Basin RevUp
No fixed amount
Accelerator
Description:
This eight-month program is designed to help growth-staged businesses in the Basin with profitable and sustainable growth. Companies that join RevUP have a good product-market fit, minimum annual revenue of $1,000,000, positive year-over-year growth, and a growth objective.
Comments on Funding:
Participating companies pay a monthly fee to ensure commitment and program participation.
This represents only a portion of the total cost of the program, which is funded by the Trust.
Revenue prior to
participation in RevUP
$1,000,000 – $1,500,000 Monthly Fee $750
$1,500,000 – $2,000,000 Monthly Fee $1,250
$2,000,000 + Monthly Fee $1,500
Applications are closed. Stay tuned for future intake announcements
Eligibility:
Applicants must:
1. Be businesses based in the Columbia Basin Trust region
2. have been operating for a minimum of two years;
3. have owned the company for a minimum of two years;
4. have an established and demonstrated revenue with minimum annual revenues of
$1,000,000;
5. have positive revenue growth year over year;
6. have demonstrated commitment a growth strategy that aligns with the company’s
core business model;
7. be incorporated according to the provisions of the Business Corporations Act;
8. be in good standing with WorkSafeBC, BC Corporate Registry Services and
Canada Revenue Agency.
Application Steps:
Applicants must:
1. Submit an Expression of Interest using the online form found at ourtrust.org/basinrevup.
2. If your business is a potential fit for the program, you will be contacted by the Trust’s
Program Lead. Additional information about your company will be required as part of the
eligibility confirmation and application process. Information will include, but not be limited
to financial statements from the previous two years.
Documentation Needed:
Applicants must submit:
1. Expression of Interest form
2. Financial statement from previous three years
3. Other documentation
Other Things to Note:
About the author
Maurice
