SBA Thrive

resource dormant confidence: Medium status: Draft updated 2026-08-11

Type
resource
Status
Draft
Confidence
Medium
Tier
C
Builder-tier
B
Founder-tier
C
Activity-signal
2023-04-13 · https://www.sba.gov/article/2023/04/13/us-small-business-administration-announces-2023-application-thrive-executive-level-business-training
Activity-checked
2026-08-14
Focus
Late Stage Growth
Primary Location
unknown
Utah Location
statewide
Region
statewide
Website
https://www.sba.gov/sba-learning-platform/thrive-emerging-leaders-reimagined
Updated
2026-08-11

Summary

SBA Thrive is a free six-month executive-education program for established small-business owners who meet its revenue, tenure, and staffing thresholds. Its coaching and three-year growth plan can be substantial for an operator ready to scale, but uncertain Utah cohort locations and deadlines make direct verification essential.

Who It's For

Established Utah small business owners and executives ready to scale — including women, veterans, rural, multicultural, and New American operators who meet the revenue, tenure, and employee thresholds. Not for pre-revenue founders or idea-stage entrepreneurs.

What It Provides

Hybrid executive education: interactive e-learning modules, live CEO mastermind sessions, SME Q&A, one-on-one business coaching, and a completed three-year growth action plan with benchmarks. Topics span accounting, strategy, marketing, HR, and operational scaling.

How To Use It

Start with the official website, then confirm current programs before recommending.

Cost / Eligibility

Free to accepted participants (SBA and partners cover training costs; participants invest time over six months). Must be for-profit, in business at least three years, have annual revenues of at least $250,000, and employ at least one person other than the owner. Full program commitment required.

Best Fits

A Utah owner-operator with real revenue and employees who needs structured executive education and a growth plan — weak fit for first-time founders or businesses under the revenue threshold.

Evidence

Open Questions

  • Which Utah cohort locations and application deadlines are active for the current cycle?
  • Are there Utah-specific partner organizations beyond the national operator (Isom Global Strategies)?