# Graduate

URL: /business/lifecycle/states/graduate · Id: `state:graduate`

> Graduate is the state of a Startup that leaves its studio for a company of its own, keeping its Brand, Customers, and records.

Graduate is the state of a [Startup](/business/nouns/startup) that leaves its [Studio](/business/nouns/studio) for a [Company](/business/nouns/company) of its own, keeping its [Brand](/business/nouns/brand), [Customers](/business/nouns/customer) and records. Its revenue history moves with it, and whatever the Studio supplied keeps serving it under an [Agreement](/business/nouns/agreement).

## Entry checks
| Check | Id | Kind | Passes when |
| --- | --- | --- | --- |
| Company of its own | `graduate-company` | `registry` | A company of its own holds the Startup, with its Brand, Customers, and records moved intact. |

## Builders at work
None.

## Roles on duty
None.

## Workflows that wake
None.

## At the next state
None.