The 10X Growth Accelerator delivers targeted, intensive assistance to established high-potential tech and tech-enabled ventures that are based in Arkansas. The combination of a globally recognized, proven, growth-oriented, entrepreneurship curriculum, with management assistance, links to flagship customers and access to capital has been a proven model in rapidly driving both revenues and new job creation within Arkansas’ high-growth companies. In its first year, two cohorts of scalable Arkansas companies went through the 10X curriculum. Alumni companies saw measurable growth in revenue, sales, and jobs created after starting the program. Survey results show that 100% of alumni companies said that the 10X Growth Accelerator is a valuable program for scalable companies within the state.
We're looking for growth-oriented firms with annual average revenues from $100,000 to $10,000,000. The 10X Growth Accelerator provides much needed targeted support to growth-oriented ventures with a specific focus of supporting the architecture assessment, and/or recommendations for scalable software and world-class cybersecurity technology. The 10X Growth Accelerator program consists of a growth-oriented, practical, peer-driven entrepreneurship education curriculum, management assistance and support services, access to capital, and connection to an expanded network.
Selected companies must commit to having at least one C-level executive available, engaged, and in attendance at program meetings. During the 14-week program, required meetings will be once each week for up to three hours in Conway, Arkansas.
Applications for the program are due March 1.
The 10X Growth Accelerator kicks off on April 2, and meets Tuesdays from 3-6 p.m. in Conway, Arkansas.
You have a growth-oriented firm with annual average revenues from $100,000 to $10,000,000.
Your company is based in Arkansas.
Your business is growth-oriented and you can fully commit to this program.
You will have C-level participation at every meeting.
Week 1: Session Kick-off, Introductions, and Overview of the 10x Growth Plan
Week 2: Developing Your Message Map, Your Elevator Pitch & Presenting Your Company to Others
Week 3: Sales Growth & Building a Sales Team
Week 4: Market Research Resources at the ASBTDC and Sales Development & Lead Generation (Offline, Online & Other)
Week 5: Digital Marketing Tips & Tricks (Learn from the Pros) (Begin Code Reviews)
Week 6: Lean Methodologies for Customer Development & Evaluating Product/Service Mix and Identifying & Managing Business Risks and Best Practices in Venture
Technology & Cybersecurity
Week 7: First Draft - 10x Growth Plan Presentations & Feedback (End Code Reviews - Begin Cyber Reviews)
Week 8: Leadership, Culture & Talent Development/Retention
Week 9: Doing Business with Large Companies & Fortune 500s
Week 10: Installing Financial Disciplines (Budgeting, Cash Flow, Forecasting, Key Metrics, etc.); and Preparing Your Company for Exit
Week 11: Approaches to Work Transformation and Building Repeatable Processes
Week 12: Raising Growth Capital: Debt, Equity, Non-dilutive & Forming a Board of Directors/Advisors and Having a Strong Support Team
Week 13: Speed Dating Workshop - Presenting to Investors, Bankers, & Customers (Elevator Pitches)
Week 14: LAUNCH - Graduation & Celebration
Glenn Crockett, Director of the 10X Growth Accelerator: Glenn@ARConductor.org