What does the Accelerator do for a firm?

The Capital Readiness Program provides strategic planning and financial analysis and access to potential procurement and capital opportunities, as well as support for mergers and acquisitions along with education and networking opportunities.

Can businesses outside of the region be accepted into the Capital Readiness Program?

Businesses that are outside the region can partner, acquire or expand into the Nevada region and be reviewed for acceptance into the program.

Is there an age requirement?

There is no age restriction, but all owners must be legally able to execute and have leadership of their business.

What regions does this program serve?

The CRP region coverage is the State of Nevada.

What is the criteria for acceptance into the Accelerator?

All firms have achieved over $100,000 in revenue and be at least 51 percent owned by a SEDI individual.

What is expected for an accepted Accelerator firm?

All firms must be willing to share financials, customer lists and other key company data. Also, firms must be willing to be advised and responsive to growth opportunities for acceleration.

What businesses are excluded from consideration?

The Accelerator is not accepting startups or ineligible industries stated by the Small Business Administration. If you anyone is unsure of their firm’s participation you can contact us directly.

What are the criteria the CRP will review?

The Accelerator will support the following:

Early Stage companies, Growth companies and Mergers & Acquisitions.

Early-Stage Growth: Emerging and scalable SEDI-owned firms that require either capacity building, investment capital (equity or debt), and/or access to additional networks for procurement opportunities. 

Growth Companies: Existing SEDI-owned firms of size (generally a minimum of $100,000 in annual revenues with a strong management team and operating history) requiring growth equity capital for any of a number of strategic investments to propel the business to the next level of growth to include, but not limited to investing in new systems or technology platforms, pivoting to a related or complementary product line or industry, expanding critical talent and human resources.

Mergers & Acquisitions: Business acquisitions consisting of mainstream businesses with no identified business succession plan being acquired by highly vetted and credible SEDI entrepreneurs where growth opportunities exist leveraging Fortune 1000 supplier diversity initiatives post acquisition.

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