EO Charlotte Graduates 7 Startup Entrepreneurs as Companies Surpass $1 Million in Revenue
CHARLOTTE- The Charlotte Entrepreneurs Organization, HE Charlotteannounced this week that seven companies recently graduated from the organization’s business accelerator program.
To graduate, the company must meet or exceed $1 million in business revenue, the organization said in a statement.
In the Triangle, exceeding $1 million in annual revenue – or employing 10 or more full-time workers – would qualify a company to join the Triangle Tweeners list, the 2021 edition which was released earlier this morning.
The seven Charlotte entrepreneurs who run businesses that have reached the million dollar revenue milestone are:
Charlotte’s Accelerator Program Graduates 2 Entrepreneurs After Reaching $1M in Revenue
Revenue growth is significant
Bukolt said in a statement released by the organization that graduating from the program was incredible, after four years of attending the program to grow his business.
“I don’t believe I could have evolved without the support of my coaches and fellow EOAs,” Bukolt said. “Because of the deep learning and accountability, my business revenue has increased nearly 10 times since the program began.”
Brian Delaneythe co-founder of Skookum, which was acquired by GlobalLogic in 2019 (which was later acquired by Japanese conglomerate Hitachi Ltd. for $9.6 billion in 2021), now chairs the Charlotte Entrepreneurs Organization.
“It is incredibly rewarding to watch these companies take off as they navigate the high-pressure world of entrepreneurship,” Delaney said in a statement released by the organization. This program was created by entrepreneurs for entrepreneurswhich gives participants a unique perspective from personal experience that you don’t see in other programs.
The chapter’s website notes that there are 100 members organisation. The organization elected new members to the board last year. Two other entrepreneur members graduated last fall.