Seven Denver startups have been selected to participate in the city’s ScaleUp Network, an intensive six-month training program that helps proven but fledgling companies catapult to their next stage of growth.
The companies chosen for the program, now in its second year, are Altius Farms, Bold Betties, Ensight Energy Consulting, Maxwell Financial, Nokero, Orderly Health and Overwatch ID. The companies were all referred to the program upon graduation from a diverse set of business startup accelerators, and each firm has demonstrated the potential to garner capital investment and add jobs.
“Denver is proud to work with our startup and accelerator communities to hand-select enterprises that are positioned for growth, funding expansion and job creation,” says Turid Nagel-Casebolt, director of business development for the Denver Office of Economic Development (OED). “We’re building on last year’s ScaleUp Network, with training and key connections that is matched beautifully by the peer-to-peer mentoring among the founders themselves.”
The 2018 group of companies begins its curriculum knowing that the 2017 class is enjoying significant success in equity raises, obtaining other financing and leveraging critical connections. Leaders from the 2017 group have pledged to continue supporting each other in addition to actively guiding the 2018 class on the path to second-stage growth.