VIRGINIA BEACH, Va. — Axis Global Enterprises, Inc. was among 12 companies chosen to benefit from the Domestic Markets Expansion Program.
No state is more reliant on Department of Defense funding than Virginia. GENEDGE worked with the Governor’s office to design and implement the Virginia Domestic Markets Expansion Program (DMEP), which helps Virginia companies expand their businesses by diversifying into non-defense-related areas. For those companies that qualify and are accepted into the program, DMEP provides specific and targeted services to each individual company to help them enter new markets, develop new products and utilize new market channels to grow their business. This selective program has been offered by GENEDGE over the last two years, serving over 120 DOD supply chain companies, and helping 45 of them create and implement strategies to diversify and grow their businesses through innovative commercial offerings.
In its third year, the program is funded to assist 12 companies that previously benefited from DMEP services continue their commercialization efforts. This new approach enables the program to help each company grow by accelerating the execution of strategic initiatives to firmly diversify their business and help build the New Virginia Economy.
Twenty companies participated in a competitive selection process based on evaluation of their business case for a new, specific business opportunity. The selection panel consisted of 5 members of the GENEDGE Board of Trustees. All companies did a great job of presenting excellent opportunities – making the funding decision extremely competitive. We are pleased to announce that Axis Global Enterprises, Inc. was selected to receive funding to further their commercialization efforts.
Axis Global Enterprises, Inc. is a SWaM, SBA 8a, Service-Disabled Veteran-Owned Small Business (SDVOSB) located in Virginia Beach, Va. They provide various solutions for their clients to include full-service general contracting, construction management, full electronic security and fire integration solutions throughout the United States.
The Mobile Integrated Security Trailer, or M.I.S.T., is a new product that Axis Global Enterprises, Inc. is introducing. M.I.S.T. resolves an issue that has been present with jobsites and event venues regarding security challenges and limitations. This product is unique in that it does not require electricity and is powered by solar panels. This device is also extremely mobile and eliminates the need for mount cameras and required equipment for mounting. A major benefit is that M.I.S.T. allows companies to secure their areas as soon as they begin working at the location which ultimately reduces loss.
CONTACT:
Mindy Priddy
(276) 666-8890 ext. 227
mpriddy@genedge.org
