PORTFOLIO COMPANY APPLICATION REQUIREMENTS
We understand that the guidance needed by early-stage and startup companies is wholeheartedly different from the assistance most often requested by more mature business concerns. To achieve our goal of providing the most relevant technical assistance (TA) to business owners, applicants follow one of two paths (early-stage/start-up and existing/mature)
Most accelerator portfolio companies are scalable business enterprises with high-growth potential. Qualifications for inclusion include, but are not limited to the following:
01.
Current State of Nevada business license is in good standing.
02.
Operating or residing in the city of Las Vegas
03.
Defined growth strategy that indicates strong potential for accelerated growth in 2-5 years.
04.
05.
EXPECTATIONS OF PORTFOLIO COMPANIES
The Accelerator provides accepted companies with business development services. Our goal is to help business owners achieve their highest potential. To make the greatest impact, portfolio companies and business owners should understand some of the expectations:
The business owner will work closely with the Accelerator to develop a business strategy that defines where your business will play and how it will successfully execute its strategy.
The business owner has a willingness to confidentially share financials, strategy, processes, and other key company data.
The business must strategically align with the Accelerator’s four-year goal of creating an additional 1,000 new jobs and $50 million in aggregate annual sales among our portfolio companies.
BENEFITS OF BEING A PORTFOLIO COMPANY
Once you are a portfolio company, you will be assigned an advisor that will support you with any and all of your growth needs, which might include:
Capital Sourcing: Due-Diligence Support, Bank/Traditional and Non-Traditional Fundraising/ Networking Support, Technical Fundraising Prep, and Ongoing Coaching
Operational Support: Strategic Growth, Acquisition Comprehensive Analysis, Accounting, Financial Statement Reporting, Website Design, Social Media Management.
Strategic Partnership: Corporations/Foundation Networking, Customer Identification, Supplier Related Opportunities, Corporate and Government Procurement Opportunities
SUCCESS STORIES
As part of the “Las Vegas Entrepreneur Accelerator” campaign, The Accelerator partnered to share stories of eight high-potential businesses in Nevada that it has been able to support.
HERE IS A LIST OF FEATURED ENTREPRENEURS:
ZAIN BURKE
Validity Construction Services
is a Las Vegas based general contractor. The core tenet is to provide clients with the highest quality products at the most economical cost possible.
ANTONETTE HAYAKAWA
Tonis Garage Doors
is a woman-owned business with decades of experience in the garage door repair industry with a focus on providing high-quality service and equipment.
AMANDA SANTOS
The Santos Media Group
is a media company focused on equipping the next generation of creative entrepreneurs with the tools, resources, and education they need to pursue their goals.
PETER JONES
Nationwide Outdoor Advertising
is a minority owned business with over 3 decades of experience in the fabrication, manufacturing, and delivery of signage nationwide and in Canada.
NOURJAN BONNEY
Sculpt Spa LV
is a woman-owned business specializing in providing body contouring services utilizing Cool-Sculpting technology in combination with the health benefits of the sauna.
AKEEM ANIFOWOSHE
Nulife Kicks
is a sneaker restoration company that have developed innovative sneaker care products with a unique chemically engineering formula that will bring your sneakers back to life.
MATTHEW PAYAN
North 5th Brewing
a sibling-run company, is the first and only craft brewery located in the City of North Las Vegas producing over 14 different varieties of bottled and canned beer.
KRISS WELLS
Ego Tripp Salon
has been a dream in the making for over 19 years. Kriss Wells believes in creating a memorable salon experience, by stroking the Ego of her clients through creative hair styling and beauty services.
The Las Vegas Entrepreneur Accelerator is an economic development initiative borne from the joint efforts of Access CDFI and Sumnu Marketing in response to an award received from the City of Las Vegas. Our mission is to increase economic inclusion and empowerment in the Nevada region by providing customized analysis, resources, and funding to accelerate the growth of scalable socially and economically disadvantaged (SEDI)-owned businesses. Our focus is on serving scalable, underserved SEDI-owned businesses located in the City of Las Vegas.
Las Vegas Entrepreneur Accelerator
Back Office Support
One-on-one Business Coaching
Access to Capital