Central Alberta Regional Innovation Network
Resources and Tools
Organization
Resources, Tools, & Contacts
Get Started
RDP-CIMTAC
RDP-EIC
Olds College Centre for Innovation
Community Futures
Business Link
Alberta Innovates
NRC-IRAP
Stettler Board of Trade
Drayton Valley
Manufacturing Enhancement and Export Cluster
RDP-General
Olds College
Central Alberta Economic Partnership
CARIN
Scaling
The Scaling Stage is the third phase in the entrepreneurial journey, following the startup phase and growth phase. At this point, the business has achieved a level of success and is ready to expand rapidly to increase revenue and market share. Scaling involves sustaining and amplifying growth in a business while maintaining its core processes, values, and integrity.
The objective of scaling is to ensure that the business reaches its full potential. This often involves investment in infrastructure, processes, and systems to support the growth of the business. At this stage, businesses are required to maintain focus on their core product or service offerings while exploring new markets and channels for growth.