A scale-up company, not to be confused with a startup, has already proven its potential for growth. Defined by the OECD as experiencing at least 20% annual growth in employees or revenue for three consecutive years with a minimum of 10 starting employees, they've transitioned from initial validation to rapid expansion. Unlike startups focused on finding product-market fit, scale-ups are focused on scaling their proven model to new markets, increasing customer base, and optimizing for efficiency. They often attract significant investment and play a crucial role in job creation and economic dynamism. While facing unique challenges in managing rapid growth, scale-ups represent the bridge between innovative startups and established firms, driving economic progress and shaping the future of industries.
