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HomeOther NewsEO’s Accelerator Builds Businesses Without Taking Equity

EO’s Accelerator Builds Businesses Without Taking Equity

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San Francisco, CA, September 07, 2013 –(PR.com)– Accelerator from Entrepreneurs’ Organization (EO) is first to offer an education and development program for start-up entrepreneurs that does not take a piece of their equity. The program launches in San Francisco on September 23rd with Strategy Day, the first of four high-energy, speed-learning opportunities covering a wide variety of topics designed to help entrepreneurs accelerate their businesses.

The EO Accelerator program provides start-up entrepreneurs with the tools, knowledge, and skills they need to grow their business to over US$1 million in annual revenue. Strategy Day topics include Setting Goals Aligned with Values, Building Your Company for the Long Term, Franchising Strategies, and Using the Internet to Enhance Profitability.

Executive-level guest speakers and entrepreneurs will be on hand during the series of quarterly, high-impact learning events, bringing a wealth of experience and connections to Accelerator participants. The program takes place at the offices of Orrick in San Francisco.

“I encourage anyone who is serious about growing their business to apply to Accelerator. It’s a real-world education you can’t get anywhere else,” said Bill Gallagher, EO San Francisco Accelerator Chair and CEO of Lori Bonn Design.

The program is presented by EO, the world’s most influential community of entrepreneurs, and hosted locally by Orrick with help from supporting sponsors.

EO San Francisco is accepting only 20 participants into the first Accelerator program, and only a handful of openings remain at this time. In order to qualify as an Accelerator candidate, participants must be 47 years of age or younger and have gross annual revenue between US$250,000 and US$1,000,000. The annual program tuition is US$1,800 and requires No equity grant to EO. Qualified applicants are reviewed and accepted on a first-come basis.

The global Accelerator program is in its sixth year and is now offered in major cities across the US, Canada and Europe and is expanding to Australia, Asia, and Mexico in the near future. Accelerator has propelled over 178 entrepreneurs to grow their businesses over US$1 million in sales since 2007.

Chris Carrigg, an area entrepreneur who completed Accelerator in Los Angeles with his business partner Kester Wise said, “EO Accelerator was an invaluable experience; in the program we learned practical steps to make our business more successful right away. And the networking has been terrific. We’ve made several friends and connections that will benefit us personally and professionally for years to come.”

To enroll in the program or for more information on Accelerator, visit http://accelerator.eonetwork.org.

About Entrepreneurs’ Organization
The Entrepreneurs’ Organization (EO) is a global community that enables entrepreneurs to learn from each other, leading to greater business success and an enriched personal life. EO has over 8,700 members in more than 122 chapters across 35 countries, with an average member age of 41 and average annual revenue of US$18.3 million, and combined annual sales of over US$160 Billion. EO enhances members’ lives through dynamic peer-to-peer learning and once-in-a-lifetime events.

Membership in EO is exclusive and by invitation only. Of the 25 million businesses operating in the United States, only 4% qualify for EO membership.

The EO Accelerator Program is designed to help emerging entrepreneurs become high-growth entrepreneurs. Using the experience of current members, EO will use this program to nurture and support the next generation of entrepreneurs.

About Orrick
Orrick’s Emerging Companies Group offers a startup-focused, full-service practice that provides advice to more than 1,200 companies, from incubation to their strategic exit and future growth opportunities. Our lawyers, who work intimately with founders in technology as well as more than 100 venture capital funds and other industry participants, are experts in the emerging space. We are recognized by Legal500 as one of the top firms in the U.S. and UK for our venture capital and emerging companies practice and one of the few practices with a significant presence on both U.S. coasts and across key markets in Europe and Asia.

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