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Maryland-based private equity firm Mauloa has announced the launch of the Mauloa SMB Accelerator, a new program aimed at supporting mature, family-owned businesses within 100 miles of D.C.
The accelerator, which begins Sept. 8, will culminate in a $10 million to $20 million investment offer to one winning company.
Unlike typical accelerators focused on startups, Mauloa’s program targets more established, family-owned companies generating at least $20 million in annual revenue and $3 million in cash flow. Participation in the 90-day accelerator program is free, and only three companies will be selected.
Andrew Sachs, Mauloa’s founding partner, said the accelerator addresses a critical need in the current business environment.
“They are sizable companies but … they are on the smaller end (of the market). We believe they are truly the backbone of our country,” Sachs said.
The 90-day program emphasizes “balance sheet optimization” and “targeted marketing,” especially via social media — which are areas Mauloa sees as essential to long-term growth.
Click here for full story from WTOP

