PROVIDENCE – The deadline for companies to apply for the RevUp accelerator program is Nov. 24.
Companies participating in RevUp receive $75,000 in growth capital along with immersion in a three-month program focused on increasing customer acquisition and revenue, according to business accelerator Betaspring LLC, which described it as “an intensive program requiring significant in-person participation from founders and senior members of the company team.”
According to Betaspring, six companies will be accepted. It explained that RevUp is unique because it works with technology-enabled companies already generating revenue with significant growth potential – those working in software, e-commerce, consumer products and technology products.
“The tools and knowledge that Betaspring has built over six years – channel sales, growth hacking, strategic partnering, inbound marketing, team building – are invaluable to revenue-first companies … RevUp focuses on experimentation and action that increases customer acquisition and revenue, helping early-stage companies with revenue grow faster on their own steam. In addition to an amazing mentor pool of founders who built revenue-first companies, we’ve also added features, like a shared growth team, to enable companies to act fast on revenue-enhancing opportunities,” Betaspring said in a news release.
RevUp does not take equity. Instead, it gets a return as revenue scales. A percentage of monthly revenue (4 to 8 percent) is returned over the 36 months post-accelerator, Betaspring said.
For information, click HERE or contact info@betaspring.com.