Small Business Startup News
New Program Helps Nashville Entrepreneurs Reach Critical Growth Targets
Written by Tim Morral
Nashville chapter of the Entrepreneurs' Organization offers assistance to area entrepreneurs through Catalyst, a program designed to catapult businesses past $1 million in annual revenue.
In business, some milestones are easier to achieve than others, and few benchmarks are as tricky to hit as $1 million in annual sales. But now, a Nashville area program is helping entrepreneurs take their companies to the next level by equipping them with proven growth strategies and other resources.
Presented by the Nashville chapter of the Entrepreneurs' Organization (EO), the Catalyst program is a partnership with the Nashville Entrepreneur Center (EC). Now in its second year, Catalyst assists business owners with a combination of biweekly classes, forum participation and mentoring. Classroom sessions feature instruction from EC President and CEO Michael Burcham, a nationally recognized educator in the area of business and entrepreneurism.
Previous Catalyst program success stories include:
- Evan Austill and David Frederiksen, co-founders of PatientCredit, Inc., a health care technology company. Since participating in Catalyst, PatientCredit has tripled monthly revenue and doubled the size of its staff.
- Jeff Bradford, president and CEO of the Bradford Group, a PR, social media and marketing firm. Over the past twelve months, Bradford has increased revenue by 94% and grown its workforce by 75%
- Bethany Newman, co-owner and president of ST8MNT, Inc., a brand design studio offering print, web and interactive services. According to Newman, ST8MNT's revenue has increased by 54% per month.
Catalyst is open to founders, co-founders, owners or controlling shareholders of local companies with more than $250,000 in annual sales. The application deadline for the next session is August 13th.
For more information about Catalyst, visit the EO Nashville website.
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