Phoenix Xcelerator

Apply to our Aerospace & Defense startup tech accelerator to unlock resources, mentorship, and opportunities that can help take your business to the next level.

We identify, vigorously vet, and cultivate startups that have the potential to give the warfighter an unfair advantage. We do this through structured programming, rigorous curriculum, relevant connections, and purposeful mentorship. We accelerate industry-led, dual-use innovation by focusing on customer discovery and engaging the warfighter for feedback, which enables test and evaluation activities, proves technological efficacy, validates business models, enhances relationships, defines market strategies, identifies funding pathways, and builds partner trust. We support our sponsors by enabling high-paying job creation, providing access to talented leaders and engineers and innovative companies (suppliers/vendors), and enhancing regional economic growth. Together, we are fielding next-generation innovation to the warfighter. 

Key Technology Focus Areas

  • Defense/Critical Manufacturing

  • Information & Electronic Warfare

  • Autonomy / UAS/C-UAS (Mobility/Logistics)

  • Artificial Intelligence & Cybersecurity

  • Simulation & Training

  • Other Technologies for Mission Readiness

Key Selection Criteria

  • Level of dedication to startup, commitment to program

  • Alignment to warfighter needs

  • Opportunities to support Test & Evaluation relationships 

  • Comprehensive Due Diligence process & security review 

  • Ability to execute, deliver results and build trust

Request Application

For Entrepreneurs

What You Gain:

  • No Cost, No Equity: Focus on growth without immediate financial burden.

  • World-Class Curriculum & Mentorship: Receive intensive 12-week programming combining startup fundamentals with deep defense industry insights from seasoned entrepreneurs, military leaders, and technical experts.

  • Access to Capital & Resources: Get guidance on securing non-dilutive funding (SBIR/STTR, grants), connect with potential investors, and access prototype/testing resources.

  • Mission Validation & Network: Validate your technology against real-world defense requirements and build invaluable connections with DoD mission owners, prime contractors, and industry leaders.

  • Develop & Test Your MVP: Gain support to refine your Minimum Viable Product and go-to-market strategy.

  • Showcase Your Innovation: Culminate your experience at our high-profile Demo Day, presenting to key stakeholders.

How You Contribute:

  • Bring your Innovative Solutions and "Warrior Ethos": Solve critical defense challenges.

  • Commit to an Intensive Program: Accelerate your company's growth and impact.

  • Collaborate with a Cohort of Driven Entrepreneurs: Contribute to Arkansas's growing defense innovation ecosystem.

Join the Phoenix Xcelerator Mission

For Investors and Financial Supporters

What You Gain:

  • Curated Deal Flow: Access a select group of early-stage companies rigorously vetted for their innovation, market potential, and alignment with defense needs.

  • Exclusive Insights: Attend our Demo Day and other investor-focused events to see pitches, meet founders, and understand emerging technologies firsthand.

  • Strategic Alignment: Discover startups developing solutions for critical national security challenges, offering both impact and potential returns.

  • Ecosystem Connection: Become part of Arkansas’s rapidly growing defense innovation hub, connecting with key players from industry, government, and academia.

How You Can Help:

  • Attend Demo Day: (May 29, 2025, at the Clinton Presidential Center) to identify promising investment opportunities.

  • Connect with Our Team: Discuss your investment thesis and learn about our graduating cohorts.

  • Consider Providing Early-Stage or Follow-on Funding: Accelerate the growth of startups.

For Businesses and SMEs

What You Gain:

  • Influence & Impact: Directly contribute to the success of startups developing critical technologies for our nation.

  • Access to Innovation: Get an inside look at emerging technologies and connect with fresh talent and ideas.

  • Strengthen the Ecosystem: Play a vital role in building Arkansas’s "Arsenal of Democracy" and its defense industrial base.

  • Networking & Visibility: Connect with other leaders, potential partners, and gain recognition as a supporter of defense innovation.

  • Potential Partnerships: Identify early opportunities for future teaming agreements, supplier relationships, or even talent acquisition.

How You Can Engage:

  • Become a Mentor: Offer guidance and share your experience with our entrepreneurs.

  • Be a Guest Speaker: Provide insights on specialized topics relevant to business growth, technology development, or the defense industry.

  • Host a Site Visit: Open your facility doors to provide startups with invaluable real-world context on defense operations, manufacturing, or compliance.

  • Corporate Partnership/Sponsorship: Explore opportunities to support the program, sponsor events like Demo Day (tables available!), or provide resources to our startups.

  • Provide Subject Matter Expertise: Assist with technical validation, market insights, or navigating defense procurement.

How It Works

Program Details

  • Onsite: Little Rock & Northwest Arkansas

  • Each Participant Signs the Forge Institute NDA & Program Participation Agreements

  • Weekly

Key Dates (Spring 2025)

Nov. 15 - Applications Open

Jan. 31 - Applications Close

Mar. 11 - Cohort Welcome

Mar. 12 - Program Begins/Kickoff Event (RSVP)

May 29 - Demo Day

May 30 - Program Ends

Alumni Program Begins for Selected Startups

Example Defense Workshops

1. Intro to Non-Dilutive Funding

2. Intro into AR Innovation Ecosystem

3. AEDC AR Intro Visit

4. Defense Ecosystem

5. Preparing Preparing Yourself for Gov Contracts

6. Building Your Capabilities Statement

7. Successful TTPs to Engage the Defense Computer

8. Thoughts from a Program Manager

9. How to Gov Contracting

10. Intro to Federal Labs

11. DoD Innovation Ecosystem

12. Defense Procurement

13. Contract Types

14. Building a Contract Strategy

15. Sourcing GovWin

16. Intro to Classifications

17. CUI & CMMC

18. Submitting SBIR Phase I

19. Building a SBIR Phase II & III Strategy

Location

Visiting Forge Institute HQ

Information on Downtown Little Rock

Relocation Support

  • LR Apartment Hunters (furnished monthly apartments)

  • Downtown Hotel Long-Term Stays

2025 Funding Partners

Supporting Partners

Accelerating Innovation to Support the Warfighter

Program Objectives:

  • Accelerate your business success and identify quality talent and strategic partners 

  • Validate your Business Model and Go-to-Market plan

  • Craft your Capabilities Statement and supporting marketing materials

  • Submit at least one written non-dilutive funding proposal (BAA, SBIR, OTA, etc.)

  • Develop and test your MVP/Prototype

  • Accelerate your company’s growth by evaluating dual-use technology markets

  • Enhance your company’s credibility through purposeful growth strategies

Are you ready to emerge as a Phoenix?

Request Application