Propel FastTrack is a new series that gives entrepreneurs the skills and strategies they need in as little time as possible, so that they can focus on building their company. Rather than touching on a range of different topics in a high-level way, we’re focusing on one essential area at a time.
The latest theme of this series is Finance – Your Route to Profitability . Confidently chart your path to profitability and secure the future of your business. Applications close on January 12th, and this series is scheduled to start on February 6th, 2024.
THIS IS FOR YOU IF
- Your company is based in Edmonton or the surrounding area
- You have an early-stage startup or business
- Your business/product is either:
- Tech-enabled, meaning through technology is scalable and it can grow beyond your own personal expertise, availability, and geographic location.
OR
- Unique and innovative, meaning it’s based on a process or product that is not easily replicated.
- You must demonstrate traction (revenue) towards commercialization and are prepared to grow.
- You can commit 6 hours per week for five weeks
NOTE: This program is available to those based on readiness, and whether you meet the criteria. Previous Edmonton Unlimited programming is not a requirement.
WHAT YOU'LL DO
Sales and Marketing (September 18 – October 27, 2023):
- How to build your Sales engine and a repeatable and scalable process
- Practical stuff: prospecting, qualifying, unit price economics, demos, but much more
- Go-to-market strategies
- Validate your business and sales model
- Learn Business essentials and connect with other founders
- Get expert advice and coaching on fixing what’s not working
Finance – Your Route to Profitability (Feb 6- March 7, 2024):
- Financial literacy is a crucial skill for every successful entrepreneur.
- Founders who join the session Acquire practical financial skills that can be implemented immediately in their business operations.
- By participating, founders will learn to make well-informed decisions rooted in financial data.
- This session empowers founders to manage their finances strategically, propelling 😊 their businesses toward sustainable growth.
- Founders will learn about dilutive and non-dilutive funding, and will be better prepared to apply for grants and talk to potential investors.
OUTCOMES
- Ready for the Velocity learning stream through the Alberta Catalyzer program*
*Applicants for Velocity must have achieved initial product market fit with trending sales growth, revenue and a team to scale your business.
The Propel FastTrack program helped me identify strategies that are working for my business, create a scalable way to reach customers and establish a successful referral program.
HOW TO APPLY
This program is partially funded through the City of Edmonton and offered at no cost, thanks to Alberta Innovates, through the Edmonton Regional Innovation Network.
