Comments Off on Cincinnati Startup Nugg-it Raises $250,000 For Audio Nuggets0LikeLike 2,451
A Cincinnati startup called Nugg-it has created a new wearable technology that insures you won’t miss those spoken nuggets of wisdom you or your friends may utter at any moment.
The device, called the Nugg-it is designed to record audio continuously from a wearable device on your wrist. When someone says something note worth you just click a button and it’s automatically saved. These “nuggets” will be uploaded to socia media and preserved to compliment the current methods of social media and make your social media life more immersive.
“When you look at the whole social media landscape and what people are doing, pictures and video are extremely well covered in terms of people creating their own personal content. Audio we see as not well covered, and we felt (nugg-it) had a very good feel for the moments that people want to capture through audio and an intriguing way to do it,” said Douglas Groh, CincyTech’s entrepreneur-in-residence told Cincinnati.com.
Nugg-it raised $100,000 from Cincy Tech and another $150,000 from Design 2 Matter (D2M), the Silicon Valley based company that has developed the product. Nugg-it is hoping to close a $600,000 round in all and it looks like they shouldn’t have any trouble.
Mike Sarow, a former brand manager for Proctor & Gamble and Matthew Dooley, the founder of Dooley Media are the co-founders of Nugg-it.
Comments Off on Funding Round Up Everywhere Else: batterii, Bluefields, Nomi, Club W 2/18/130LikeLike 6,011
batterii, Cincinnati OH $2.5 Million
batteri is a “co-creation” social network software platform. They recently raised $2.5 million dollars led by Cincinnati local private/public seed stage investor CincyTech. CincyTech contributed $500,000 to the round which included Los Angeles based investor Ken Salkin, batterii CEO Kevin Cummins and other unlisted individuals. The company reports that they have nearly a dozen clients. TechCrunch noticed that quotes from Nike, Crush Republic and ConAgra Foods were on their site. source TC
Bluefields, London England $1 Million
Bluefields is a social platform and management tool for recreational sports teams. The startup is originally from London and is an alumnus of both Seedcamp and 500 Startups. In addition to this latest one million dollar round, Bluefields just launched out of private beta.
During the private beta, TNW reports that there were over 60,000 sports teams players using the service.
Tony Hsieh’s VegasTechFund, Ballpark Ventures, Venrex, 500 startups and White Star Capital all participated in the round. Elliot Loh, Edward Wray, Christian Hernandez, Alicia Navarro, Chang Ng, Andy McLoughlin, Tim Fong, Richard Fearn, Andreas Koukorinis, Christian Lawless and Nathan Elstub all contributed as individuals. source TNW
Nomi, New York, $3 Million
Nomi is a retail “Experience Economy” startup helping to drive engagement for loyal retail customers, rather than having to race to the bottom in price wars. The company was founded by Marc Ferrentino who was formerly the Chief Technical Architect at SalesForce. Nomi takes relationship lessons borrowed from CRM and implements them in a real time environment that’s crucial to closing sales at retail cash registers.
Philadelphia’s First Round Capital led the $3 million dollar round with participation from Greycroft Partners, SV Angel, Forerunner Ventures, Ralph Mack, Dave Tisch, Andy Dunn (CEO, Bonobos), and Sam Decker (CEO, Mass Relevance and former CMO, Bazaarvoice).
Club W, Los Angeles $3.1M
Los Angeles based Club W claims that they are the “coolest wine club” . They are also the first company to offer a personalized and curated subscription model for wine. Their$3.1 million dollar round follows a $500,000 angel round closed this time last year. L.A’s Crosscut Ventures led the round.
“We look at wine and see a $34 billion annual market ripe for disruption,” says Adam Goldenberg, Venture Partner at Crosscut said in a statement. “Club W has great traction and a solid model. We realize we’re taking a contrarian position on eCommerce given the prevailing attitudes among venture capitalists but we’ll continue to bet on the early movers leading great teams in markets with huge potential.” source: bizjournals.com
Comments Off on Impulcity Flips The Switch Just Ahead Of Everywhereelse Conference0LikeLike 2,235
Impulcity, a Kentucky startup that relocated to Cincinnati for The Brandery last summer, has just launched to the public.
We’ve been tracking Impulcity since last June when co-founders, Hunter Hammonds and Austin Cameron were still working out the details of the concept. Over the course of The Brandery accelerator, and since their graduation last October, Hammonds and Cameron have iterated and iterated again to make sure they offer the best possible hybrid event discovery experience.
Sure their are event discovery startups popping up everywhere but Impulcity has paid close attention to all the details. The app provides a robust back end and access to events across the country, covered up with an eye popping UI that’s extremely easy to navigate.
Impulcity signed up to present at everywhereelse.co The Startup Conference early on and showed up alongside other Brandery graduates Crowd Hall, Brandery GM Mike Bott, and the companies former hustler, now Nibletz CEO and co-founder Nick Tippmann.
Just days before the conference Hammonds reached out to us to tell us that we would get a special treat as the app finally met his strict guidelines and was released in the iTunes App Store.
Over 2,000 people were on Impulcity’s email list and at launch Hammonds to the KyPost.com that they were seeing a new user every minute.
Cameron and Hammonds had to leave the conference early to insure their launch went smoothly back from their headquarters currently located at The Brandery. The startup has raised $400,000 to date and is looking to relocate into their own 1500 square foot space the KyPost reported.
Comments Off on Branding For Startups With Brandery GM Mike Bott At Everywhereelse.co The Startup Conference0LikeLike 4,482
Brandery GM Mike Bott is speaking on “Branding For Startups” at everywhereelse.co (photo: videonomics)
As we get into the home stretch before the largest startup conference in the U.S., everywhereelse.co The Startup Conference, we continue announcing more and more exciting news. Everywhereelse.co The Startup Conference is happening February 9-12th in downtown Memphis Tennessee and nearly 2000 people have already purchased tickets from all over the United States and around the world (in fact less than 15% actually zipcode to Tennessee).
The conference is offering unparalleled access to speakers, curriculum, information and networking for startups “everywhere else”.
Startups from “everywhere else”face many of the same challenges. One of those challenges is access to mentoring and information about branding.
Branding is what makes Cincinnati accelerator The Brandery one of the top accelerators in the country. While many people associate things like branding with New York City, Cincinnati is actually the epicenter for branding. It’s home to the largest branded company in the world Proctor & Gamble (P&G), Macy’s and Kroger are also based in Cincinnati.
The Brandery was founded by branding experts like Dave Knox of RockFish, and Rob MacDonald who’s father is the current CEO at P&G.
The Brandery’s General Manager is no stranger to branding either. Prior to joining The Brandery as General Manager, Mike Bott was a brand manager for one of P&G’s most widely known brands, Olay. It was under the supervision of Bott that country music sensation and American Idol, Carrie Underwood became the face of the brand.
Through the three month cohort based accelerator program, startups chosen to participate in The Brandery get access to branding experts like Bott and several others from Cincinnati and across the globe.
Bott will be participating in the Accelerator MD’s (Managing Director) panel highlighting accelerators from across the country on Monday afternoon. On Tuesday though he’ll be giving a lecture on branding for startups.
Attendees, and Startup Village startups will learn tips, tricks and best practices for starting to build the brand for your young startup. Bott’s lecture will feature the things he’s taught as GM at The Brandery and lectured about across the country. He’ll draw from his Brandery experiences and from his experience building brands at P&G.
This can’t miss lecture will be held in the main ball room on Tuesday morning at 11am.
You don’t want to miss out on Branding For Startups, or any of the other panels, lectures and discussions as part of everywhereelse.co The Startup Conference. There are currently less than 200 tickets remaining. There are also 9 startup village booths left which include 3 conference tickets, booth space and 3 different contests worth $50,000 in cash plus prizes.
This is one of the hottest startup tickets ever. You can get an attendee ticket or sign your startup up for the Startup Village below:
Comments Off on Cincinnati And The Brandery Featured In CNN’s Piece About Startup Communities0LikeLike 2,518
When we venture away from home (which is quite often), we’re sure that our regular readers know that Cincinnati is one of the thriving startup communities we like to visit. Cincinnati is home to The Brandery, the world’s first startup accelerator devoted to marketing and branding. They’re also home to Cincy Tech, Centrifuse and many other startup and entrepreneurial initiatives.
It’s no surprise than that Cincinnati was named as one of the six cities “where startups thrive” according to CNN. Earlier this morning we brought you the story about Music City USA (Nashville) also receiving the same honor.
Cincinnati’s back story is a bit different than being home to the legends of country music. Cincinnati is home to one of, if not the, biggest branded company in the world, Proctor & Gamble. One thing that many startup communities struggle with is getting their patriarchs, or “blue bloods” to participate in the new, somewhat risky, startup community.
Proctor & Gamble is “all in” with Cincinnati’s tech and startup community. The son of the consumer giants CEO Robert MacDonald, Rob MacDonald, is one of the founders of The Brandery. The Brandery pulls several mentors from the ranks of the Proctor & Gamble world headquarters and also works hand in hand with some of their biggest marketing partners to give their portfolio companies a boost.
What’s better than that though is that The Brandery, along with Cincy Tech and the collaborative effort, Cintrifuse, host regular classes, workshops and talks aimed at the young and up and coming entrepreneurs in the city. Anything from bringing your product to market, to designing the best business plan, is constantly taught and retaught for the Cincy startup community, and most of these activities cost little to no money.
Innovation comes in many forms in Cincinnati
When you look at most startup accelerator cohorts you can strip the current classes startup names, and find that you have similar classes throughout the country. You have your photo app, your video app, your event sharing app, your collaboration platform, one or two hard goods and something social. Startups in Cincinnati push the envelope and break the box apart.
Take ChoreMonster for instance. This standout startup from the first Brandery class, is the “big brother” startup at the Brandery. Their founders are constantly mentoring, coaching and helping other startups. Their idea though? Chore management for kids with an uber friendly, monster theme. Does it work? My five year old daughter does chores like nobody’s business, I just need to get her mother on the program now. ChoreMonster has already raised over a million dollars in venture capital and their official product isn’t even out of the gate.
A startup made out of a team of teenage, ivy league dropouts, called “FlightCar” is picking up major traction including a recent feature on TechCrunch.com. Their idea is to facilitate peer to peer car lending at airports. If you’re going on a week long vacation, why pay to park when someone else can pay you to use your car. The three founders behind the startup, have never rented a car in their lives, but they were able to work out the insurance kinks and now have a viable product and testing in two major airports.
Venturing outside of the Brandery’s “Over The Rhine” walls you’ll find startups like CapStory and CoupSmart. The young founders of CapStory are looking to restore the sanctity once found with Facebook. Even at just 20, they know the risks involved in that beer bong shot posted to your Facebook page. Their startup is hoping to give college students the ability to share those memories without their future boss seeing them.
Coupsmart is an engagement platform that’s taking all those likes and fans from social media and really turning them into revenue. An idea that’s on the minds of marketers around the world.
With this kind of startup community flourishing in Cincinnati it’s no wonder that they were selected by CNN as one of the cities where “startups thrive”.
Comments Off on A Travel Startup For The Young Sexy & Broke NY Startup: Off Track Planet0LikeLike 2,959
Brooklyn based entrepreneur Freddie Pikovsky is no stranger to startups. Pikovsky is the founder of Brooklyn’s Dumbo Startup Labs, a hot spot for entrepreneurial and startup activity in Brooklyn. In fact our good friends at Justdecide.com work out of Dumbo Startup Labs.
In a true testament to the power of The Brandery startup accelerator in Cincinnati, Pikovsky, who could have easily gotten his latest startup into any incubator or accelerator in the New York region, applied to, and got accepted at, The Brandery. It was The Brandery’s focus on marketing and branding that Pikovsky was hoping would help shape Off Track Planet. It’s apparent that his decision to take a 3 months sabbatical from Dumbo Startup Labs and head to Cincinnati paid off.
Off Track Planet, in it’s 1.0 form, had already attracted the attention of young, broke, millennials who loved to travel. Pikovsky knows this market well. In fact he worked alongside Diego Saez Gil, founder of inbed.me which for politically correct reasons became wehostels. Pikovsky ventured out on his own with Off Track Planet to target a different segment of the $108 billion dollar a year travel industry.
Off Track Planet targets the millennial generation by offering great content on the best places to travel to, affordable things to do, even great swag and gadget ideas for the millennial traveler.
“In order to change the world, we must see the world first. The new Off Track Planet makes it easier to explore, plan, share, and experience the world in a way that makes sense to our generation.” Pikovsky said in a statement.
In addition to a relaunch of the Off Track Planet online offering, Pikovsky has added a traditional print magazine and has also written a book that will be available at Urban Outfitters. The attraction to the millennial traveler is definitely there. In his introduction of Off Track Planet at the Brandery Demo Day, OTP Mentor and DFJ Mercury Managing Director, Blair Garrou said:
“Off Track Planet is not for the 80 million baby boomers but for the 80 million millennials.”
Check out Pikovsky’s pitch video below from The Brandery’s Demo Day:
So back in July when we heard the original idea behind FlightCar I thought this group of teenage ivy league dropouts was absolutely crazy. Their Cincinnati startup FlightCar is a crazy idea. Their simplest pitch, “let someone else rent your car while you’re traveling” seemed a little far fetched. Combine that with the fact that there’s maybe 10 years driving experience between the three of them and even less business traveling experience, and I was totally disconnected.
Sometime during Wednesday’s demo day for the Brandery though my opinion totally changed.
There are hundreds of thousands of rental cars available at just the top 30 airports in the United States. There’s also hundreds of thousands of cars that sit in long term parking lots at those same airports. FlightCar solves this problem.
Using the FlightCar platform somebody about to go on a trip can sign up to rent their car for the rate they want and the mileage they’ll allow. They indicate what time the car will be available and what time it will need to be back by. When they arrive at one of Flight Car’s satellite parking lots they are greeted by a friendly FlightCar team member who takes their keys and their car. FlightCar then cleans the car and waits for the renter.
The renter checks the FlightCar website and can see what’s available by kind of car, time available, mileage allotment and price. Because this is a peer to peer sharing product there is much more variety in the cars available than your standard 5 model rental car lot. Did we mention this is also a lot cheaper.
FlightCar rentees keep 65% of the cost of the rental after taxes and fees, so rather than spending money on long term parking they’ll make money off the rental itself.
FlightCar is beta testing in Cincinnati and plans to bring San Jose and Oakland online in the next month.
As a very frequent business traveler my biggest concern was what if I rent my car out using FlightCar and when I get back from my trip the car is not back yet, or worse in an accident.
On the accident side, FlightCar has a million dollar insurance policy on each vehicle. They’ve secured this policy through the only insurance company currently insuring peer-to-peer car rental companies. Not only that but they have secured a deal with their insurance company that prohibits that company from insuring a competitor. That’s something investors will love.
On the pure timing side, the FlightCar guys said customer service is of the utmost importance to them. Their lot attendants will have the authority to give you another rental until your car comes back or get you a ride to wherever you need to go, and then bring your car to you.
See what this amazing trio of young entrepreneurs has cooked up in their pitch video below. They are currently raising $850,000 and have $200,000 committed. They should have no problem raising the entire round, and quickly.
The Brandery, Cincinnati’s branding and marketing tech startup accelerator, held demo day on Wednesday at the Great American Ball Park. They showed off 11 new graduate startups to a packed house of nearly 400.
REPP was one of the startups we actually missed on our last trip to Cincinnati at the end of June. What we saw, was a team that knew how to dress in some awesome hot pink pants. After getting over their keen sense of fashion, REPP is actually a great new spin on a variety of old ideas rolled into one.
Have you ever met a girl that you tried to date, but a year to make love she wanted you to wait… oh wait that’s a song lyric. Have you ever met a girl that you tried to date and after she stood you up you found out she “pre date stalked you”? Well that’s exactly what happen to REPP founder Michael Bergman, when he actually met his now wife. Luckily for Bergman he’s got a pretty popular name. In fact, Chris Bergman, the founder of Chore Monster (which is a previous graduate of The Brandery) isn’t even related to Michael.
So sure we internet stalk everyone now. The first thing I do when I get a new business card or meet someone at a conference I find intriguing is go right to good ole Google. The problem with that in the dating world is that there is a lot of stuff out there that may be better suitable after a few dates.
Now take a situation at the complete other end of the spectrum. It’s time to sell your iPhone 4s on Craigslist. Now this is a hot item and you may want to know a little bit more about the man who just pulled up to a panel van and appears to be packing a pistol in his sweatshirt.
In both of these cases you want more information about someone. If you were the someone in question, with REPP at myrepp.com, you can control that flow of information.
REPP aggregates your social graph and can even integrate a background check into a profile that you can give people access to. You can also control how much information is given out in that profile.
You may want the ladies to know a little more information than the guy you’re buying the stolen Xbox from. Nonetheless both the Craigslist seller and the nice young lady would be more comfortable with more information about you.
So REPP is a background profile platform. With it’s wide variety of customizations and it’s great variety of information sources, REPP stands apart from anything else in it’s space. REPP costs $9.99 per month but for that you get a whole lot more than any other similar service. Also, the person that wants to meet you or wants to do business with you doesn’t have to foot the bill. To make that $9.99 an even better value proposition, REPP has a way to gift subscriptions of their service to other potential users.
Watch Bergman’s Demo Day pitch below. After you get over their hot pants, you’ll see why REPP won’t ruin your REPP.
Comments Off on Brandery Demo Day: Utah Startup CrowdHall PITCH VIDEO0LikeLike 2,385
We’ve really liked CrowHall even before we found out they were going to be part of the 2012 class at the Brandery. Their platform is a great way to let celebrities, public figures, politicians, bloggers and micro celebrities respond and interact with their following in a clean, branded manner that’s both organized and archivable.
The premise for the idea is great and they’ve been testing out the platform and in July they did a public test with “Bachelorette” winner Jef Holm. Holm sent out one tweet the day before the test saying that he would be taking questions on CrowdHall. He didn’t include a link to the site or the secret page that would hold his CrowdHall forum, but his fans were relentless, they went to the CrowdHall site, and founder the private page. The end result was that when Holm logged in for his CrowdHall session during the test he already had 29 questions waiting for him.
COO and co-founder Jordan Menzel pitched today at The Brandery’s Demo day at the Great American Ball Park. Menzel was decked out in a yellow t-shirt and cutoff shorts which they explained before the pitch was a “cost cutting measure”. While they have money committed they used all of the seed money working on validating their concept, and buying caffeine for their developer Nick.
The product looks great and hopefully it will be a household word in the 2016 election. Check out the pitch video below:
We are one week away from seeing the 2012 class at The Brandery accelerator in Cincinnati. The Brandery is a top 10 accelerator and focuses on branding and marketing. They’ve attracted hundreds of applications from across the globe for each of their last three sessions.
While The Brandery follows a co-hort accelerator model, as well as the Global Accelerator model, what sets them apart is their focus on branding and marketing. Being situated in Cincinnati Ohio puts them at ground zero for one of the biggest branded companies in the world Proctor & Gamble (P&G). P&G’s influence can be found within the walls of the Brandery. General Manager, Mike Bott, came to the Brandery after a successful stint as brand manager for Olay and other P&G brands. P&G’s roots don’t stop there, Brandery Co-Founder Rob McDonald is the son of the current CEO at P&G Robert McDonald. The younger McDonald is a lawyer at Taft during the day though.
The Brandery pulls from other marketing resources as well. Take co-founder Dave Knox for instance, Knox is the Chief Marketing Officer at Rock Fish a digital agency with a laundry list of clients that are household names. PF Chiangs, Sam’s Club, Bunn, and White Cloud are just a few of the brands that trust RockFish for their creative needs.
The Brandery is a hard core accelerator. There’s no working part time and participating at The Brandery. We spent five days with The Brandery founders and the staff in Cincinnati’s Over The Rhine neighborhood earlier this summer. There was a constant swarm of activity in the bullpen where each startup has desk space and white boards. There was also class after class in The Brandery’s second floor class room. Folks come from all over the country to talk with The Brandery’s startups and even skype in for lectures.
Some of The Brandery’s startups from this class had pivoted by the time we went to visit in August, others have pivoted again as they got closer to demo day. Even startup evangelist Nick Tippmann found himself changing teams with less than two months to go. No matter what way you look at it, next week’s demo day is shaping up to be an eventful one.
“We’re pumped to showcase our companies on Demo Day. They have done a fantastic job leveraging the relationships and partnerships in Cincinnati and our broader national network to refine and validate their businesses. Its awesome that the Cincinnati and Brandery communities are working together to build something special” Bott told nibletz.com
From what we’ve heard on our visit to Cincinnati McDonald gets more and more excited every year. In addition to helping teams with legal issues, McDonald gets out in the community with the Brandery teams every chance he gets including festivals, events and even Reds games. The Brandery teams were also major parts of Startup Weekend Cincinnati over the summer. McDonald, Knox, Bott and many of the teams founders were on hand throughout the weekend to provide mentorship and guidance. In fact Austin Hackett, the founder of Crowd Hall (A 2012 Brandery Company) pitched his own startup on startup weekend, the one that actually looked most complete.
Accelerators are intense and sometimes a bit insane. Gut checks at an accelerator happen often and pivots are inevitable. Greg Svitak and Kurt Pettit from Cleveland Ohio entered The Brandery with a startup called Flock’d. The premise for the idea was good, they wanted to do “swarm” like deals at night clubs and bars. Pettit explained to us that the idea was abandoned because every municipality in the country has their own liquor advertising laws which made a nationwide app in that space all but impossible.
Svitak and Pettit regrouped and developed AndTix which is a ticket selling platform for major sporting events. Neither man is any stranger to startups. Pettit has been a designer that’s done startup work for years. Svitak was one of the organizers for the 2012 startup bus to SXSW. After wrestling with the ticketing idea for a little over a week, they regrouped again and plan to show off a great concept in ticketing next week.
26 year old Andy Zhang from Seattle Washington went into The Brandery with a concept called Fly Dutch which according to Angellist matched starutps and investors. Zhang, who is a trained lawyer among other things, actually pivoted FlyDutch into “woowhoo! online dating for the offline type”. His startup boasts no messaging, no surveys and no work. Could it be Pinterest for dating?
One of the teams we’ve seen as a standout since before this session at The Brandery started is Salt Lake City based CrowdHall. CrowdHall is a platform where celebrities, politicians, micro-celebrities, bloggers and others can communicate with their audience in a voting up and down question asking forum. Back in July they tested the platform with Bachelorette winner Jeff Holm. CrowdHall is the perfect platform for elections and online town hall meetings.
Co-Founder Jordan Menzel admitted that CrowdHall would be perfect for the Presidential Election, but the timing may be off. CrowdHall has stayed the course from entry to demo day and will reveal a polished, ready to go product that nestles nicely into it’s own space. We’re pretty sure that over the next few years and then again into the next election cycle CrowdHall will become a household name.
Our other standout team from this years session at The Brandery is Impulcity. We’ve covered Impulcity since before they were even selected for The Brandery. This Louisville startup is offering up a new way to find events in any area. They have hundreds of thousands of events organized and delivered into an app that has a slick and visually appealing UI and a feature set that includes the ability to share events, follow events, and add to an events wall.
CEO and Co-Founder Hunter Hammonds is putting his all into Impulcity. In July they had a full featured, working beta, in fact we were in the beta test. There really was nothing else like it available in any app store or market. Impulcity was able to find and recommend events based on location, likes and other algorithms and deliver them with great visuals and the information an end user needed to make a decision about what to do.
Impulcity may have been perfect to a lot of people’s standards however with just under a month to go Hammonds blew up the whole thing and started over from scratch. They took a lot of beta testers feedback and iterated to the product that will released next week.
The stylish Jay Finch came to Cincinnati and The Brandery from New York, with his offline-online crowdfunding hybrid, SockStock. The concept takes businesses in need of funding and allows patrons to micro-crowdfund projects at the businesses they frequent via Finch’s platform. Finch has already made inroads in Cincinnati with the Carol Ann and Ralph V Haile Jr /US Bank Foundation who are referring their creative entrepreneurs and artisans to SockStock to raise money for their own projects to grow their companies. Finch plans on staying in Cincinnati after demo day to further the SockStock platform.
We’re expecting great things from the 11 teams at The Brandery this year when demo day rolls around next week.
Comments Off on Austin Startup: Lumos Pharma To Develop & Prepare Autism Treatment Discovered In Cincinnati0LikeLike 2,502
There may be some great news for parents of Autistic boys in the coming years.
A research team at the University of Cincinnati has announced that they’ve successfully treated an animal model of Creatine Transporter Deficiency (CTD). CTD is what causes Autism in boys. Over 50,000 boys in the US are afflicted with CTD.
Creatine Transporter Deficiency causes symptoms including seizures, mental retardation and speech defects.
CTD was discovered at Children’s Hospital in Cincinnati in 2000. Almost all of the research on CTD has been performed at Children’s Hospital and at the University of Cincinnati.
This is actually a wonderful, tremendous Cincinnati-centric story,” Joe Clark the UC Neurology Professor who led the research team said to newsrecord.org.. “The disease was discovered at Children’s Hospital, the animal model of the disease was made here in Cincinnati by UC, and the drug was made to treat those mice here at Cincinnati.”
The research team found that cyclocreatine, which has been dubbed CincY, has been incredibly effective at reducing the symptoms of CTD models in animals.
Clark reported that the time from discovery in 2000 to the discovery of this possible treatment in just twelve years was actually a rather short time frame. While this work has been done on animals, it may be another two to three years befor CincY can be used to treat humans.
Clark is quick to point out that this is just a treatment for the disease and not a cure.
“Essentially, a cure is fixing a broken pipe at the break, and a treatment is making a bypass around the afflicted area without fixing it, but in a manner that eliminates the symptoms” Clark said.
In Brad Feld’s column in Business Insider this morning he talked about the Orbotix team, Adam Wilson and Ian Bernstein. They’re the two guys behind that crazy little ball we all grew to know and love at Thedroidguy offices as The Sphero. Feld was holding office hours during the 2010 Boulder TechStars program at a pivotal point for the ball. In fact, without Feld’s interaction with Wilson and Bernstein there may have never been a ball.
We first saw the Sphero Ball at Show Stoppers at CES in 2011, a year before almost everyone else saw the ball. You could control the ball with your smartphone and make it dance across the floor. It was right then and there that Russell Holly, a colleague of mine, and I, saw the true potential for the ball. Without any prompting we entered into a conversation with the founders about crazy cat toys, virtual golf, obstacle courses, virtual bowling and a slew of other things that would come to fruition in the following 18 months.
So how did it almost, not happen?
Well Bernstein and Wilson went through what feld called “Mentor Whiplash”. We’ve seen it happen at many accelerators across the country, the accelerator pivot.
From Feld’s account at SAI, Wilson and Bernstein sat down to meet with Feld and looked like whipped puppies. Their fire was gone from Feld’s previous visits with the duo.They had three slides on the table and Feld wanted to hear the ideas. Both Bernstein and WIlson were self-proclaimed robot geeks, and hackers and loved working with robotics all hours of the night.
As Feld tells it in his SAI column, the first idea was a door lock that unlocked with a smartphone. The second idea it seems no one could remember, and the third idea was the robotic ball. Problem is, there was no market for a robotic ball,no way to scale a robotic ball and it just seemed like a fun toy. Feld encouraged Wilson and Bernstein to go for it.
Bernstein, Wilson and heck Feld aren’t alone when it comes to pivoting in the accelerator. In fact, pivoting in the acce
lerator is justpart of the process. Top ranked Cincinnati accelerator, The Brandery, co-founder Dave Knox told us:
“In the early days of a startup, a company is searching to find a business model that resonates with consumers and can scale. This search can lead to subtle changes in their direction or at times a complete course correction that we often call a pivot. It is a process we have seen several times at the accelerator stage at The Brandery. At an accelerator, startups are put into the spotlight with their peer companies, mentors and potential investors. This leads to a quick determination if their startup is going to have what it takes to make it.”
“A great example of a pivot during the accelerator was Michael Wohlschlaeger in 2011. He came into The Brandery with a company called Meruni that was a data aggregation and analytics play. At The Brandery he found that the original business model was flawed but there was a segment of consumers in fashion that were incredibly interested in parts of the plan. He pivoted the company to StyleZen, focusing entirely on that fashion market opportunity. And while the pivot happened only 4 weeks before Demo Day, it ultimately led Michael and his team to raise a seed round from the venture firm CincyTech.”
Wohlschlaeger added:
“StyleZen started as Shoptimize, an automated, smart grocery list solution. The link between Shoptimize and StyleZen was harnessing the power of consumer data to build compelling solutions for the consumer (as opposed to just the brands and retailers). StyleZen is a personalize fashion discovery platform (truly “me-commerce) that learns a consumers preferences and distills the fashion universe down to a personalized, consumable level. ”
In Memphis Tennessee at the Seed Hatchery accelerator, Work For Pie pivoted from a website that was looking to link founders to technical co-founders, to an all out social network for open source developers. In fact, the name Work For Pie came from that idea where they would link founders together who would of course work for equity instead of pay (well at least by design). When the concept changed the name remained the same and they quickly took off getting a $300,000 add on funding round led by Solidus.
As for the little robotic ball. After making it’s debut at CES 2011 it was prominently featured at SXSW 2011 and Google I/O 2011 where the Sphero ball was a main attraction at the Google playground. The balls officially went on sale right before the holidays last year and are still selling like hotcakes, or like must have robotic balls controlled by your smartphone.
Check out the Sphero Ball rocking it at Google IO 2011 (1:30 in or so)
The Sphero ball also caught the attention of one Barrack Obama back in April. The President even got a little snippy with passerbys while he was trying to play with the Sphero Ball telling them “Excuse me- give me some space to drive my ball”.
Loyalty, rewards, couponing, it’s definitely a crowded space. Cincinnati startup CoupSmart says that it’s only crowded from indirect competitors. While many startups in the loyalty, rewards and couponing space offer help with engagement on social networks, CoupSmart says they deliver fans into revenue on and offline time and time again.
The startup, led by founder and CEO Blake Shipley says they’re all about the ROI. They don’t waste time building un-measurable campaigns or throwing coupons and offers around like water. Shipley knows how ineffective an actual coupon can be when looking for actual customer data.
In our interview below Shipley talks about how coupons are sorted by hand time and time again before they’re even shipped off for redemption. He experienced this first hand when he worked as an internal auditor at The Kroger Company’s Cincinnati headquarters. That’s what sparked his idea to create a better coupon platform.
We don’t need to tell you how crowded the space is and that everyone in the loyalty, reward and coupon space thinks they have the next biggest thing, but focusing on actual ROI will definitely perk the ears of hopeful clients.
One of the biggest complaints about loss leader Groupon is their ability to convert one time users into repeat users and effectively increase the businesses ROI. Many companies that have gone with the Groupon and Living Social model have lost their asses in margin just to get new customers in the door one time.
Whether it’s rewards programs, coupon programs or loyalty programs, someone is going to eventually break through the space with a platform or product that actual saves customers a decent amount of money, gets customers returning for more visits, and gets business owners the information they need.
Is CoupSmart that startup? Check out our interview below.
We’re not sure if the judges conceptually understood the concept behind Startup Weekend Cincinnati startup Bringmesomefood.com . The idea is simple, it helps party and event organizers keep track of attendees, themes and who’s bringing what. It’s the ultimate potluck platform.
Potluck has surged in popularity over the last few years s the economy has suffered. People love to go to parties whether times are good or bad. Presumably parties and social gatherings are a way to break away from the ups and downs of everyday life and a way to make people feel good.
Potluck events make it easier for the host or hostess to have a better party.
The problem with Potluck is typically people have no idea what to bring. Also, no one really keeps track of the potluck list as well as they should. Then, what ultimately ends up happening is the party is inundated with ice, red solo cups and chips.
Using bringmesomefood.com party organizers can keep up with who has RSVP’d for the party and who hasn’t. They can also pick a theme for the party and then Bringmesomefood.com will curate a menu based on what is typically served at whatever theme the party is. A tailgate party for instance will call for hamburgers and hotdogs. A toga party may call for gyro’s and baklava. Who knows? Bringmesomefood does.
Bringmesomefood, pulls from some of the best restaurant API’s to come up with great menus. It then assigns dishes to the guests attending the event and can supply those guests with the recipes for their dish.
Bringmesomefood also tracks attendance so when it gets closer to the event you can prepare the right amount of food. You don’t want to prepare a small bowl of potato salad for a party of 100 and you don’t want to prepare 100 brownies for a group of 10. Bringmesomefood keeps up with all that for you.
During their final pitch on Sunday the judges asked the Bringmesomefood team why one of the major event sites like PlanCast, eventbrite and e-vite.com couldn’t just incorporate that system into their existing system, which was a sharp indicator that they may not have understood the robustness of the concept. You can see for yourself in the pitch video below, the startup was explained well and hopefully will move forward into development.
Kyle
A Cincinnati startup called Nugg-it has created a new wearable technology that insures you won’t miss those spoken nuggets of wisdom you or your friends may utter at any moment.
