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Capital One Bank and Partners Celebrate First Graduating Class of Groundbreaking Construction Contractors’ College

Free development program designed to better prepare small companies to acquire major contracts

The Construction Contractors’ College just wrapped up its inaugural class. Eleven individuals who successfully completed the first session graduated Tuesday, February 10th at Kingdom Builders’ Center (KBC).

Sponsored by Capital One Bank and The Kingdom Builders’ Center, The Construction Contractors’ College (CCC) is a comprehensive, nine-month development program. It’s designed to equip and prepare qualified owners of small and mid-sized businesses in construction fields with the knowledge and guidance they need to bid and win major contracts and then thrive after acquiring them.

The free program aims to create a larger and stronger pool of local contractors able to keep Houston growing. The Construction Contractors’ College exposes the businesses to the opportunities and information needed to take their companies to the next level. Sessions include: developing and implementing business plans; understanding and preparing financial reports; creating an internal support area; bond readiness; successful bidding; marketing; and much more. Each small business receives one-on-one mentoring. Those mentors continue to make themselves available to the contractors for continued support following completion of the course.

Graduates who qualify also have access to more than $750,000 in funding to assist in expanding their businesses.

Capital One Bank provided funding for The CCC. “Capital One Bank is pleased to support the Construction Contractors’ College,” said Laurie Vignaud, Senior Vice President/Senior Director of Community Development Banking for Capital One Bank. “Through an integrated approach that we call ‘Investing for Good,’ Capital One Bank orchestrates the delivery of core banking services along with specialized community development, philanthropic and volunteer support to generate lasting, local community impact and valuable business results.  The Construction Contractors’ College is a great example of how we bring Investing for Good to life in Houston.”

“This program has changed the trajectory of my business,” said graduate Larry Jackson, owner of Jackson Engineering & Technology, which successfully secured a contract. “I would not have been in a position to bid on, much less, win a contract without the exposure and information we learned.”

Virginia Myers owns Signature Electric Services, LLC, and has successfully secured two contracts. “Because of the hard work and determination of those involved in this program, doors have opened for our company that could have taken months, years or never at all.”

The program is the brainchild of Windsor Village Church Senior Pastor Kirbyjon Caldwell. “During their nine-month commitment to The CCC program, the graduates still had to effectively maintain their businesses and sustain their families, said Pastor Caldwell. “Thus, they have already achieved good success, which makes the forecast for their greater triumph as entrepreneurs extremely favorable – now and for generations to come.”

The CCC’s in-depth curriculum was developed by The KBC, Capital One Bank and local partners including Balfour Beatty Construction; Cadence Bank; City of Houston Housing & Community Development; City of Houston Office of Business Opportunity; Council Member Larry Green, District D; D Samuels & Associates; EdOpp Solutions; Evo Source; George E. Johnson Development Inc; Hairston & Associates Insurance Services; HighStar Communications; Horacha Jones & Associates; Houston Airport System; Houston Business Development Inc; Houston Community College – MBDA; Houston Independent School District; KBR Group; LiftFund (formerly ACCION); Marsh McLennan Agency, LLC; METRO; Money Management International; National Association of Minority Contractors (NAMC); OutsideIn Consulting; PeopleFund; SBA; SCORE; Strategic Alliance Management; The Entrepreneurs’ Learning Center; The Women’s Business Center; and Women’s Business Enterprise Alliance.

The prime contractors who took part in the success of The CCC say it not only benefits the graduates but the city as a whole.

“KBR Building Group was honored to participate in the inaugural Construction Contractors College, said Garland Burton, Director of Community Affairs and Diversity at KBR Building Group. “This program is poised to grow and provide real value to participants and presenters alike.”

“The construction Contractors’ College is a sustainable model because the construction industry needs growing companies to fill the demands in an expanding market and economy,” says Juan Rodriguez, Vice President of Operations at Balfour Betty Construction.

The next session will begin in May. For more information, call 713-726-2519, or email construction.college@thekbc.com. To qualify, candidates need to have been in business at least one year and have operated a construction related company.

About Capital One

Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N. A., had $205.5 billion in deposits and $308.9 billion in total assets as of December 31, 2014. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. Capital One, N.A. has branches located primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia and the District of Columbia. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol “COF” and is included in the S&P 100 index.

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