Press Release (ePRNews.com) - WASHINGTON, DC - Aug 04, 2016 - Accelerator program Dcode42 announced that it is now accepting applications for its next cohort. But there’s a twist: it’s not for just early stage startups. As an accelerator that focuses specifically on the US government market, Dcode42 has opened its doors to larger, emerging growth companies as it tackles ongoing challenges in Big Data and Analytics this fall. Their reasoning? When it comes to working with the government, every company is a startup.
“Government is such a different kind of market, with its own set of rules, language, and culture, that going government is much like starting a new company,” said Meagan Metzger, CEO of Dcode42. “Larger companies are realizing that the rules and norms they’re used to in the private sector may not apply to government, and there are a lot of resources they need to break into the market. You can’t just say, “we’re going to sell to the US government now.” Our program is designed to ensure companies of all sizes have access to the tools and resources they need to enter the market and succeed there.”
Government is such a different kind of market, with its own set of rules, language, and culture, that going government is much like starting a new company.
The same handful of companies have dominated the government contracting world for decades, a situation that doesn’t necessarily foster groundbreaking new ideas or risk-taking. With innovation now a bigger priority than ever, the government has realizing the importance of disruption and has taken steps to connect with companies that have traditionally avoided the market. Dcode42 is working with agencies throughout the government to help bridge this gap and bring these groups together.
The Dcode42 program has developed two tracks for companies of different sizes: the startups track, for companies with under $14M in revenue and/or funding, and the emerging growth track, for companies with $14-100M in revenue and/or funding.
Along with access to all the resources needed to “go government,” the six to ten companies selected into the four-month program will brief key government leaders, meet industry experts and partners, and present their technologies before an audience of government, industry, and venture capital. Although Dcode42 is located in Washington, DC, companies can participate in the program from any location. Participants of previous cohorts have briefed over 200 federal stakeholders and potential partners in private sessions as well as at public events.
The deadline to apply for the upcoming cohort is September 2. Companies that wish to apply can visit www.dcode42.com/apply