Accelerating Growth for Second-Stage Companies
Scalerator NEO helps established Northeast Ohio companies accelerate profitable, sustainable growth. The six-month program brings CEOs and their leadership teams together with experienced faculty, peers and practical strategies they can put to work in their businesses immediately.
Designed for companies with approximately $3 million to $15 million in annual revenue, Scalerator welcomes businesses from all industries. Participants share a strong ambition to grow and a willingness to explore new approaches to the opportunities and challenges that come with scaling a successful company.
Customers. Capacity. Cash.
Scalerator focuses on the three Cs of growth: Customers, Capacity and Cash.
Through interactive sessions, individual company work, and peer learning, participants examine the factors influencing growth in each of these critical areas and develop practical strategies to move their businesses forward. The program is designed not simply to teach concepts, but to help leadership teams apply what they learn directly to their companies.
Proven Results
Scalerator NEO has helped more than 100 Northeast Ohio companies strengthen their businesses and pursue new growth since the program launched in 2017.
Research examining the long-term impact of Scalerator NEO found that five years after participating, companies experienced:
Employment growth 43 percentage points higher than comparable businesses
Sales growth 23 percentage points higher than comparable businesses
The growth associated with Scalerator NEO has supported an estimated 2,830 jobs and generated nearly $178 million in economic activity across Ohio.
Is Scalerator NEO Right for Your Company?
Scalerator is designed for established, growth-oriented companies that:
- Generate approximately $3 million to $15 million in annual revenue
- Have a CEO or owner with a strong ambition to grow
- Are willing to engage members of their leadership team in the experience
- Are open to examining new approaches to Customers, Capacity and Cash
- Are ready to commit time and attention to putting new strategies into practice
Companies from all industries are encouraged to apply. A diverse cohort creates opportunities for participants to learn not only from Scalerator faculty, but also from business leaders facing similar growth challenges in very different sectors.
Expert Faculty. Practical Experience.
Scalerator was developed by Daniel Isenberg, CEO of Entrepreneurship Policy Advisors and former Harvard Business School professor. He leads an experienced faculty team whose members bring extensive real-world experience building, growing, leading and advising companies.
Scalerator programs have been offered in communities around the world, bringing together growth-minded business leaders with faculty who understand the opportunities and complexities of scaling an established company.
Burton D. Morgan Foundation partners with MAGNET to administer Scalerator NEO.
Fully Funded for Participating Companies
There is no cost to participating companies.
Scalerator NEO is fully funded by Burton D. Morgan Foundation with support from the Fasenmyer Fund, providing eligible Northeast Ohio companies access to this intensive growth program without a participation fee.
Ready to Scale?
Applications are reviewed on a rolling basis, with a limited number of companies selected for each cohort. The next cohort begins in January 2027 and applications are being accepted and reviewed now.
Not sure whether Scalerator is the right fit for your company? Contact Brittany Bush to learn more.
For Scalerator NEO Alumni
Graduates of Scalerator NEO are eligible to receive the Scalerator NEO Alumni digital badge, recognizing their participation in the program and commitment to continued business growth.
Learn more about recognition badges