Kyle
A new startup accelerator/incubator has announced it’s freshman class. They have 7 startups in this first round, that were selected out of hundreds of applications. According to FoxBusiness, the 7 startups were chosen by their peers, founders of startups themselves.
Catapult Chicago will furnish very reduced rate office and common space, access to resources and mentors as well as equipment and other services that startups need. The seven companies in the first class will also work in a collaborative setting so that they can bounce ideas off of other founders in like minded situations.
The first seven companies have a six month tenancy with the option to renew at the end of the period.
“We interviewed over 100 companies and the caliber of the new startups speaks well of our peer- selection model,”Catapult Chicago Co-Founder Ryan Leavitt told Fox Business. “These companies will add to the spirit at Catapult which, in many ways, acts as one collective startup with 12 different business lines.”
The startups in the freshman class at Catapult Chicago have good pedigrees as well. Mixed in the bunch are graduates of Chicago’s own Excelerate Labs, Techstars Cloud in San Antonio, and BluePrint Health in New York.
Here’s the class:
Dabble, a platform for users to sell in person classes for $20 with a wide range of curriculum available.
Buzz Referrals a marketing promotion platform.
Bucketfeet, an artist designed footwear company.
Kula, a peer to peer mobile market place.
Shiftgig a networking site for the service industry
Temp a Big Data startup.
Precured Health, a Health 2.0 startup that helps hospitals discover and evaluate medical devices.
While a lot of the attention in the Chicago incubator/accelerator scene has been on 1871, Catapult Chicago is a welcomed piece of Chicago’s thriving tech scene. They occupy 12,000 square feet of Class A office space in the River North Area which is the focal point of Chicago’s startup scene.
Linkage:
Find out more about Catapult Chicago here
Source: Fox Business
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