World Trade Centre’s GDP trying to help businesses scale-up
by CM Staff
Many successful businesses hit a glass ceiling of growth after reaching revenues of approximately $5M per year, according to The World Trade Centre-Toronto.
TORONTO — The World Trade Centre Toronto’s Growth Development Program (GDP) is back with its second cohort starting September 13, 2022. Developed in collaboration with Scotiabank, the program aims to help established, high-potential Canadian companies overcome growth barriers and strengthen their scale-up strategy.
Many successful businesses hit a glass ceiling of growth after reaching revenues of approximately $5M per year, according to The World Trade Centre-Toronto. Regardless of industry, the Growth Development Program (GDP) will try and provide scalable Canadian SMEs with highly practical workshops and mentorship sessions led by the country’s top scale-up business experts. In addition, participating companies will graduate with a professionally vetted strategic growth plan and be able to take advantage of the peer-to-peer network of thel World Trade Centre Toronto (WTC-T).
“This year, we successfully launched our Growth Development Program, marking a new milestone towards supporting entrepreneurship in Canada. Through this initiative, we aim to support Canada’s scale-up ecosystem, boost sectors vital to its economic growth and drive investments in new technologies that will spur business growth and resilience,” said Leigh Smout, President, World Trade Centre Toronto. “This program is helping Canadian companies to identify gaps in their strategy and navigate growth challenges, while our expert mentors assist them in developing critical scaling-up skills and knowledge.”
The program’s upcoming cohort will run from September to October. Among the topics it will address are:
- Developing Your Growth Mindset
- Maximizing Operational Efficiency
- Optimizing Financial Management and Funding
- Enhancing Leadership Skills to Gear-Up for Growth
LinkedIn, Alta Consulting, BDC, CFO Centre, EDC, Future Focus, Gravity Consulting, Kereitsu, MNP, ProserveIT, Randstad, Rotman School of Management – University of Toronto, Roynat Capital, TWL Law and TMX are some of the partners supporting the program’s content.