Accelerate Okanagan — Revup Program
Overview
Access mentorship for your leadership team in a 6-month program to help tackle rapid-growth issues and lead you to success.
At a glance
Funding available
- Strengthening governance
- Develop employee skills
- Selling in a new market
- No Condition
- Open continuously
Eligible candidates
- Information and cultural industries
- Professional, scientific and technical services
- British Columbia
- For-profit business
- All revenue ranges
- All organization sizes
- Startups
Activities funded
The Accelerate Okanagan — Revup Program is designed to help companies tackle rapid-growth issues and ensure future success through customized engagements. Eligible activities focus on optimizing company performance and enhancing leadership capabilities.
- Creation of a customized action plan to address specific business challenges and accelerate growth.
- Implementation of mentorship and coaching sessions with Executives-in-Residence and industry experts for strategic guidance.
- Participation in quarterly strategy sessions to set goals, reflect, and access executive perspectives on progress.
- Involvement of senior leadership in the team approach to foster accountability and clear strategies.
- Focus on developing predictable and sustainable revenue models and preparing for capital raising.
- Enhancement of team and leadership skills, strategy and process efficiency, financial literacy, and data-driven decision making.
Eligibility
Eligibility for the RevUP program is based on meeting certain business characteristics crucial for scaling success.
- The company must have an established leadership team.
- The company must have an existing customer base.
- The company must be experiencing growing revenue.
- The company must be in the process of organizing to scale.
Who is eligible?
The RevUP program is designed for scaling companies that already have an established leadership team, a customer base, and growing revenue, and are preparing to scale their operations further. Eligible applicants are typically businesses that aim to address rapid-growth issues and promote future success through strategic support and skill development. This includes companies from various industries that have a desire to optimize their performance and achieve predictable, sustainable growth.Eligible expenses
The RevUP program is designed to support scaling businesses by focusing on strategic growth challenges and optimizing performance. The eligible projects for this program aim to enhance leadership capabilities and create sustainable growth models.
- Development of predictable and sustainable revenue models.
- Preparations for raising and receiving capital.
- Team and leadership skill development.
- Enhancement of strategy and internal process efficiency.
- Improvement of financial literacy.
- Promotion of data-driven decision making.
Eligible geographic areas
This program, although originating in Okanagan, is inclusive of various regions in Canada due to its partnerships with several accelerators. As such, it primarily caters to businesses across multiple Canadian locations.
- Vancouver, British Columbia
- Victoria, British Columbia
- Kamloops, British Columbia
- The Kootenays, British Columbia
- Belleville, Ontario
Selection criteria
The evaluation and selection of companies for the RevUP program are primarily based on their alignment with the program's focus on scalability and growth potential.
- Established leadership team and existing customer base.
- Evidence of growing revenue and readiness to scale.
- Commitment to creating a customized action plan with clear objectives.
- Willingness to participate in mentorship and coaching sessions with Executives-in-Residence and industry experts.
- Engagement of senior leadership in the program activities.
- Openness to address internal challenges and enhance strategic goals through quarterly strategy sessions.
How to apply
Connect with RevUP
- Visit the Accelerate Okanagan website or RevUP program page.
- Find the section to apply for the RevUP program.
- Click on the application link to start your registration.
Complete Application Form
- Fill out the application form with details about your company, leadership team, and specific growth challenges you are facing.
- Provide any requested documentation, such as proof of current revenue or business plan.
Submit Application
- Review the application form to ensure all information is accurate and complete.
- Submit the completed application form through the platform provided.
Confirmation and Next Steps
- Receive confirmation from Accelerate Okanagan acknowledging receipt of your application.
- Wait for further instructions or for your application to be reviewed by the RevUP team.
