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ELLA Ascend

Up to $1,000,000,000
Type
EXPERT ADVICE
Application Difficulty
MEDIUM
Application DeadlineApril 01, 2024
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

Hello,

We understand that growing your business can be challenging, and that's where this program steps in. ELLA Ascend is a unique opportunity tailored just for women entrepreneurs like you. Over four months, you'll receive personalized mentorship and expert advice to refine your business strategies. Imagine having one-on-one guidance and regular check-ins to ensure you're on the right path. Plus, you'll join small group meetings with fellow entrepreneurs to share challenges and brainstorm solutions. By the end of the program, you'll have a clear understanding of your ideal customer and how to effectively reach them, along with a solid grasp of your business's financials.

What's in it for you? Access to a supportive community of women entrepreneurs from diverse backgrounds and industries. This network is invaluable for sharing experiences and learning from others. You'll also benefit from curated workshops and expert support to build a strong foundation for your business. Learn essential tactics in sales, marketing, finance, and operations to increase your reach and customer base. The program is milestone-driven, helping you set and achieve growth goals for your business. With expert guidance, you'll work towards making these goals a reality.

The best part? It's designed to be accessible and impactful. This isn't just another program; it's a chance to refine your business strategies and gain the traction you need to succeed. If you're ready to step out of your comfort zone and commit to growth, this program is for you. Join the waitlist today and take the first step towards transforming your business.

Financing Details

Grant: The program offers a non-repayable grant, meaning you won't have to pay back the funds provided. This financial support is designed to help you scale your business without the burden of repayment terms.

Eligible Expenses: The grant can be used towards a variety of business-related expenses. These include, but are not limited to, marketing and advertising costs, purchasing new equipment, hiring staff, and enhancing your product or service offerings. It's aimed at helping you achieve significant growth milestones.

Restrictions on Use of Funds: It's important to note that the funds cannot be used for personal expenses or non-business related activities. The goal is to ensure that every dollar goes towards the growth and sustainability of your business.

Fees: There are no application or processing fees associated with this grant. This makes it an even more valuable opportunity as you can focus all your resources on business development.

Qualifications

  • You must be a woman entrepreneur with at least 50% ownership of a registered business, non-profit, or social enterprise.
  • You need to be working full-time on your venture.
  • Your business must have a minimum annual revenue of $50,000.
  • You should have paying customers.
  • Your business must be located in Canada.
  • You need to be open to change and willing to step out of your comfort zone.
  • You must be able to commit fully to the requirements of a 4-month accelerator program, which involves around 1-2 days of programming per week.

Description

This program is a fantastic opportunity for your business to grow and thrive. Over four months, you'll receive expert advice tailored to your needs. This includes one-on-one mentorship and regular check-ins to ensure you're on the right track. You'll also join small group meetings with fellow entrepreneurs, where you can share challenges and brainstorm solutions. By the end of the program, you'll have a clear understanding of your ideal customer and how to reach them, along with a solid grasp of your business's financials.

You'll become part of a supportive community of women entrepreneurs from various backgrounds and industries. This network is invaluable for sharing experiences and learning from others. The program also offers curated workshops and expert support to help you build a strong foundation for your business. You'll learn essential tactics in sales, marketing, finance, and operations to increase your reach and customer base.

The program is milestone-driven, helping you set and achieve growth goals for your business. With expert guidance, you'll work towards making these goals a reality. This is your chance to refine your business strategies and gain the traction you need to succeed.

Program Steps

  1. Complete the online application form.
  2. Prepare the necessary documentation, including:
    • Proof of business registration
    • Financial statements showing minimum annual revenue of $50,000
    • A brief business plan or description of your venture
    • Identification confirming your status as a woman entrepreneur
  3. Submit your application before the deadline in April 2024.
  4. Wait for notification if you are short-listed for an interview.
  5. Attend the interview if invited.
  6. Await final notification regarding your acceptance into the program.
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