Applications are now open for Mountain BizWorks’ twelfth ScaleUp cohort. Designed for established local businesses with strong growth potential, interested companies should apply for ScaleUp by February 12, 2023. Cohort members will progress through the program opportunities together, including a kick-off event, eight core concept sessions, and 10 hours of one-on-one technical assistance and mentoring to support the implementation of a strategic growth plan, culminating in a live pitch showcase event at Mountain Raise (optional).
In advance of this year’s cohort, Mountain BizWorks is hosting three informational sessions open to any entrepreneur wanting to explore ScaleUp and its potential for their business. The sessions will include a preview of the full ScaleUp Cohort 12 program.
Information Session Dates:
- Thursday Jan 05 @ 6 p.m. – Boone Info Session (In Person)
- Thursday Jan 19 @ 6 p.m. – Asheville Info Session (In Person)
- Wednesday Feb 08 @ 12 p.m. – Info Session (Virtual)
Since its launch in 2015, ScaleUp WNC has served 11 cohorts comprising more than 145 WNC companies. The program has benefited a diverse group of participants as two-thirds have been rural-based, women-owned, minority-owned, and/or veteran-owned businesses. Participants have also hailed from all corners of Mountain BizWorks’ 26-county region. ScaleUp provides support to a diverse group of entrepreneurs that continue to drive innovation and economic development across WNC.
“Many programs focus on helping businesses get started. While that’s critical, we also recognize the gaps in supporting existing businesses with strong growth potential,” shared Matt Raker, Mountain BizWorks’ Executive Director. “That’s where ScaleUp comes in. We look forward to building on our 11 successful cohorts to help more companies reach their goals.”
Applications for the 2023 ScaleUp program are being accepted online through February 12, 2023, with up to 15 regionally headquartered businesses to be accepted into the program, starting in March. Businesses must meet the following eligibility standards:
- Be a for-profit company based in Western North Carolina
- Have been in business for at least two years
- Ideally have annual revenues between $150,000 and $2,500,000
- Have at least one full-time employee (can include founder/owner positions)
- Have identified opportunities for business expansion
This year’s sessions begin March 10 and conclude June 9, 2023.
For more information about ScaleUp, including evaluation criteria, learn more and apply at ScaleUpWNC.com.