ELLA Altitude
Highlights
This program is designed specifically for women entrepreneurs like you who are ready to scale their business rapidly. ELLA Altitude offers a unique 4-month accelerator program that provides access to expert advice, mentorship, and leadership coaching. You will be matched with a mentor to help define and achieve your goals, and work with a fractional executive to build a strategy in key areas such as marketing, operations, or finance. This program is tailored to help you reach new levels of success.
What You Get:
- Expert Mentorship: Personalized guidance to fast-track your learning and growth.
- Fractional Executive Support: Strategic help in specific business areas.
- Leadership Coaching: Develop your leadership skills to grow with your company.
- Inclusive Community: Connect with a diverse group of women entrepreneurs.
- Growth Frameworks: Tactical guidance to acquire new customers and reach untapped markets.
By participating in this program, you will gain the tools and support needed to redefine the way you operate your business. The milestone-driven approach ensures you work towards specific goals, making it easier to measure your progress. The application process is straightforward, and the program is designed to be accessible to those who meet the criteria. Joining ELLA Altitude can be a game-changer for your business, providing the resources and community you need to succeed.
Financing Details
Type of Financing: Grant
Eligible Expenses:
- Marketing and advertising costs
- Operational expenses
- Financial strategy development
- Leadership development programs
- Mentorship and coaching fees
Use of Funds:
- Funds can be used to scale your business, improve marketing strategies, enhance operational efficiencies, and develop leadership skills.
- Funds cannot be used for personal expenses, unrelated business activities, or any non-business-related investments.
Fees:
- There are no fees associated with applying for or receiving this grant.
Qualifications
- Must be a woman entrepreneur with at least 50% ownership of a registered business, non-profit, or social enterprise.
- Must be working full-time on the venture.
- Business must earn at least $200,000 in revenues annually. (Special considerations made for non-profit organizations and social enterprises.)
- Must have significant traction in the industry and be ready to scale the business.
- Business must be located in Canada.
Must be open to change and willing to step out of the comfort zone.
Disqualifications:
- Businesses not owned by a woman with at least 50% ownership.
- Businesses not generating at least $200,000 in annual revenues (unless a non-profit or social enterprise).
- Businesses not located in Canada.
- Entrepreneurs not working full-time on their venture.
- Entrepreneurs not open to change or unwilling to step out of their comfort zone.
Description
This program is designed to help your business grow quickly. Over four months, you will get expert advice and mentorship to fast-track your learning and accelerate your growth. You will be matched with a mentor who will help you set and achieve your goals. A fractional executive will work with you to build a strategy in areas like marketing, operations, or finance. Additionally, you will meet with a leadership coach to improve your leadership skills.
You will be part of an inclusive community of women entrepreneurs from various backgrounds and industries. This network will provide support and inspiration as you work towards your business milestones. The program is structured to help you become an effective leader and project your business performance more accurately.
The program will help you acquire new customers and reach untapped markets. You will receive individualized guidance from growth mentors who provide strategic and tactical advice. By the end of the program, you should have a clear understanding of how to scale your customer base and grow your business to new heights.
Program Steps
Complete the Online Application:
- Visit the program's website and fill out the online application form.
Prepare Documentation:
- Gather the following documents:
- Proof of business registration
- Financial statements (last two years)
- Business plan
- Revenue records (showing at least $200,000 annually)
- Proof of ownership (at least 50% owned by a woman entrepreneur)
- Any additional documents requested in the application form
- Gather the following documents:
Submit the Application:
- Ensure all required fields are filled and documents are attached.
- Submit the completed application online.
Wait for Shortlisting:
- If shortlisted, you will be invited for an interview.
Attend the Interview:
- Prepare for the interview by reviewing your business plan and growth strategy.
- Attend the interview as scheduled.
Final Selection:
- Await notification of final selection.
- If selected, follow any further instructions provided to confirm your participation.
Prepare for Program Start:
- Mark key dates in your calendar (program start in October 2024 and end in February 2025).
- Prepare to engage with mentors, coaches, and other program activities.