Are you a next-generation founder making an exponential impact in our region? Applications are open for Endeavor Scale Up 2022
Entrepreneurs

Are you a next-generation founder making an exponential impact in our region? Applications are open for Endeavor Scale Up 2022

By July 21, 2022 September 21st, 2022 No Comments

Applications are open for the second cohort of Scale Up 2022, which will run from August to December of 2022. Entrepreneurs and founders of high-potential, fast-growth seed stage companies across Kentucky, Indiana, and Ohio are encouraged to apply here.

In partnership with EY, Scale Up is a non-dilutive growth accelerator that supports high-potential, fast-growth entrepreneurs by giving access to the resources, successful founders, and mentors in Endeavor’s regional network to scale to the next level. In 2022, Endeavor will select and run two cohorts (from March to June and from August to December) and each cohort will have a maximum of four companies.

Scale Up Program

Through Endeavor’s 5-month Scale Up program, entrepreneurs receive direct mentorship from current Endeavor Entrepreneurs, Board Members, and Mentors. Entrepreneurs receive an in-depth Financial Review from EY and have access the 7 Driver’s of Growth assessment through EY Velocity. The program also includes tailored workshops, including a Behind the Scenes VC Pitch with Lightship Capital and Poplar Ventures. Finally, Scale Up Entrepreneurs pitch at the Scale Up Acceleration Panel to receive tactical, meaningful feedback from a group of top regional mentors.

Leading regional organizations, including Innovatemap (Indianapolis), GrowthX (Nashville), VentureFirst (Louisville & Cincinnati), Fleur de Lis Communications (Louisville), On Plane (Louisville), and more provide mentoring to Scale Up entrepreneurs through the program.

“Endeavor is thrilled to support the next cohort of high-potential entrepreneurs in our Scale Up program” shared Endeavor’s Founding Managing Director, Jackson Andrews. “Through our Scale Up program, we connect these early entrepreneurs to Endeavor’s network of high-growth entrepreneurs, board members, mentors, and partners. The Scale Up entrepreneurs are the next generation of founders who will make an exponential impact on our region – creating jobs, building wealth, and then ultimately giving back to new entrepreneurs themselves.”

Ideal Scale Up companies have many of the following indicators:

  • First-time founders or founders without a strong personal network seeking to tap into a regional entrepreneurial network
  • A team with 5-20 employees, including the founders
  • Companies that have raised over $500k in early capital and/or are raising $1M+ in institutional capital
  • Companies that are close to or over $1M in annual revenue
  • Annual growth rates of 50-100%+
  • Entrepreneurs with a massive vision and bold goals

Endeavor launched its regional Scale Up program in 2019. Since then, 24 regional companies including Authenticx (Indianapolis), GoWild (Louisville), ZeroCarb LYFE (Evansville), Native (Cincinnati), and Costello (Indianapolis) have completed Scale Up. The goal of Scale Up is to accelerate the growth of high-potential entrepreneur-led businesses and further Endeavor’s mission of scaling up, going big, and giving back. The program takes no equity and costs $3,000 per company. 

For more information, reach out to Jake Budler at jake.budler@endeavor.org.

About Endeavor: Endeavor is the leading global community of, by, and for High-Impact Entrepreneurs — those who dream bigger, scale faster, and pay it forward. Driven by our belief that High-Impact Entrepreneurs transform economies, Endeavor is on a mission to build thriving entrepreneurial ecosystems in emerging and underserved markets around the world. Endeavor creates a Multiplier Effect by inspiring high-growth founders to dream bigger, supporting and investing in them to scale faster, and providing a platform to pay it forward — thereby compounding their individual impact.