Reviewed by: Nathan Watson
WANTED: Birmingham small-to-mid-sized businesses seeking capital
Reading time: 2 minutes
The Capital Collective, a nonprofit organization committed to driving growth for undercapitalized businesses, has launched a new 12-week program designed to help small and mid-sized businesses in the Greater Birmingham area become capital-ready.
Called Beyond the Middle Capital Intensive, the deadline to apply for the initiative is November 18.
Supporting small businesses in Birmingham
The program focuses on bridging the gap for businesses in the “Missing Middle,” where less than 1% of companies reach $10 million in revenue and fewer than 5% exceed $1 million.
Some of the elements applicants that are selected will include:
- Guidance on growth strategies
- Operational improvements
- Investor readiness to help businesses in essential industries like manufacturing, construction and transportation access much-needed capital
Participants will receive hands-on support from industry veterans from a leading investment bank and Fortune 500 to develop tailored investor packages and prepare for capital funding.
They will also meet leading capital providers both regionally and nationally.
“We’re excited to bring this program first to the greater Birmingham area, a region full of potential for business growth.”
Tamika Tyson, co-founder of The Capital Collective
Apply today
Applications are now open for businesses generating between $500K and $10M in revenue. For more information and to apply, visit thecapitalcollective.org.