What is the HUB Academy?
In early 2005, a consortium of institutions of higher education, community organizations and companies was assembled to both promote and accelerate the utilization of HUBs on construction projects in SC. The consortium was comprised of Charleston County, the Cities of North Charleston and Charleston, the Trident Urban League, Trident Technical College, SC State University, the Carolina’s Association of General Contractors, the Lowcountry Graduate Center, the Noisette Foundation, the Noisette Company, Chamber of Commerce and Trident Workforce Investment Board/Trident One Stop. A 14-week “Contractor Business Academy” was developed that exposes participants to the essential skills necessary for managing a competitive business in today’s ever-changing marketplace. Through sponsorships and partnerships in the community, they have been able to offset some of the financial requirements that may have presented barriers to participants’ enrollment. The academy is in place to enhance opportunities for Historically Underutilized Businesses (HUB) and to participate in construction projects throughout South Carolina by providing education and training essential for managing a competitive construction company.
Why was HUB necessary?
In South Carolina, a gap exists between the business educational needs of HUB contractors (Historically Underutilized Businesses) and existing training programs that help build the capacity of small companies. The Charleston tri-county area has a track record of businesses in the general market succeeding and minority owned business have historically been denied access to the markets. Minority owned businesses have historically been isolated from economic opportunity. To have a vibrant and thriving local economy, there must be equal opportunity for all business owners.
What does HUB do?
The Academy is currently focused on refining the program to provide real value and positive economic value and positive economic outcomes for an ever expanding group of area participants. The programs long term goal is to provide a sustaining program that can be replicated in other areas of South Carolina and to build on the current alumni organization, SC HUB Guild, to encourage joint ventures that will aid in the procuring larger contracts for participants.
To date, they have held 4 successful HUB Academy Training Sessions, with 67 specialty contractors completing the program. The Lowcountry HUB Academy’s Spring 2006 graduates created an Alumni organization, the SC HUB Guild. This “for profit” group’s purpose is to encourage joint ventures with other Guild members in order to procure larger contracts, to actively recruit students for future HUB Academy classes, and to provide networking opportunities for contractors, specialty contractors and potential clients. The Guild’s motto is “Small opportunities are often the beginning of great enterprises.” ~Demonsthenes
How to get more info on this topic?
To get more information on the HUB Academy contact Theron Snype at (843) 973-7247.