Jul 12, 2021

Startup Junkie Foundation, GrowthX Partner for Launch of Fuel Accelerator

Startup Junkie Foundation and GrowthX have announced a collaborative partnership to expand the impact of the 2021 Fuel Accelerator Program. The Northwest Arkansas-based entrepreneurial support organization will lock arms with the Silicon Valley-based venture capital fund to incorporate their Market Acceleration Program (MXP) into the Fuel curriculum. With the addition of GrowthX and the MXP Online platform, cohort companies will gain invaluable access to their go-to-market expertise, on-demand trainings and interactive playbooks. 

As an entrepreneurial support organization, Startup Junkie Foundation is the drumbeat for activity across the Northwest Arkansas startup ecosystem. Backed by the Arkansas Economic Development Commission, the Walton Family Foundation and the U.S. Economic Development Administration, Startup Junkie has been awarded long-term funding to provide high-quality services at no cost to the entrepreneurs they serve. Fuel is the latest such program.

Fuel is an industry agnostic accelerator with a focus on artificial intelligence and machine learning focused on consumer-packaged goods, supply chain, human resources, advertising and marketing, AgTech, business process automation and productivity, as well as technologies that are direct enablers of these. 

Fuel is specifically designed for seed and growth-stage technology companies ready to scale and become enterprise ready. Building a great product, solution, or technology is just one part of the equation for a successful company creation.

Fuel program participants will also have access to live go-to-market coaching, on-demand training and interactive playbooks exclusively developed by GrowthX as part of MXP Online, their global virtual go-to-market accelerator.

“Startup Junkie Foundation, the Arkansas Economic Development Commission, the Walton Family Foundation and the U.S. Economic Development Administration are the perfect partners for GrowthX in Northwest Arkansas, as we all share the core belief that entrepreneurism can fuel the economy and create jobs when capital is combined with go-to-market expertise,” says Andrew Goldner, the CEO and a Founding Partner of GrowthX.

With added participation from RevUnit, a key strategic technology partner to Walmart, J.B. Hunt, and Tyson, as well from Catapult Consulting, founded and led by the former Director of Emerging Technology at Walmart Stores Inc., Fuel entrepreneurs will also benefit from mentorship provided by experienced subject matter experts from the largest enterprises and transportation and logistics companies in the world. 

“This is the perfect opportunity for founders ready to scale their technology into an enterprise environment,” said Taylor Hasley, Executive Director of Startup Junkie Foundation and Fuel Program Director. “Not only will you have the opportunity to nurture meaningful and lasting relationships with our regional enterprises, but founders will also get to experience the extraordinary quality of life Northwest Arkansas has to offer.”

Learn more about Fuel aquí

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Acerca de la Fundación Startup Junkie 

Startup Junkie has facilitated 12 previous accelerator programs with nearly 150 alumni companies. They engage thousands of entrepreneurs in the Northwest Arkansas region through a vibrant startup culture. Their clients have raised $469.2 million in private investment capital and scaled to a collective $797.5 million in annual revenue. 

About GrowthX

GrowthX is a Silicon Valley-based venture capital fund run by operators with extensive go-to-market expertise. Founded in 2015, GrowthX has operated its Market Acceleration Program (MXP) exclusively for its portfolio companies since inception.

In 2019, MXP Online was launched to enable global founders, and the organizations that support them, with that same go-to-market expertise in the form of a virtual accelerator that combines live coaching, on-demand training and interactive playbooks to deliver real results. Founders find product-market fit, and GrowthX finds, qualifies and earns investment opportunities.

About RevUnit

Headquartered at the Exchange in the heart of the Bentonville Arts District, RevUnit has grown at a triple-digit rate for the past three years and now employs a close-knit family of over 100 talented designers, developers, and strategists who are scattered all across the country building technology to help enterprises work better. 

RevUnit is proud to have been named to the Inc. 5000 list of America’s Fastest Growing Companies for each of the past three years and was recently named on Entrepreneur’s list of Top Company Cultures. RevUnit has also been named as a Best Place to Work in Arkansas for three consecutive years, and its founders, Joe Saumweber and Michael Paladino, were recognized by the Small Business Administration as the 2018 Arkansas Small Business Persons of the Year. 

Sobre Catapulta Consulting

Catapult Consulting is led by founder and CEO, Tom Douglass. Tom uses his unique experiences in small business, Fortune 500 Enterprises, and deep domain experience in business strategy to bring companies and ideas to the forefront and create the next generation of disruptive businesses.

As a result, Catapult Consulting launches companies to the next level. Tom works with them to elevate their business with fractional C-level leadership, long and short-term strategy development, emerging tech assessment and demo validation, coaching and educational programs and access to his extensive network in a variety of disciplines and enterprises.

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