Companies participating in the High Impact Program represent a diversified portfolio, much like a stock portfolio,
that includes
"gazelle" or fast growth companies,
"renaissance" or companies undergoing revitalization and
"enablers" that facilitate fast growth in other companies.
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The Gazelles - Fast growth companies
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Characteristics: |
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At least four years old |
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Annual compounded growth rate of at least 20% over the last four years, starting from a base of $100,000 |
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At least $1 million in annual revenue for the last three years with a positive operating profit |
Typical Business Focus: |
Strong management teams |
Competitive advantage |
Defensible market position |
Job creation |
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The Renaissance Companies - Established company undergoing change or revitalization.
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Characteristics: |
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At least fifteen years old |
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Have been in a state of rapid growth (at least 10%) within the last four years |
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Undergoing change in management or leadership structure, gain of large new client, entry into new market, launch of new product/service, or change in mission or business direction |
Require multi-disciplinary, hands-on experience in a short timeframe in the following areas: |
Capital acquisition |
Commercialization |
Bridge/interim management |
Technology |
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The Enablers - Company that provides a vital product or service that enables other companies to grow at a fast rate.
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Characteristics: |
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Guidance center or business incubator for entrepreneurial companies and start-ups |
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Investment firm of operating businesses |
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Technical solution provider |
Typical Business Focus: |
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Transfer of knowledge and technology in highly competitive industries undergoing rapid change. |