GrowthX helps local, regional and national governments design and manage innovation ecosystems and retrain their workforce to drive economic growth, national competitiveness, and robust job creation.
The Importance of Innovation
90% of the variation in the growth of income per worker across nations is attributable to innovation.
Source: Information Technology and Innovation Foundation
Identify and Accelerate Top Local Entrepreneurs
As leading venture capitalists in Silicon Valley, our GrowthX Capital team is immersed in the largest startup scene globally. We screen thousands of startups annually.
We leverage that expertise to help our clients Identify top local entrepreneurs and guide them through our proprietary Market Acceleration Program to help them find product-market fit and attract venture capital investment.
Market Acceleration Programs
Market Acceleration Programs
Market Development Expertise
The cost and complexity of product development has been drastically reduced and has become more predictable. Consequently, the biggest risk for most startups has shifted from prototyping a product to getting it to market.
While many programs aim to help founders develop products and raise funds, our proprietary Market Acceleration Program (MXP) helps founders develop markets and raise revenue.
The MXP is designed to help founders to identify scalable and profitable sources of revenue generation by developing, testing and validate various market hypotheses. The goal of the MXP is to guide founding teams to true product-market fit fast and reduce the time and capital required get there.
The only sustainable way to find product-market fit is to create a continuous feedback loop between the startup and its customers. Founders must methodically go through a process to identify which markets are scalable and demonstrate enough need today that they are willing to purchase their technology. We call this Market Development and it differs from sales.
Sales is the pursuit of revenue for the purpose of profit; market development is the pursuit of revenue for the purpose of learning. The market development process focuses on enabling the startup to organize itself so it can learn from customers, respond to their feedback and iterate on go-to-market strategies in real time.
Unlike traditional accelerators that teach founders how to build a minimally viable product and raise money; the MXP teaches our founders how to market their product and make money.
Case Study: Korean Minister of Science, ICT & Future Planning
The Government of Korea launched Born2Global to identify startups with high potential to enter global markets. They allocated sufficient capital but lacked experience to select the best companies and they needed, in their words, a “product-market fit program.”
We developed a plan to complement a market readiness assessment to select the most promising startups, add market development programming to the Korean accelerator curriculum and additional immersive training in Silicon Valley.
We help select three annual cohorts of up to 8 startups each, and operate a 12-week market acceleration program including training sessions in Korea and immersive customer-engagement workshops in Silicon Valley.
"We developed a great partnership with the GrowthX team. We believe it provided systematic guidance for our startups entering the U.S market. Personally, as the Director leading Born2Global, I have a lot of respect for the team, especially Sean’s dedication and passion for startups."
JaeSung Ro • Director, K-ICT Born2Global
Innovation Training to Solve the Skills Gap and Drive Job Growth
There is a massive need for smart, driven people who have the skills and experience to help innovators get their products into the hands of customers.
GrowthX Academy is a profitable path to re-train your workforce to succeed in the Innovation Economy, drive economic growth, and boost national competitiveness.
At GrowthX Academy, we’re training modern marketers, entrepreneurial sales people and user experience designers to succeed in the innovation economy.
We license our proprietary curriculum to our clients and train them on the best practices to attract and develop top talent to close the innovation skills gap and drive robust job growth.
Students have access to our vast Silicon Valley network of mentors who’ve built and sold tech companies and helped shape the future of tech.
Sales & Business Development
“GrowthX Academy was one of the best decisions I’ve made! The academy helped transform my career and develop my network in SF. Thanks to GrowthX, I’m now working full time in sales operations. I feel motivated when I go to work, I enjoy the work I do, and I’m surrounded by an incredible group of people! I couldn’t be happier.”
Brittney Kerner • GrowthX Academy Alumni
Sales & Business Development
“Before GrowthX Academy I was really insecure about my skills and had lost my confidence after my last sales job. I knew where I wanted to be but not how to get there. Now I have reinstated my confidence and learned new skills that will be very beneficial to my career. As a result, I just started a job as the renaissance rep for a great company.”
Casey Schumacher • GrowthX Academy Alumni
“GrowthX Academy has been an awesome experience. It's a collaborative environment that is focused on relationships vs. impersonal pushing people through the system. There is an amazing level of expertise and mentorship available from people that intrinsically want to help you on a personal level and not just think of you as a metric.”
Jordan Lamb • GrowthX Academy Alumni
Case Study: Malaysia Digital Economy Corporation
Malaysia recognized that entrepreneurs were disconnected in houses around the country with no way to bring them together to invest and support them. Capital was not the problem. They needed an ecosystem, market development talent and know-how.
We developed a plan to build a sustainable, connected startup ecosystem, to help startups take their innovative technology to market and build companies of lasting value through predictable, profitable revenue and to train the workforce for jobs in the innovation economy.
"GrowthX is the perfect partner to help Malaysia succeed in the Innovation Economy! They helped us build a sustainable model to identify, invest in and help our top founders succeed, and together we launched GrowthX Academy in Kuala Lumpur to retrain and upskill our workforce."
Ganesh Banah • Malaysia Digital Economy Corporation