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Forge Institute & Arkansas Launch Phoenix Xcelerator Program to Support Defense Start-ups

Jan 03, 2025•over 1 year ago

Contract Type

partnership

ArkansasCyber SecurityTraining

Description

The state of Arkansas is teaming up with the Forge Institute to fund the Phoenix Xcelerator, a program aimed at providing support for defense start-ups. The program offers education, resources, and industry access over a 12-week period, with a focus on helping new companies meet national defense needs.

Company Information

Company

Forge Institute & Arkansas

Location

Arkansas, United States

About

Forge Institute is an Arkansas-based nonprofit providing technology and training for clients in defense, aerospace, and cybersecurity sectors. Arkansas is supporting defense companies through a partnership with the Forge Institute.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months