The 2009 class is scheduled for March 10-12 and applications must be received by November 15.
We have never attended, but have heard nothing but glowing feedback from the many people in the bluegrass industry who have. IBMA describes the class as follows:
Leadership Bluegrass is an IBMA-sponsored annual program designed to build commitment, motivate talents and instill enthusiasm for addressing the future of the bluegrass music industry. The purpose is to bring together a cross-section of people with exhibited or potential leadership qualities into a network of learning and communication. Class members represent current and future leaders from various facets of the industry, as well as diverse regions of the country and world.
The fee for the event is $250 for IBMA members and $325 for non-members. Participants must shoulder the travel and accomodation costs, but some scholarship assistance is available on the basis of need.
You can find more details and application information at ibma.org.