Cincinnati area, UpTech is a rather new accelerator. It was formed in January of 2012 and they’ve been working diligently over the past 5 months to build their business, their space and solidify their inaugural round of startups. Each of the 8 startups selected will receive an investment of $100,000, along with mentorship, support services and research assistance from Northern Kentucky University.
“We are thrilled to finally announce to our region UpTech’s first round of winners,” said Bill Scheyer, President of Vision 2015 and an UpTech co-founder. “Our ultimate goal is to fund 50 of the best and brightest early-stage informatics companies from the United States and abroad. These eight companies will complement the foundation of a growing informatics cluster in our region, an important business sector in a 21st-century economy.”
The contest was judged by a panel of business analysts, executives and investment experts from companies like CBS, Dell, Proctor & Gamble and more.
Some of the ideas the selected startup companies are working with are untapped markets.
7 Moose games, founded by Brett Carter and Susie D. Roth, specializes in the gamification of complex and sometimes dangerous business training simulations. For example they may produce vide game style training modules for the public safety sector that could include fire safety, or even hostage negotiations. They also have had interest from oil and gas companies that can’t provide real world training on some of the more risky aspects of their industries.
Our goal is to use game engine technology to create extremely effective simulations which illustrate inherently complicated and/or dangerous subjects,” the company said in its UpTech application. “Oil and gas, public service and health, armed forces and game industry professionals are a few examples of the industries which have expressed interest in our products.”
Citilogics, founded by Jim Uber and Stu Hopper, is developing realtime data fusion software for water utilities. Their software will help reduce energy costs, reduce water leakage, improve service reliability and the quality of tap water.
Founder Jim Uber has had twenty years of experience in the water industry including developing water security software and a multi-species water quality simulation package.
“We develop models, analytics and software that help our clients better operate and manage their large-scale urban water infrastructure investments, and deliver a wide range of services from complex engineering and data analyses, to full functional software custom software solutions,” the company said in its UpTech application. “Our current focus is data fusion software that will revolutionize efficiency and effectiveness in the water industry by reducing energy costs, controlling leakage, improving service reliability and enhancing water quality.”
More after the break
Read More…
Kyle
New York startup GiftSimple won the Best Social Startup award at the recent New York Tech Day. The woman owned startup is a crowdfunding gift registry startup.
