ARLINGTON, Va. — SYNEXXUS 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 SYNEXXUS was selected to receive funding to further their commercialization efforts.
SYNEXXUS was founded in 2006 and is based out of Arlington, Va. They are a Service-Disabled Veteran-Owned Small Business (SDVOSB). The company’s primary focuses are on providing engineering services and first-rate computing products and displays to the armed forces, intelligence communities and commercial markets.
Their new product, the Integrated Multi-Sensor LED Streetlight Control Node, features the capability of connection and control of LED streetlights, sensors and technologies that are connected over the same network. A highlight of this opportunity is the result of smart lights and implementation by cities help to resolve problems posed by energy, carbon emission, operational efficiency and safety.
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