Sequoyah Fund partners with AdvantageWest on ScaleUp WNC initiative

ScaleUp WNC receiving check from SBA

Wednesday, November 19, 2014

With Western North Carolina’s history and heritage of entrepreneurial independence, a number of training, funding, mentoring, and technical assistance resources are available across the region to aspiring small-business owners. Among those are the Advantage Opportunity Fund, Blue Ridge Food Ventures and Blue Ridge Entrepreneurial Council – all initiatives of AdvantageWest, the nonprofit regional economic development organization, and all serving primarily early-stage businesses.

Now, thanks to a five-year, $1.2 million contract award from the U.S. Small Business Administration, a new level of support will be available to help scalable small firms grow and create jobs. Led by AdvantageWest, ScaleUp WNC will provide intensive growth strategy development and implementation assistance to 150 Western North Carolina growth-oriented entrepreneurs. This stage of companies, after startup but before maturity, tends to be underserved in the region and across the country.

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