Succession Ready

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Rounding out the arc of ICIC’s programming is Succession Ready – a free series of five three-hour educational workshops to help small business owners develop and navigate a successful succession plan for their businesses. This new program was launched in August of 2022 in collaboration with the Community College of Rhode Island, New Majority Capital Foundation, Babson College, and Rhode Island Commerce, and hosted an inaugural class of 19 businesses.

Whether business owners are planning to hand over the reins to their next of kin, to an employee, or to sell it, the Succession Ready program informs and empowers leaders to develop the right strategic succession plan for them.

Succession Ready is currently for Rhode Island-based business owners but is considering expanding the program in 2023.