Exciting Opportunity for Birmingham Businesses!
Birmingham, get ready! There’s a brand-new chance for small and mid-sized businesses that could change the game for many entrepreneurs in our area. The Capital Collective, a nonprofit organization that’s all about helping undercapitalized businesses grow, has launched a fantastic new program called Beyond the Middle Capital Intensive. This program is specifically designed for businesses aiming to become capital-ready and is set to run for 12 weeks.
What’s the Deal?
So, why is this program so special? It focuses on the “Missing Middle”—a term used for that tricky spot where businesses are too big for microfinance but too small to attract major capital. It may surprise you, but less than 1% of companies actually make it to that $10 million revenue milestone, and fewer than 5% exceed $1 million. It’s a real gap, and it’s time to fill it!
Why You Should Apply
The application deadline is coming up quick on November 18, so you’ll want to get your business in the mix fast. The program is open to companies raking in between $500K and $10M in revenue. Selected applicants will benefit from hands-on support and guidance from industry veterans—think experts from top investment banks and Fortune 500 companies. They will help you craft tailored investor packages and get ready for capital funding. Talk about a boost for your business!
Meet the Key Players
During the program, participants will also get to connect with leading capital providers—not just locally, but from across the nation! This is an incredible opportunity to network and potentially secure the funding you need to take your business to the next level.
Time to Act!
If you’re based in the Greater Birmingham area and your business falls within the revenue brackets mentioned, don’t let this chance slip by. Modeled to empower businesses like yours, this initiative can help you unlock new paths for growth and sustainability. For all the details and to apply, just head to thecapitalcollective.org. It’s all there waiting for you!
A Word from the Community
These types of initiatives are vital for our local economy. They not only help small businesses grow but also contribute to the overall wealth and diversity of our community. We all know that small businesses are the backbone of Birmingham, and it’s time for the “Missing Middle” to shine and thrive!
Let’s Get Started!
The Capital Collective is paving the way for these businesses to finally achieve their dreams. Remember, to be part of this remarkable journey, make sure to submit your application before the November 18 deadline. We can’t wait to see our amazing Birmingham businesses reach new heights!
In a vibrant city like ours, opportunities like this not only fuel individual dreams but also strengthen our community. So, what are you waiting for? Get ready to take your business beyond the middle!
