Expanded eligibility to accept 80 military-connected businesses
Staff Reports | Digital Free Press
Bunker Labs and JPMorgan Chase Commercial Banking have opened applications for the 2022-23 CEOcircle program for military-connected companies.
The 13-month program, which kicks off in November, provides executives with opportunities to advance their businesses through quarterly in-person sessions, monthly peer-to-peer networking meetings and a 10-week mentor program with JPMorgan Chase, according to a press release.
“Veteran-owned businesses employ more than four million workers across the country. We’re excited to accelerate their success by helping them access essential financial coaching and the strong networks they need to take their businesses to the next level,” said Terry Hill, JPMorgan Chase Commercial Banking managing director, in a prepared statement. “Building on the success of last year’s program, we’re excited to continue to support military-connected businesses as they meet today’s demands, prepare for tomorrow’s opportunities and create impact that will last for generations.”
Prior to joining JPMorgan Chase, Ms. Hill served as a U.S. Army Capt., the release states. Go here to apply now through Aug. 3.
Bunker Labs and JPMorgan Chase are also expanding eligibility requirements and doubling the program’s capacity to further the goal of empowering military-connected businesses. Businesses with annual revenues of $1 million or better are now invited to apply for one of the 80 spots available, the release states.
Eligible businesses must:
- Be led by a military veteran and/or military spouse (CEO, senior executive and/or controlling shareholder)
- Have achieved an annual revenue of $1+ million or raised $5 million in capital
- Show high growth potential via market size, industry, market saturation and significant traction
“JPMorgan Chase is a significant partner and we are beyond grateful for their alignment in our mission,” said Blake Hogan, CEO of Bunker Labs. “Veterans and military spouses are a minority at this level of business leadership, but their impact is immense. That’s why it is so important to bring them together to learn, grow, and lean on one another as they have shared experiences from the military and building companies. We look forward to working with this new round of business leaders and JPMorgan Chase.”
Last year, Bunker Labs and JPMorgan Chase worked with 41 businesses with 2021 projected annual revenue ranging from $1.5 to $105 million. The businesses, which averaged $13.9 million in annual revenue, represented a diverse array of industries including healthcare, marketing, data and information technology, staffing and recruitment, and restaurants.
Go here to apply now through Aug. 3.
