Benefits of Participation
The SBA ScaleUp program has supported the expansion of more than 40 businesses across the Roanoke Valley. 90% have increased year-over-year sales, almost all have created new local jobs, and 25% have opened, or are in the process of opening, additional retail, manufacturing, or office locations.
ScaleUp Roanoke is currently accepting applications
ScaleUp Roanoke Valley provides structured discussions, one-on-one business support, and networking opportunities to aid growing businesses in their efforts to effectively scale. The program is 100% funded through the U.S. Small Business Administration.
How Does It Work?
ScaleUp Roanoke Valley is a federal SBA-funded investment program designed to support businesses with the greatest potential to create jobs and increase regional wealth over the next 1-3 years.
The ScaleUp program is offered free of charge to a handful of select business owners and small business executives each year. Qualifying firms are provided access to world-class private consulting, provided by business experts from around the country (paid for by the US Small Business Administration). They also get to participate in a weekly group-based multi-disciplinary skills training program designed specifically to increase business expansion success, drive long-term sustainable growth, and support measurable economic impact on a regional level and beyond.
By providing professional management training, business strategy support, and streamlined connection to a wide-variety of funding sources and regional partnerships, the ScaleUp program is helping businesses expand and creating new economic opportunities all across the region.
Grow Your Business
The ScaleUp Roanoke program is available to small to mid-sized businesses with
sustainable annual revenue between 150k and 500k. It is especially relevant to business owners seeking to exceed $1M in sustainable revenue in the next 12-24 months.