Four transformational days of best practices, impact and inspiration.
Four transformational days of strategies, insights, and resources to propel your company to new heights in a dynamic marketplace. Connect with top entrepreneurs, industry leaders, and policy makers driving global impact. Together let's help navigate and celebrate those on the scaleup journey.
What do we really know about company growth and scaling? This day targets those interested in learning about the latest evidence on company scaling and growth. Expect to hear from leading thinkers on what works.
How is the ecosystem supporting scaleup and growth companies? This gathering will bring together entrepreneurs and service providers from our ecosystem to evaluate the current landscape, identify prevailing gaps, and explore collaborative strategies to refine our support framework.
Are you a CEO or leader seeking further growth and scale? Join us for an empowering day of practical guidance, innovative approaches, and expert panel discussions on scaling your business effectively and sustainably.
The ScaleUp Gala and Awards celebrate companies navigating the scaleup journey. We honour more than the end result; we shine a light on the path that these remarkable companies and individuals are embracing.
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Canada has a scaleup gap. While half of all startups endure beyond eight years, only a mere 0.1% of small firms advance to the status of mid-sized enterprises, and 2% of mid-sized firms attain the status of large corporations. While Canada boasts the highest Total early-stage Entrepreneurial Activity (TEA) among advanced economies globally, we fall short in terms of the number of firms that successfully navigate the ‘second valley of death’ to achieve growth and scale.
The reality? Growth is not a continuous or sustainable phenomenon, but is punctuated by episodes. The majority of companies are ‘one-hit wonders,’ with only 10-15% managing to achieve a second significant growth episode. This situation raises concerns, particularly considering that in Canada, a staggering 99.8% of companies fall under the category of Small to Medium-sized Enterprises (SMEs). These SMEs make a significant contribution, accounting for over half of Canada's GDP and generating more than two-thirds of all new jobs over the past two decades. While the importance of SMEs in the economy cannot be overstated, it is crucial to delve deeper into the reasons that lead startups to survive, scale up and grow.
ScaleUp Week coincides with the United Nations Micro-, Small and Medium-sized Enterprises (MSME) Day, encouraging support and empowerment for MSMEs worldwide. Proceeds generated by the event are invested in building the evidence base on company growth and scaling, helping to advance our collective understanding on what it takes to scale from Western Canada.
Growth Compass provides evidence-based insights and intelligence on company growth and scaling. The challenge of achieving sustainable growth is stark, with only a small percentage of companies experiencing prolonged high growth. This raises the critical question: How can companies defy these odds? We are dedicated to tackling this challenge through two avenues. Firstly, by fostering a vibrant Community where the exchange of evidence and ideas on business growth and scaling is amplified. Secondly, through our Lab, we design, deliver, and evaluate cutting-edge learning programs aimed at catalyzing company growth and scale.
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