Accelerate Okanagan — Revup Program
BC, Canada
Mentoring to grow a BC startup
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Other Support
grant_single|eligibleIndustries
- Information and cultural industries
- Professional, scientific and technical services
grant_single|grantors
- Accelerate Okanagan
grant_single|status
grant_card_status|open
grant_single_labels|preview
Access mentorship for your leadership team in a 6-month program to help tackle rapid-growth issues and lead you to success.
grant_single_labels|projects
The RevUP program supports companies looking to tackle rapid-growth issues through a tailored and strategic engagement with experienced professionals. Key activities eligible for this program include:
- Developing predictable and sustainable revenue models
- Preparing for raising and receiving capital
- Enhancing team and leadership skills
- Optimizing strategy and internal process efficiency
- Improving financial literacy
- Implementing data-driven decision making
grant_single|admissibleProjectsExample
$25,000
Vancouver
Implement a mentorship program to enhance leadership skills for rapid growth at Tech Innovations Inc
$35,000
Calgary
Implement a leadership and mentorship initiative at EcoGreen Solutions to manage rapid expansion
$30,000
Ottawa
Initiate a mentorship program for startup founders to address rapid scaling challenges at Venture Hub
$30,000
Montreal
Launch a mentorship and skill-building program for marginalized youth at Horizon NPO
$22,000
Halifax
Create a leadership mentoring program for small business owners at SmallBiz Support
$20,000
Toronto
Develop a mentorship initiative to support female entrepreneurs at Women Leaders Co-op
grant_single_labels|admissibility
Companies must meet certain eligibility criteria to participate in the RevUP program:
- Have an established leadership team
- Possess a customer base
- Demonstrate growing revenue
- Organize to scale
grant_eligibility_criteria|who_can_apply
The RevUP program is open to scaling companies across various industries that seek to optimize performance and accelerate growth. These companies should already have an established leadership team, customer base, and growing revenue.
- Companies with an existing leadership team
- Organizations with a customer base and growing revenue
- Businesses focusing on scaling operations and optimizing performance
- Firms ready to engage in strategic planning and skill development
grant_eligibility_criteria|zone
The grant is available to companies from various regions in Canada, as it has been delivered in partnership with accelerators in several locations. Eligible companies can benefit from this opportunity to enhance their scalability and performance.
- Vancouver
- Victoria
- Kamloops
- The Kootenays
- Belleville, Ontario
Apply to this program
RevUP Accelerator Program: Elevating Business Growth
The RevUP Accelerator Program, offered by Accelerate Okanagan, connects CEOs and senior leadership teams with industry experts to achieve rapid growth and sustainable success for scaling businesses. Through customized engagement plans and expert mentorship, the program fosters leadership development and strategic improvements in areas such as revenue models, capital readiness, and internal efficiencies.
Unlocking Potential with the RevUP Accelerator
The RevUP Accelerator Program stands as a beacon of opportunity for businesses poised to scale and seeking to harness their full potential in the Canadian economic landscape. Positioned strategically for scaling enterprises, the program is specifically designed and delivered by Accelerate Okanagan, aimed at encouraging business leaders to focus on working on their businesses rather than solely in them. Enrolling in the RevUP program means embarking on a six to twelve-month journey where the leadership teams are supported in untangling the complexities of rapid growth. The program diligently bridges the gap between where a business is and where it aspires to be by integrating the extensive knowledge of Executives-in-Residence (EiRs) and seasoned industry experts. By facilitating tailored, growth-orientated action plans, RevUP strategically emphasizes the optimization of business performance. One of the critical pillars of the RevUP program is the creation of sustainable and predictable revenue models that endure through various market conditions. Scalability is at the forefront, ensuring businesses lay down a sturdy foundation that supports long-term profitability and growth. Participants in the program are guided in the art and science of revenue model development, blending innovative methodologies with market-driven tactics to fine-tune their financial blueprints. Preparations for capital raising and investment reception are other cornerstones of the program. Leaders are equipped with the knowledge and tools necessary to effectively present their business cases to potential investors and capital sources. This readiness not only improves their chances of securing funding but also positions them as attractive, investment-ready businesses in the financial ecosystem. Team and leadership skill development are integral components that drive the success of the RevUP Accelerator. The program fosters a culture of continuous learning and leadership enhancement. By promoting a collaborative environment amongst CEOs and their senior teams, the program ignites a transformation in leadership dynamics that proves crucial as organizations scale. The strategy formulation process in RevUP is both meticulous and visionary. Companies are guided through identifying gaps in their strategies and developing action-oriented plans that leverage data-driven decision-making. This approach, complemented by improved financial literacy sessions, empowers leaders to make informed decisions with confidence. To ensure that the strategies devised are actionable and impactful, RevUP incorporates quarterly strategy sessions where businesses have the opportunity to reflect on their current initiatives, measure outcomes, and recalibrate their approaches with expert insights from their mentors. This regular touchpoint acts as both a performance assessment and a learning opportunity, further honing the strategic acumen of the participating teams. Moreover, the RevUP Accelerator takes a holistic team approach to growth. Involving the entire senior leadership cadre in the program not only fosters strategic clarity but also enhances accountability across the board. This inclusive structure delves into the intricacies of streamlined internal processes, ensuring that as organizations grow, they do so with efficiency and coordinated effort. The success stories of companies like Bananatag, Yeti Farm Creative, and Piscine Energetics resonate with the program’s ethos, as these businesses have significantly contributed to economic growth in the Okanagan region following their participation. With no fixed start date, the program allows businesses to join when it aligns best with their strategic plans, offering a level of flexibility that respects the unique needs of each participant. In summary, RevUP by Accelerate Okanagan is a transformative program that aligns business ambitions with expert-guided strategies for growth. Through its comprehensive structure, the program not only fosters immediate improvements in business operations but also lays a robust foundation for sustainable success and market leadership. Participating in RevUP transforms the growth trajectory of businesses, empowering them with the strategic foresight, leadership prowess, and operational efficiencies needed to thrive in the competitive marketplace.