Strong Sector Focus New Growth Group specializes in workforce and economic development consulting, serving a diverse client base including colleges, universities, schools, nonprofits, government agencies, and business groups. This broad sector reach creates opportunities to introduce tailored solutions for workforce development, grant management, and program evaluation to new clients within these segments.
Expanding Client Base Having served over 100 clients across 23 states and Washington D.C., New Growth demonstrates an active presence and growing influence. Engaging with similar organizations or expanding services to new regions could increase market penetration and revenue streams.
Tech Utilization & Upgrades The company employs a modern tech stack including Google Workspace and cloud management tools, indicating openness to leveraging technology. Offering advanced digital tools or platform integrations for program management or stakeholder engagement could enhance their service offerings and generate additional sales.
Strategic Partnerships Recent collaboration with Cuyahoga Community College on Industry 4.0 trends suggests a focus on innovative workforce training. Developing targeted packages around emerging industrial and technological skill gaps could attract similar educational and government clients looking to modernize their workforce programs.
Growth and Revenue Potential With annual revenues estimated between $10 million and $25 million and a lean team of up to 50 employees, New Growth is positioned for growth in the consulting niche. Identifying complementary services—such as data analytics, digital advocacy, or customized workforce solutions—could unlock additional revenue opportunities within their existing client network.