ScaleUp Program

Endeavor Miami’s ScaleUp Program is a four-month acceleration program designed to support startups with high-impact potential in the Florida ecosystem to scale.

 

Endeavor Miami’s ScaleUp Program is a four-month acceleration program designed to support leading early-stage companies with strong impact potential in the South Florida ecosystem to scale and to prepare for organized growth.

Scale-ups – companies at least three years old with a minimum of 20% CAGR – are important to the development of an economy because once they hit moderate scale or greater, they generate 80% of jobs in Miami. However, 99% of startups in Miami die before reaching 5 years of operation. Therefore, it’s crucial to bridge the gap between start-up to scale-up with the support that actually helps companies scale.

WHAT MAKES US DIFFERENT?

The ScaleUp Program leverages Endeavor’s over 20 years of knowledge and best-in-class services and tools used to support entrepreneurs around the world.

  • Multiplier effect: Join Endeavor Miami’s flagship initiative for the next generation of scaleups and be part of the emerging entrepreneurship movement in Florida. 
  • Practical methodology: Endeavor helps entrepreneurs focus their time and energy in finding the path towards the next level of growth through highly curated mentor matchings, meaningful exchanges with subject matter experts and seasoned entrepreneurs who have trailed the path before you. Endeavor’s methodology encourages you to dissect your challenges on a granular level to find tangible solutions. 
  • Community of like-minded people: Be part of a group of top-notch entrepreneurs with whom you can share the entrepreneurial journey and its struggles with, develop meaningful relationships and together work towards building better, bigger and stronger businesses. 
  • We invest in you: Unlike other accelerator programs in the market, Endeavor Miami’s program is non-dilutive. We invest our time and resources in you so that you can, in turn, invest in yourself. Be supported by a team crazy about entrepreneurship who are there to look out for you, hold you accountable and cheer you on through challenges and successes alike. 

WHAT DO ENTREPRENEURS GET OUT OF THIS?

The program includes, but is not limited to, the following activities:

  • X-Ray: Companies go through an assessment to identify key challenges to their scale and identify areas of opportunity to be addressed during the program.
  • Cohort Retreat: Entrepreneurs take part in a “retreat” to build trust, transparency and vulnerability amongst cohort participants, pushing the envelope of peer-to-peer learning, exchanges and mentoring.
  • Group Modules: Participants attend 10 half-day group sessions in which they are exposed to subject matter experts to deep dive, discuss and learn about best practices related to scaling up a company. Entrepreneurs also have the opportunity to exchange lessons and experiences through structured presentations, forum-like discussions and curated 1-1 conversations.
  • Mentor Day: Entrepreneurs take part in a speed-dating event in which they meet and connect with different mentors in the Endeavor Network, with the goal of identifying potential “godfather/mother mentors” for the individual mentoring component of the program.
  • Individual MentoringParticipants are assigned a “godfather/mother mentor” with whom they meet 5 times throughout the program to work through the business challenges identified in the X-Ray. Mentors hold entrepreneurs accountable for results as they navigate the problem-solving process that is individual mentoring. Each participating company may receive up to 3 hours of additional mentoring from other mentors in the Endeavor Network.
  • Access to Capital: Participating entrepreneurs who are raising capital may be introduced to up to 3 venture capital funds and/or angel investors from the Endeavor Investor Network with whom they are a fit. 
  • Demo Day: To wrap up the program, entrepreneurs take part in a public Demo Day in which they pitch their companies to a panel of judges made up of Endeavor mentors, entrepreneurs, investors, and/or community partners. Demo Day is an excellent practice for entrepreneurs looking to fine-tune their storytelling skills as well as an opportunity to present your brand to a segment of the Miami entrepreneurial community.

COVID-19 NOTICE

Due to the current global pandemic, our programs might take place virtually. Terms and conditions of the program still apply. The program will follow government regulations and will resume its original intended form once its deemed safe for all involved.

WHAT IS THE SELECTION CRITERIA?

Entrepreneur must be a founder. Only founders and co-founders may participate in the program. Team members may join specific activities on a case-by-case basis.

There must be a minimum of 2 full-time employees beyond co-founders – While team members don’t have to be based in Miami, they cannot be outsourced.

Company must be based in Florida. As Endeavor Miami, we work with Florida-based companies. In addition, as the HQ is in Miami, it is preferable for entrepreneurs outside of the city to be willing to travel if the program so requires.

Company must have product-market-fitEndeavor considers PMF any company that is currently selling its solution to paying clients.

Company must be making $1M+ in annual revenues. Revenue must be actual as of Q4 2020. Companies at around $900K+ are welcome to apply as long as they hit $1M within Q1 of 2021.

All industries are welcome to apply as long as the solution is not service-based (consulting companies, agencies and other businesses whose solution is human talent won’t benefit as much from the program). F&B, CPG, and other less tech-enabled companies are welcome to apply.

WHAT ARE THE KEY PROGRAM DATES?

November 9th:  Applications Open

January 4th: Application Period Closes

February 16th- May 3rd: ScaleUp Program Cohort Three

 

APPLY HERE

Cohort One

 

CarBuckets: founded in 2017 in Miami, is a patent-pending automotive platform committed to bringing the joy back to car buying through transparency, convenience, and low group prices. By grouping car buyers into “Buckets”, based on city and car brand, CarBuckets leverages its large network of same-brand dealerships, by getting dealers to compete against each other to win the group and its business. The dealer with the lowest overall price wins. In return, CarBuckets users are saving, on average, 40% more than if they were shopping alone or using another car-buying website.

Caribshopper: an e-commerce marketplace that allows the Caribbean consumer to shop US retailers & Caribbean retailers all from one central app. They provide the complete online shopping experience giving access to the widest range of products & brands from retailers, the most local payment options—even cash, and deliver directly to their doorstep.

Caribu: an education platform that helps parents, extended family, and mentors read and draw with children when they’re not together. We’re “FaceTime meets Kindle”, for kids. The result is an engaging livestream shared-screen experience – in a carefully designed, curated, and secure platform. An in-app library contains hundreds of books, in seven languages, from leading children’s publishers, and many educational workbooks that you can draw on together in “real-time”!

EZLabz: a South Florida Health Tech Startup focused on providing on-demand home health care services. They are changing the way the everyday consumer has their blood work completed by sending nurses to their home or office to draw blood and collect urine samples.

Freedom Social Technology: is the ultimate tool for the political world. Founded by YPO/Harvard Ricardo De La Blanca in 2017, Freedom Social Technology’s mission is that of providing political parties, leaders and their followers with a tailored mobile-app and honest social media experience to create and manage political networks. Today, this platform is being used by more than 20 political parties worldwide and counts with the support of the main pro-democratic institutions such as, IDU (International Democrat Union), WFD (Westminster Foundation for Democracy) in London, IDEA (Institute for Democracy and Electoral Assistance) and, UPLA (Unión de Partidos Latinoamericanos) and is in the process of being implemented by several political parties around the world.

Globalshopex: provides an easy-to-integrate international checkout and logistics solution for SMB to sell to more than 200 countries. Globalshopex calculates taxes and duties, optimize shipping rates among multiple carries and by consolidating, charge in local currency and provides local payment options. Then, Globalshopex enables US merchants to convert more international orders without the risk of fraud and without taking responsibility on the orders, logistics, returns and customer support.

Innovation SM: a premier operator of Florida senior living communities whose leadership has over 125 combined years of experience nationwide. They have expertise in affordable and middle market properties. Innovation Senior Management offers a full suite of property management services for acquisitions and new construction properties.

Playbycourt: an integrated POS and management platform for the tennis industry that allows professionals to handle all aspects of their operation under one single solution. Their cloud-based software and payments platform is specifically designed to address the unique requirements of the tennis industry. They help partners simplify their day to day operations, increase court usage, enhance transparency, and attract new clients by focusing on delivering a customer first experience.

SECBERUS: creates cloud security technology to help organizations stay secure & compliant in the public cloud. The company provides Cloud Security Posture Management (CSPM) through its flagship product, CUMULUS CYBER-IQ. Security leads can now manage multi-cloud misconfiguration risk with real-time risk visibility, intelligent remediation plans, and custom security & compliance reporting. Security teams can continuously identify and remediate cloud infrastructure risks across public cloud accounts.

 

Cohort Two

 

Axela Technologies automates and improves the servicing and collections process for various real
estate-backed receivables. By providing innovative collections solutions, Axela strives to maximize recovery for its clients, while helping homeowners avoid foreclosure and stay in their homes. The company also assists homeowners recover any surplus funds that may be available to them after a foreclosure occurs. Axela’s success and scalability rests on its proprietary platform that streamlines and automates its various business functions.

 

BeMeals is a South Florida-Based Company providing workplaces with state-of-the-art Smart Freezers stocked with all-natural, preservative-free meals. Its mission is to transform and revolutionize the way the world eats while working, offering healthy and convenient options for breakfast, lunch, snacks, dinner and desserts. With a team of; a James Beard award-winning Chef, certified nutritionists and innovative techies, BeMeals serves world-renowned companies. BeMeals’ customers access their office’s Smart Freezer through the BeMeals app, unlocking nutritious and delicious meals in 3 minutes or less, available 24/7. BeMeals is constantly innovating, making it easier and faster for workers to get the nutrition they need to get the job done.

 

BetablocksImplementing enterprise blockchain is complex, lengthy (5-6 months) and expensive ($100ks). Most of the available technologies and blockchain engineers focus on public blockchains (crypto), rather than enterprise permissioned or hybrid blockchains. Betablocks is a Miami-based technology company customizing, building & deploying blockchain networks for enterprises. Betablocks is currently developing Chambray, our first Blockchain as a Service product. Chambray is a web-based, cloud-agnostic, and turnkey solution to customize, build, deploy & manage hybrid blockchain networks. Chambray helps companies reduce blockchain implementation time from 3-6 months to less than 1 week. Our goal is for the product to outperform existing blockchain solutions and add tooling currently not offered in the market.

 

Blackdove is a subscription-based video art platform offering access to a global collection of artwork for residential and commercial settings. Transforming your environment with stunning moving image artwork is as simple as downloading the Blackdove app and pairing it with your television. Join the digital art revolution at www.blackdove.com or download our mobile app for iOS or Android.

 

CargobotOffering a frictionless relationship between shippers and carriers, Cargobot delivers a higher level of transparency, visibility, and efficiency to disrupt and transform the “broker” figure in the inland freight industry.

Through the use of technology, Cargobot combines a free freight-matching platform, desktop and mobile Apps, with personalized customer support, and strategic partners that enable shippers and carriers to go direct. 

Cargobot, founded in 2016, in Miami, FL, has stayed true to its origin where it continues to host its headquarters. Nonetheless, it has grown to establish offices in Colombia and Spain, including a market footprint in the USA, Canada, and Mexico.

 

Company Combo was founded in 2015, it helps small and medium entrepreneurs from outside the USA to start and grow an ecommerce or technology company without having to make high investments in infra-structure and counting on a team of qualified professionals to help them run their operations while living abroad. Using our warehouse, fulfillment, accounting and tax, over 850 entrepreneurs from 23 different countries are able to enjoy the global market through their US operation.

 

Duradry is a DTC brand that offers solutions for people who suffer from excessive sweating. The company has been in business for almost 4 years and has been consistently growing 3X+ YoY. Duradry has helped thousands of customers – you can read hundreds of reviews on their site or watch hundreds of video testimonials of its raving fans on IG (@duradry). 

 

Nickelyticsa Techstars-backed company, delivers omnichannel ad campaigns by combining out of home advertising with online retargeting. We do this by integrating advertising campaigns with our micro-mobility and ride-sharing partners, track consumers exposed to the ad with our proprietary technology, and digitally retarget those consumers online. Simply put, we help advertisers connect offline exposure to online engagement.

Xennial Digital is a tech company focused on building enterprise-level solutions, content and platforms using Virtual Reality, Augmented Reality and Mixed Reality. XD aims to address a new generation of immersive learning and training needs for educational and commercial organizations.