.
ICIC has a long track record of helping small businesses think strategically, access capital, and achieve profitable growth. Our programs are built to deliver a world-renowned learning experience so that participants come away with the tools to succeed and grow in a highly competitive and challenging business landscape.
As a participant in BFG, you will gain access to:
BFG’s inaugural class will be limited to 50 businesses. Applications will be accepted on a rolling basis until all seats are filled, so we encourage you to apply early while openings remain.
To be eligible for the BFG program, your company must be:
*Companies with current revenues below $2MM will be evaluated based on recommendations from nominators, and the business’s growth trajectory and readiness to benefit from this program.
Are you a business owner interested in participating in the BFG program? Start your application process by filling out our initial application.
Know of any businesses that are a good fit for the BFG program? Nominate them to participate.
ICIC drives inclusive economic prosperity in under-resourced communities through innovative research and programs to create jobs, income, and wealth for local residents.
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Roxbury MA 02119
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