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What Will ENCEP Offer?
Each ENCEP cohort (up to 15 companies) will receive high quality, high touch support:
STRATEGIC ADVISORY SERVICES
What’s the Difference between Growth vs. Scale?
Growth means you are increasing revenue at the same rate as you’re adding resources — your costs keep pace with your revenue.
Scale, on the other hand, means you increase revenue at a much greater rate than the resources and costs involved.
Growth is linear while Scale is exponential. Your business scales when investments of time, money and energy in repeatable and predictable processes lead to rapid expansion.
If you are a founder who’s focused and prepared to scale your business rapidly, then ENCEP is for you!
Who is ENCEP For?
The ENCEP program is designed for eastern NC businesses owned by minorities and women and/or located in underserved counties (Tier I and II,see below). We’re looking for companies who:
- Are eager to learn from experts, work with a mentor, and network with other entrepreneurs;
- Are located east of I-95;
- Have less than $250,000 in annual revenues; and
- Want to scale to $1 million in revenue and/or 50 employees within 5 years.