Briefs

Applications open for ScaleUp cohort

Applications are now open for  Mountain BizWorks’ 12th ScaleUp cohort. Designed for established local businesses with strong growth potential, interested companies should apply for ScaleUp by Feb. 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. 

Information session dates: 

• 6 p.m. Jan. 5 - Boone Info Session (in person)

• 6 p.m. Jan. 19 - Asheville Info Session (in person)

• Noon Feb. 8 - 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. 

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

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