Thank you for your interest in applying to ENCEP-Cohort IV!
Program Dates: March 7, 2023 - May 12, 2023
Applications for the 2023 ENCEP program must be received by 5:00 PM January 31st to be considered for this round. We are seeking up to 15 companies for ENCEP’s fourth cohort that starts on March 7th.
You will receive a response to your application. Please do not contact the ENCEP program regarding the status of your application, it only delays our response time.
All of your information will be kept secure and confidential and shared only with our judges and staff.
Who is ENCEP For?
The ENCEP program is designed for Eastern NC business owners who are focused and prepared to scale their business exponentially (see Growth vs Scale below). We’re looking for companies who:
- Are eager to learn from experts, work with a mentor, and network with other entrepreneurs;
- Are located east of I-95;
- Have less than $250,000 in annual revenues; and
- Want to scale to $1 million in revenue and/or 50 employees within 5 years.
ENCEP is especially looking for companies run by women and minorities located in Eastern NC's economically distressed counties (Tier 1 or Tier 2 as defined by the NC Department of Commerce)
WHAT’S THE DIFFERENCE BETWEEN GROWTH VS. SCALE?
Growth means you are increasing revenue at the same rate as you’re adding resources — your costs keep pace with your revenue.
Scale, on the other hand, means you increase revenue at a much greater rate than the resources and costs involved.
Growth is linear while Scale is exponential. Your business scales when investments of time, money and energy in repeatable and predictable processes lead to rapid expansion. If you are a founder who’s focused and prepared to scale your business rapidly, then ENCEP is for you!
You have the option to save your application and come back to it later. The ‘Save’ button is at the bottom of the form.