The Breakthru Center, founded in 2010, is a focal point for creating, assembling and disseminating information on how to scale businesses from start-up through step-up (or second stage company) to sustainable enterprise. While many organizations today focus on the “start-up”, entrepreneurs are, for the most part, left on their own once they get the company organized and the first infusions of capital in place. The entrepreneur’s four pillars for success are passion, technical competence, leadership and adequate funding. However, without the ability to develop policies, procedures and a management team, any business will flounder.
The Breakthru Center has virtual and physical components. The website provides an opportunity for registered members to read as experts discuss the latest thinking on growing a business – as well as share their own experiences and ask for information. On the other hand, the organization will sponsor and partner to sponsor conferences and workshops throughout North America aimed at providing useful information and ongoing support for businesses as they grow.
Women have a special set of needs for growing their businesses. “I Break Thru!” is an arm of the Breakthru Center that focuses specifically on women’s needs. While women today start more businesses than men, their businesses are likely to stay smaller and their ability to attract funding is also significantly lower – thus fueling a negative spiral where many lack the capital to grow a sustainable business and this very failure reinforces lenders’ and investors’ reluctance to invest in their businesses.