Ernst & Young (EY) is a global professional services firm that provides a wide range of audit, tax, advisory, and transaction advisory services to clients in over 150 countries. In the United States, EY is a leading provider of professional services to a wide range of clients, from small businesses to Fortune 500 companies. In this comprehensive guide, we’ll explore Ernst Young US 64b Q1levyCNC initiative and how it supports entrepreneurs and startups in their early stages.
What is the Ernst & Young US 64b Initiative?
The Ernst Young US 64b initiative is aimed at helping startups and entrepreneurs grow their businesses and achieve their goals. The name “64b” is derived from the section 64(b) of the Internal Revenue Code, which provides tax incentives for investors who invest in early-stage companies. The initiative was launched in 2016 and has since helped many startups and entrepreneurs across the country.
The Q1levyCNC Connection
Q1levyCNC is a strategic partner of EY’s 64b initiative, providing capital raising, investor relations, and business development services to startups and entrepreneurs. The partnership between EY and Q1levyCNC helps startups and entrepreneurs connect with investors and secure the funding they need to grow and scale their businesses.
Services Offered by EY’s 64b Initiative
The EY 64b initiative provides a wide range of resources and support to startups and entrepreneurs, including:
- Mentorship and Advisory Services: EY provides mentorship and advisory services to startups and entrepreneurs, helping them navigate the challenges of starting and growing a business. This includes help with business strategy, financial planning, and operational efficiency.
- Access to Capital: EY helps startups and entrepreneurs connect with investors and secure the funding they need to grow and scale their businesses. This includes assistance with fundraising, due diligence, and deal structuring.
- Networking and Community Building: EY provides opportunities for startups and entrepreneurs to connect with other like-minded individuals and organizations, fostering a sense of community and collaboration. This includes events, workshops, and online forums.
- Education and Training: EY provides educational resources and training programs to help startups and entrepreneurs develop the skills and knowledge they need to succeed in today’s business world. This includes online courses, webinars, and workshops.
Success Stories of the EY 64b Initiative
The EY 64b initiative has helped many startups and entrepreneurs across the country achieve their goals and grow their businesses. Some of the success stories include:
- Poshmark: Poshmark is an online marketplace for buying and selling clothing, shoes, and accessories. EY’s 64b initiative helped Poshmark raise $87.5 million in funding in 2015, which helped the company expand its platform and grow its user base.
- RxAdvance: RxAdvance is a healthcare technology company that provides cloud-based pharmacy benefit management solutions. EY’s 64b initiative helped RxAdvance raise $40 million in funding in 2018, which helped the company expand its services and partnerships.
- Parsley Health: Parsley Health is a healthcare company that provides personalized medicine and wellness services. EY’s 64b initiative helped Parsley Health raise $26 million in funding in 2019, which helped the company expand its offerings and open new clinics.
Final Thoughts
The Ernst Young US 64b initiative, in partnership with Q1levyCNC, is an excellent opportunity for startups and entrepreneurs to get the resources and support they need to succeed. Whether you’re just starting out or looking to take your business to the next level, the initiative offers valuable mentorship, access to capital, networking opportunities, and thought leadership that can help you navigate the challenges of entrepreneurship and grow your business. If you’re a startup founder or entrepreneur looking for guidance and support, the EY 64b initiative is definitely worth considering.
