Program areas at Charlotte Regional Business Alliance Foundation
Charlotte small Business growth fund is an innovative fund focused on giving small businesses-including those that may not qualify for funding elsewhere-access to capital at competitive rates. Funding flows through mission based community development financial institutions that stay engaged throughout the life of the loan, providing coaching, mentoring, accelerators and other supportive services.
Scale up clt is a Business accelerator focused on helping entrepreneurs with businesses between $250,000 and $999,999 in revenue, exceed $1,000,000. Entering our sixth cohort, over 26% of scale up clt participants have grown their businesses beyond $1,000,000, as compared to under 4% of all businesses nationally. Additionally, participants have seen an average year over year revenue growth of 33%.
Rise (Regional innovation and support for entrepreneurs) is an innovative, artificial intelligence powered technology platform that helps entrepreneurs navigate resources available to start, run and grow businesses. Highlighting the abundance of resources available to entrepreneurs, in a single platform, while keeping those resources perpetually up to date, saves entrepreneurs precious time, allowing them to focus on the fundamentals of growing their businesses. The platform also provides useful data and insight into the most sought after and leveraged resources in the small Business ecosystem.
Tate awards named in honor of thaddeus tate, a trailblazing businessman in Charlotte in the 1900's, this annual awards ceremony recognizes and celebrates outstanding Business and Business leaders who have made significant contributions to our community.
Leadership academy of Charlotte is a 10 month leadership program which has given more than 300 leaders across the nation the opportunity to advance their careers into senior executive and c-suite roles. Executive leaders excel in their professions and grow their careers. Guided by a research-based curriculum, participants go through extensive coaching and personal development.
Digital marketplace for purchasing and supplier organizations: the Foundation helps increase the visibility of mid-market companies that are seeking to offer contracting opportunities to small businesses.
Ace: accounting for Charlotte entrepreneurs supplements the ongoing need for accounting, marketing and legal services, the Foundation works in partnership with organizations which provides services to entrepreneurs and small Business owners.