Accelerator FAQ

About Accelerator

What is the EO Accelerator Program?

The EO Accelerator program is a learning program for entrepreneurs who want to grow their business to pass the $1M mark and join EO through direct learning, access to mentors, leaders, peers and experts and the opportunity to take control of your business.

When was Accelerator founded?

2005! And since then, we’ve grown to 38 programs in 11 countries with over 395 graduates to EO chapters!

Will Accelerator tell me what to do?

No, our mentors, EO members, and participants will share from experience and provide tools and examples. It’s up to you to make the changes in your business to accelerate its growth.

Will the EO Accelerator Program take any ownership of my business?

Not at all! We are a not-for-profit program and will only charge you participant fees to cover the cost of operating our program. Your business is your business. We just want to help you grow it.

When does the program start?

Our Fiscal Year runs 1 July – 30 June. Program intake depends on the location. Most programs either do ongoing start dates, quarterly start dates, or two intakes a year.

What does the program include?

The EO Accelerator program includes:

  • Four full day learning events planned one per quarter, facilitated by EO members
  • Monthly Accountability Group meetings focused on goal setting and peer accountability led by an EO Member
  • Use of EO goal setting and tracking tools
  • Access to local and global EO events as shared
What does the content cover?

Our content covers four main pillars for running and growing a successful business: Strategy, Sales & Marketing, Finance, and People.

What are the qualifications to apply?
  • Be the owner or founder of an operating business with gross yearly revenues between US$250,000 to US$1 million
    • For venture-backed companies to qualify, they must have privately raised funds between US$250,000 and US$999,999
  • Interested in growing your business rapidly
  • Interested in joining EO when you hit that $1M mark
What is the time commitment as an Accelerator Participant?

Four full day learning events each year, 8-12 accountability group meetings (usually held 2-4 hours per month) and any additional time you need to apply changes and goals to your business.

If I move or move my business, can I switch to a different program?

Absolutely! Just let us know and we will work with you to make it happen.

Can both my business partner and I be a part of the program?

Yes! However, you each need to apply separately and pay individual participant fees.

If I leave the program part way through, can my business partner take over my spot in the program?

Yes, but they would need to apply and be accepted by the local program and pay their own participation fees.

There is no program near me, can I still be involved?

This depends how far you are from the closest program. We do not currently offer virtual learning for the Accelerator program.

What do I do if I am moving and want to switch Accelerator program locations?

Notify your local Accelerator Chairs and Accelerator@eonetwork.org to see if there is a local program where you are moving to. EO Global Staff will act as the liaison between programs to facilitate the change over. Additional local fees may be required depending on the current fees of the program you are switching to and from.

Is there a disadvantage to starting the program in the middle of the EO Fiscal Year?

No. Our content is designed to rotate. You will learn about each subject and module over time and will be able to continue setting goals and changing the path for your business regardless of when you start.

I don’t have a calendar of events for my program, who do I contact?

Most events are shown on “events”  at the top of this page and can be sorted by location or date. If you’re looking for more than what’s listed there, please contact your local EO leadership or Email us!

Money

What are the total costs of the program?

A full year of Accelerator is $1500 and covers 1 July – 30 June and does not include any local fees that may apply.

I’m starting the program after July, do I still have to pay the full $1500?

No. We will pro-rate your charges depending upon the month you’re approved to join. We will also pro-rate the local fee by month. You will receive a full breakdown of the amounts through 30 of June. Want to know what the amount is where you are right now? Email us!

I only paid through 30 June, can I keep participating?

Yes! If you have not reached the end of your third year in the program, you will have the option to renew in June for the following year.

Can I pay my fees monthly?

No. Please contact us with your situation and we will see if we can accommodate anything.

When do I renew my participation?

All Participant renewals occur in June for the following 1 July start date.

If I leave the program before 30 June, can I get a refund?

Refunds are approved locally. Please contact your local EO Accelerator Chair should you need a refund. If approved, refund will be based on the $1500 global fee and are pro-rated based on the date of the approval through the remaining fiscal year quarters. Any refunds must be returned to the credit card or wire account the payment came from. Local fee refunds are at the chapters discretion.


Graduating from Accelerator

How long does it take to reach the $1M mark?

The current average is 24 months. It all depends on what changes you make in your business and how you experience growth.

I’ve hit the $1M US mark, now what?

Congratulations! It’s time to celebrate! All you need to do is let your local EO Accelerator leadership know and apply for EO directly! Acceptance to EO is at the chapters' discretion. Accelerator participants are not automatically accepted to EO chapters and must follow the chapter application process.

If I graduate before the end of the year, what happens to the remaining portion of my Accelerator fees?

We will apply them towards your EO new member fees in the form of a discount from the EO Membership team at the time of processing.


Entrepreneur's Organization

What is the relationship of EO to the Accelerator program?

Each Accelerator program is housed at a location where there is an EO Chapter. The EO members manage and execute the program locally from recruiting to learning days and are the main driver of the success of the program.

What is EO?

The Entrepreneurs' Organization (EO) is a global business network of 10,000+ leading entrepreneurs in more than 142 chapters and 46 countries. Founded in 1987 by a group of young entrepreneurs, EO enables business owners to learn from each other, leading to greater business success and an enriched personal life. We educate, we transform, we inspire and we offer invaluable resources in the form of global events, leadership-development programs, an online entrepreneur forum and executive education opportunities, among other offerings designed for personal and professional growth. Check us out!

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