Drive Capital’s Mark Kvamme: Brandery Is One Of The Best Accelerators Outside SV

The Brandery, Mark Kvamme, Drive Capital, Cincinnati startups, accelerator

Mark Kvamme, Co-founder and Partner at Drive Capital and a former partner at Sequoia, is high on startups and entrepreneurs outside of Silicon Valley. Kvamme, a life long Valley guy, moved out to Columbus, Ohio, to start Drive Capital and help spur innovation “everywhere else”.

Appearing on a panel Wednesday afternoon at the Southland conference in Nashville, Tennessee, Kvamme defended the hustle outside of Silicon Valley.

“I know people here in Nashville, I know people in the midwest that I think actually work harder than Silicon Valley people. Because Silicon Valley people are all into the appearance of what I’m doing versus actually getting down and “gettin’ ‘er done,” Kvamme said in response to a question from panel moderator and Solidus Partner Vic Gatto.

Gatto had eluded to the fact that he feels that some entrepreneurs in the Southeast don’t hustle the way people in the Valley do because there is no competition.

Through Solidus, Gatto funds multiple accelerators in Tennessee including Nashville’s Jumpstart Foundry and Memphis’ Seed Hatchery. Earlier in the discussion Gatto had brought up accelerators so Kvamme took the opportunity to talk about one accelerator in particular: the Brandery.

Most Nibletz readers know that our co-founder Nick Tippmann has been through the Brandery with two different startups, and we work out of the Brandery facility in Over The Rhine when we’re in Cincinnati.

During the panel Kvamme spoke very highly of the Brandery calling it “one of the best accelerators outside Silicon Valley,” in effect putting The Brandery in league with Techstars and MassChallenge.

Kvamme said he just funded a company out of The Brandery, as did Khosla and Tony Hsieh. He goes on to say that the Brandery is successful because of the ecosystem that surrounds it, and that the ecosystem could be replicated in Nashville and pretty much everywhere.  Check out the video clip below:

 


We’ve been tracking The Brandery, and their companies, heavily over the last two years. Check out more of our Brandery coverage here.

Here’s more from Southland.

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Indiana Couple Pitches Their Startup, Boosterville, At Seed Hatchery Demo Day

boostervilleAttracting great talent to an accelerator that doesn’t have the name Techstars or YCombinator in it can be a difficult task. Attracting great talent that’s already had success in the startup space can be even more daunting. That’s what happened in the case of Indiana startup Boosterville.

I actually met Pam Cooper the CEO and co-founder of Boosterville, while it was still called Sodbuster, on Brad Feld’s Hacker News alternative site, the startup hub. Pam and I quickly became friends. It was then I learned that she was a little more “seasoned” than other founders, having started a very successful small business in Indiana. Her quick wit and thought provoking questions made it easy to interact with her on an online platform.

Pam decided that despite a failed attempt at Indianapolis startup conference “Powder Keg” her and her co-founder/CTO husband, Tom Cooper, would make the trek to Memphis for everywhereelse.co The Startup Conference. At the same time we were accepting applications for Seed Hatchery and I quickly introduced her to the organizations leader, Eric Mathews, and they got in.

We learned through the vetting process that Tom was actually the founding CTO of question and answer site Cha-Cha. He also has a long resume of engineering work at several successful startups and companies. The Cooper’s have done well. They’ve got kids in college, a rather large home in Indiana, oh and Tom has his own plane as well. So why come all the way to Memphis for an accelerator?Great question, the answer: For the accelerator.

From day one both Pam and Tom dove head first into the curriculum, learning, sharing and development that is offered through the Seed Hatchery program.  They took criticism like the best of them, often times from leaders and mentors that didn’t have even a fraction of the startup experience that Tom had. Both Cooper’s have said over and over again how much they’ve learned here in Memphis.

“I really didn’t know what to expect, so we went for it and Seed Hatchery was the best thing we’ve done for our company” Tom told us in an interview.

During the accelerator the coopers went through a name change, a huge pivot and even worked hand in hand with MBA students for discovery, and to help refine their product.

Boosterville combines digital wallet with loyalty and rewards and all for the benefit of schools and non profits. Using Dwolla, another midwest startup, as their mobile wallet conduit, users sign up for a school they want to donate to. From there they can see a list of merchants in their community that use the Boosterville platform. When they make a purchase at one of the establishments in the program, they check out using their phone, the merchant gets paid, the school gets a donation and Boosterville takes a small cut.

“Putting children who are now grown, through school I’ve seen my share of wrapping paper and World’s Finest Chocolate Bars”, Pam loves to tell anyone who will listen. Of course we all agree.

The company is a great mesh of Pam’s community minded nature and business savvy, with Tom’s over three decades of programming experience.

What’s next for Boosterville, well while Tom has an open invitation to return full time to his engineering job in Indiana, they are going to continue to raise money and bring Boosterville to live.

Check out their investor day pitch video below:


 

Find out more about Boosterville here at boosterville.com

We’ve got more Seed Hatchery coverage here. 

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Nashville’s Jumpstart Foundry Announces Summer 2013 Class

Jumpstart Foundry,Accelerator,Nashville startup,startupsWe told you today was going to be a big day for summer startup accelerator classes. Earlier today we reported on Memphis’ highly successful medical device accelerator Zeroto510 and their summer class. Before that we reported on Techstars Boulder class for summer 2013.

Now we turn to Nashville Tennessee and the Jumpstart Foundry. This startup accelerator offers an intense program in Music City USA, that will “graduate” during the summer. Last year there were three startup accelerator demo days in Tennessee in the month of August. Gigtank, Zeroto510 and Jumpstart Foundry all had cohorts conclude their program and pitch at demo/investor day, in a succession of Thursdays.

Jumpstart Foundry supports it’s cohort with over 125 mentors and an intense program. Also as an added bonus, midway through the program the cohort will move to Nashville’s new entrepreneur center, slated to open next month.

Check out this year’s cohort.

● eVisit ­ a secure and convenient mobile platform to facilitate communications between primary care providers and patients
● Chalky ­ an e­learning video platform where experts can earn money through remote coaching and teaching
● Gun.io ­ an exclusive Elance­like marketplace to connect with the best­of­the­best open stack developers
● InvisionHeart ­ a secure mobile platform for emergency responders to communicate critical medical statistics to doctors during emergencies
● LoadTag ­ a SaaS mobile platform for trucking and freight companies
● MyMedMatch ­ a service to match underutilized specialized rehab equipment to patients who need it
● NewsBreak Media Networks ­ video­based advertising, interaction and promotion platform for gas stations and convenience store networks
● Poliana ­ an online matching service for political­based social networking and advocacy
● Rocket Link Mobile ­ a platform for SMS­based text ads that pay users to sharing them
● Zingfin ­ a financial services SaaS platform that facilitates ETF analysis

Check out these two Nashville entrepreneurs talking about the “yes mentality”

Techstars Boulder Announces Summer 2013 Class

Techstars,Techstars Boulder, startup,acceleratorWhile the spring season for startup accelerators is coming to close with a variety of demo days across the country, the summer season is warming up. In fact today we’ll be reporting on three startup accelerators kicking off their summer program. We start the day with Techstars Boulder.

Techstars is one of the most successful startup accelerator programs in the world. They yield thousands of applications every year and only a handful of the best startups get picked to build their products as Techstars branded startups.

Without further ado here are the startups that got into Techstars flagship program, the Summer 2013 session at Techstars Boulder, Colorado:

Screen Shot 2013-05-13 at 11.08.04 PMHull is like Startup Weekend online. Their website claims that you can build social apps in a weekend rather than in weeks. Hull handles hosting,social mechanics, and services integration so the person creating the social app can focus on the features.

 

lechatLeChat hails from Oakland California and promises to be the next revolutionary messaging app. Their website says they are “messaging for modern organizations” and support a host of features including search history, multiple chats on screen, integration with dev tools, native mobile apps and a price poing of $1 per user per month.

 

Augur
According to the Techstars website Augur is a platform that makes mobile and web personal by        intelligently tailoring the experience of each user.

 

givengoodsGiven Goods blends social entrepreneurship with e-commerce in a beautiful website that only sells products that give back. Sometimes here at nibletz we call this “slacktivism”, think Toms and other products that make a difference in the community.

 

Screen Shot 2013-05-13 at 11.18.01 PM

 

Local startup Elihuu has a funny name with a serious mission. Their platform allows product people to design beautiful products and they help take care of the manufacturing. Their website says: Democratizing the process of design, invention, and manufacturing. We believe new technologies change the thinking around the production of consumer products.

 

brandfolderBrandfolder gives users the tools to build a brand book that would typically cost thousands of dollars from an agency, easily and from a web based platform. While they plan to offer a premium paid product later on, their website says their branding tools will always offer a free option.

 

prediculousAccording to the Techstars website Prediculous is building social sports games for all fans. It looks like this Boulder based startup is pivoting from a social prediction game to something worthy of a much larger audience. Find them online here.

 

 

GoodaprilThis bay area startup offers tax monitoring tools that users can use all year long in hopes to help them have a “good April” Mitchell Fox, co-founder of GoodApril has penned guest posts on several startup focused sites about preparing for and being proactive about tax season. Check them out here

 

adsnativeAds native is an ad server for native content based advertising. Their website says that you can monetize without compromising user-experience. You can find them online here.

 

 

Screen Shot 2013-05-13 at 11.33.20 PMWe met the guys from Snowshoe last year on the sneaker strapped road trip when we stopped in Madison Wisconsin. They seem to have pivoted a little bit since then, now using their original technology as an authentication layer for the internet of things.

 

 

Are you working on your pitch? Check out The Anatomy of a winning pitch deck.

Memphis Startup ScrewPulp Launches Disruptive Self Publishing Platform

ScrewPulp,Memphis startup,startup, Seed Hatchery,AcceleratorWith one week to go in the Memphis based Seed Hatchery startup accelerator program, one of their startups, ScrewPulp, has officially launched (isn’t it nice to see real products at demo days).

Long time readers of nibletz.com, The Voice Of Startups Everywhere Else, are very familiar with ScrewPulp and it’s founder, Memphian Richard Billings. Billings comes from a wide background of creativity, and media. At one point in his career, Billings was a radio disc jockey. Throughout though, he’s been a tinkerer on a very grand scale. For instance his home has a full movie theater and he’s building arcade and pinball machines in his spare time.

So what’s ScrewPulp? It’s a way for self publishers to generate traction by trading their wares for social media mentions, reviews and ratings. In it’s simplest form the model works like this:

– Author publishes their book on ScrewPulp
– The first 25 copies are given away free
– Those people are expected to engage with the material through reviews, ratings and social media mentions
– Readers can continue to get the newest books free as long as they support the model.

After the initial free period, publishers start making money on their book. Pricing is based on how well the book was received, or sales. What’s especially nice for publishers is the platform is non-exclusive and publishers get 75% of the take.

“I want to change a broken industry,” Billings said in a statement. “Screwpulp is removing the obstacles that discourage so many authors, and empowers everyone to take control of publishing’s future.”

ScrewPulp is a product of the entire LaunchMemphis ecosystem. The idea was conceived at a 48 Hour Launch event in June of 2012. From there, ScrewPulp was one of the startups selected to compete in a Global Entrepreneurship Week challenge, which included pitching the concept to Federal Court Judge John Fowlkes. At that contest, ScrewPulp won over $5,000 in cash and prizes.


ScrewPulp founder Richard Billings pitches his startup to Federal Court Judge John Fowlkes.

It was only natural for ScrewPulp to continue iterating and preparing for launch under the development and instruction of Seed Hatchery, Memphis’ cohort based technology accelerator.

“It’s been a fun uphill battle all the way, but we have our work cut out for us after investor day next week.” Billings told nibletz.com in an interview. He’s also very excited about the progress they’ve made to date. ScrewPulp soft launched last week with four books and four authors. In just one week, and with no promotion, marketing or media they now have 23 books from 23 authors, and 250 readers signed up for the platform.

To add to that momentum, ScrewPulp’s mentor, Publishing executive Joe Wikert, will be flying into Memphis to introduce the ScrewPulp team at Seed Hatchery Investor Day next week. Wikert was the Publisher and Chair of O’Reilly Media’s Tools Of Change conference. Wikert has also had executive positions with publishing giants, Wiley and Macmillan Publishing.

You obviously like to read, so go read a book at ScrewPulp.com

Here’s ScrewPulp’s first ever pitch at 48 Hour Launch

This Memphis founder also launched her startup at 48Hour Launch and is now a finalist in the Black Enterprise Elevator Pitch Contest.

Demo Days Are The Worst Source Of Deal Flow? Mark Suster Says Yes

YCombinator,Paul Graham,Mark Suster, Demo Day,startup,acceleratorSince starting our nibletz sneaker strapped startup road trip last year we’ve seen hundreds of startups pitch at countless demo days. Nick and I were finally relaxing with one of our advisors, Patrick Woods’ with a>m ventures, on the last night of SXSW and we had counted over 65 startups that we saw pitch through a variety of demo events at the annual festival.

We’ve also seen countless accelerator demo days and with it being May and most of the spring accelerators graduating this month, we’re on track to enjoy another dozen or so before we get to the thick of the summer. Speaking of summer, last August their were three accelerator demo days in Tennessee alone.

Startup community members and leaders are constantly debating “the rise of the accelerator” and where accelerators should focus their resources. Is the best accelerator model general tech and cohort based? Or vertical and rolling? Who knows, it will take several more iterations until each community finds the accelerator model that works best for them.

But what about demo day?

On Friday Business Insider ran this piece which references an indepth article about YCombinator and it’s historic demo day from the New York Times.  In it, author Nathaniel Rich, quotes an investor saying that YC’s demo day, often thought of as the super bowl of demo days, “used to be a can’t-miss event, but that’s not so anymore. It’s a different vibe. Some major investors are starting to skip it.”

Rich points out that one investor said that YC Demo Day used to be a feeding frenzy for deal flow and it’s just not anymore.

Of course YC’s demo day is all the way at one end of the spectrum. Y combinator is said to take the best of the best and with hits like DropBox and Airbnb, the newer teams know they can set their valuations and standards higher, pricing a lot of smaller VC firms out of the deal. This either leaves VC’s empty handed or startups empty handed.

“The only way for a company to be overvalued is if there’s someone willing to pay that price,” Graham told the NYT. “So what they’re saying is: Going through Y.C. causes companies to raise money on better terms than they would have otherwise. We wouldn’t have the barefacedness to make that claim ourselves!”

Graham acknowledges that YC does take some bad startups though, saying sometimes investors can’t pick out the good startups; “Well, it’s not because the good start-ups look bad,” Graham says. “It’s because the bad start-ups look good! Which means we’re doing our job.”

Business Insider recently shared some of Mark Suster’s, a VC with GRP Partners and the founder of LaunchPad LA, best and worst sources of deal flow from his personal blog.

Surprisingly, blogging was revealed to be the best source of deal flow available. “The sheer number of relationships I’ve built through being public, transparent and being willing to engage in comments and through social media has enabled me to get to know entrepreneurs even before they launch their next company,” Suster said on his blog.

Investment bankers were said to be bad sources of deal flow, but the worst? Demo Day.

“Getting excited about a company at a conference and investing is a sucker’s bet,” Suster writes. “Entrepreneurs raising at prices not normally supported by progress face risks downstream when they have to raise more capital. And that fund raising is part of the job of being an entrepreneur – not something that gets in the way of your doing your job.”

Startup accelerators everywhere else are having a hard enough time getting investors in the door for demo day as it is. One accelerator participant in the middle of the country told us “outside of the investors that had a stake already in the cohort, no investors came to our demo day last year.” That can be hard to swallow.

As to the blogging, we have a handful of angels and VC’s that email us from time to time to get the vibe on some startup we wrote about. We also get thank you cards in the mail from startups that have gone on to raise money after getting their first piece of press from nibletz. To that end, we live off of our crowdfunding so to help out the everywhere else cause, click here.

 

See Dave Tisch’s biggest pet peeve when VC’s are talking to women entrepreneurs.

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Memphis Answers Call To Task On Women Entrepreneurs With Upstart Accelerator

Upstart Memphis, Memphis, Startups,Accelerator,Launch Your CityOn Tuesday at TechCrunch Disrupt NY 2013, Alexia Tstotsis got some of the more influential names in the tech/vc community to talk about women entrepreneurs and venture capital. David Tisch offered this tidbit in regards to what really pisses him off when VCs are talking to women. Aaref Hilaly (Sequoia) offered this opinion on why there is such a divide. Hilaly also called everyone to task to help increase the number of women entrepreneurs ready for venture funding.


While startup communities everywhere are starting to embrace and cultivate their women entrepreneurs. One startup community in particular has taken a very proactive role.

Eric Mathews, Andre Fowlkes and Elizabeth Lemmonds the team behind Launch Your City and Launch Memphis started a women’s initiative in 2012 called Upstart. Upstart is a multifaceted initiative with their latest phase coming into fruition now. It began with a meetup group, office hours for women entrepreneurs and a 48 Hour launch event for women founders.

Upstart is just one of the many startup community initiatives that Launch Your City has developed. They are also responsible for Seed Hatchery, a general tech accelerator that is two weeks away from their third graduation (demo day). Interestingly enough there are two startups in the class of six that have women founders; Boosterville and Mentor Me. A third woman entrepreneur, Rachel Hurley, started as a co-founder for one startup, Soundstache and has since segued to another team, Musistic. Hurley has always been active in the Launch Memphis startup community and took the challenge to apply to this years Seed Hatchery class.

In addition to all of this, Lemmonds, served as the moderator for the “Kick Ass Female Founders From Everywhere Else” at the everywhereelse.co inaugural conference. It was there and on a trip to Silicon Valley that Lemmonds continued to forge relationships with women entrepreneurs across the country, some of which will serve as mentors for the upcoming first session at Upstart.

The Upstart Accelerator basically starts as soon as Seed Hatchery graduates. The application deadline is May 24th and the application can be found here.Those accepted will be notified by May 31st. The session starts in Memphis at the Launch Your City Launch Pad on June 20th and runs until October 3rd.

Upstart participants will get access to the four M’s, mentors, milestones, money and Memphis. The Upstart team is encouraging women led startups from across the country and around the world to consider their program. Memphis is a great place to launch startups, cost of living is incredibly low and the startup community is close knit and growing. And YES their can be men on the team as well, but one of the cofounders must be a woman.

You can find out more here at upstartmemphis.com

See why this woman, and her husband, the founding CTO at Cha-Cha moved to Memphis for an acceleartor.

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Techstars Chicago Reveals First Class!

Techstars Chicago, 1871,startups,accelerator,startup newsTechstars Chicago revealed their first class today. Back in February Techstars announced that Excelerate Labs the Chicago based accelerator that operates out of the 1871 space was becoming TechStars Chicago. They began taking applications at that time and announced the first cohort on Thursday.

This first official “Techstars Chicago” class will start May 28th and end on August 28th. TechStars Chicago participants will receive a round of seed funding, work space, an intense startup curriculum and mentorship from one of the best accelerator mentor networks in the world.

As with all the Techstars classes there is a wide range of startups across SoLoMo, healthcare, big data, analytics and even fitness.

Here is a complete list of the 10 startups that made it into the first Chicago cohort, as originally posted on the Techstars blog.

CaptureProof – The platform through which patients can securely and easily share photos and videos with their doctors.

HIPOM – A cloud-based solution that gives parents total control of the Internet access on all devices in the home.

Nexercise – A mobile app that makes fitness fun through the use of friendly competition, smart alerts and real rewards.

Pathful – A Web analytics platform that captures every visitor interaction with every element on a website automatically, making it easier for marketers and designers to understand visitor behavior.

Peoplematics – A cloud-based search platform that unlocks the data users store in the cloud with intuitive search and sharing across applications.

Project Fixup – A digital matchmaker that fixes people up on fun one-on-one dates.

SimpleRelevance – An analytics-driven email marketing platform that provides customized digital communication for every customer and every message.

SocialCrunch – The marketing data provider presents a new way to unlock the most provocative human insights for brands and their agencies.

Sqord, Inc. – The fitness platform that makes healthy, active play more fun for kids by allowing them to compete and earn points for everyday activities.

TradingView – A browser-based community for investors and traders to share and discuss their ideas.

Check out these other startup accelerator stories.

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The Never Ending Marker Finalist: In St.Louis’ go!-celerator

goBRANDgo! Partners Brandon Dempsey and Derek Weber

(photo: St. Louis Business Journal)

St. Louis may be known for it’s world famous beer, but lately their startup community has been growing and thriving. They have an awesome angel network in place, St. Louis Arch Angels. They also have an accelerator that’s producing real results (and not pre-lining up follow on deals from accelerator partners), Cap Innovators. They have an awesome community focal point in the co-working space T-Rex, and when one of their startups or entrepreneurs faces tough times they rally around them, rather than distancing themselves.

So far the St. Louis startup community is operating by the handbook, Brad Feld’s “Startup Communities”.

Now one of St. Louis’ startup community supporters has launched a new incubator. goBRANDgo! a local marketing firm has decided to open up a new incubator.

Their new incubator, dubbed; go!-celerator is designed for early stage startups. Three finalists are competing for a year’s free office space, networking opportunities, and mentoring to the tune of $50,000 in agency resources.

Saint Louis University student Gregory Keogh and his startup, Remarkable, are finalists for the first spot in the go!-celerator. Keogh is developing a refillable white board marker station that will keep the dry erase marker full at all times.

While this seems like a great idea for any business, startups, who are known for endless “whiteboarding” would certainly take advantage of the value proposition posed by an endlessly refillable,never ending dry erase marker.

According to the St. Louis Business Journal, goBRANDgo! founders Brandon Dempsey and Derek Weber have a thing for going through lots of dry erase markers.

Remarkable is a finalist pitted against Bazaar Boy a tech startup creating a market place for local small businesses and HCP Unitedan integrated E-Dispensary platform designed for member-based purchasing groups that allows health care providers to deliver more affordable care. “

You can find out more about goBRANDgo! here.

This startup in Louisville teaches 5 year olds how to code!

 

Dreamit Health Announces Inaugural Class

DreamIt Health,Philadelphia startup,startups,acceleratorYou may think that today is all about accelerators and healthcare, well we didn’t intend it to be that way but there’s major startup news on the accelerator and healthcare front.

DreamIt Ventures, the multi-city startup accelerator brand, announced late last year that they would be teaming up with Independence Blue Shield and Penn Medicine to hold their first medical focused startup cohort. They announced that cohort on Wednesday.

For the first DreamIt Health accelerator they put out an application call for startups seeking to develop tools for healthcare providers to speed up diagnoses and improve outcomes.

“At IBC, we believe that innovation is the key to bringing fresh ideas into health care, and are working to transform the Philadelphia region into a national magnet for health care innovation, investment, and employment,” said IBC CEO Daniel Hilferty in a company statement.

The first cohort includes big data startups, mobile startups, devices, and even fitness startups aimed at curbing childhood obesity. Each team will receive what MedCityNews called a “stipend” of $50,000 and of course access to the DreamIt, IBC and Penn Medicine entrepreneur and mentor network. The program will end with an investor demo day showing the progress these early stage teams made in the program.

The 10 companies selected are:

AirCare: A mobile startup to help hospitals prevent readmissions and improve patient outcomes using telenursing and patient-specific analytics.

Biomeme: A mobile molecular diagnostics device to help point-of-care clinicians and epidemiologists diagnose and track infectious diseases in realtime with smartphones.

Fitly: The company wants tohelp health plans deal with the childhood obesity epidemic by engaging and motivating at-risk families with gaming and convenient delivery of healthcare.

Grand Round Table: Its application helps clinicians rapidly diagnose complex cases by matching the patient’s electronic record against millions of other cases drawn from around the world.

Medlio: The mobile app aims to help physicians get paid faster and get rid of paper-based registering forms with a virtual health insurance ID card to sync the right information among patients, providers and payers at the point-of-care.

OnShift: Helping hospitals improve patient outcomes through instant communications between clinicians caring for the same patient is the goal of this healthcare communications system. It also wants to remove obstacles to effective care delivery and care transitions.

Osmosis: The learning management system helps medical institutions develop clinicians who better retain and apply knowledge through a Web and mobile platform that uses cutting-edge cognitive techniques.

MemberRx: A solution intended to improve the way pharmaceutical costs are controlled by enabling selection of the best generic or on-formulary branded drug for a specific patient through an electronic medical record system.

SpeSo Health: The online analytics platform identifies and accesses medical expertise in rare and complex diseases.

Stat: The Web and mobile app helps providers and payers make patient transport more efficient and lower costs by matching and dispatching idle transportation resources.

 The application deadline for Memphis’ highly successful ZeroTo510 medical device accelerator is tomorrow.

Out of 1700 Applications Here Are The 11 Startups In The Spring NY Techstars Session

Techstars New York,Startup News, AcceleratorEugene Chung took to the official Techstars blog to announce that this spring’s session at NY Techstars was by far the biggest applicant pool they had seen. Techstars NY received over 1700 applications from 420 cities, 66 countries.

“We had applicants from countries as diverse as Nepal and Tanzania. More than ever, our applicant pool reflects the global reach of TechStars and the infusion of technology in the cultural zeitgeist of societies around the world. The movie The Social Network has become the Wall Street of our generation. This is true not just for America but for the world at large. Some of the brightest minds of our era are choosing to become entrepreneurs.” Chung said on the Techstars blog.

The 1700 applications came from a wide range of technology verticals. This year they even have a startup in the class called FaithStreet, in the religious space. “For the first time ever, we have a company tackling the religion space, an underserved yet massive market with incredible opportunities for disruption.” Chung said.

FaithStreet helps users find churches in their neighborhood. Their website boasts 11,359 churches in 3473 cities across America, and seems to be growing already.

The Techstars New York spring 2013 session runs through June 28th when they will hold investor day.

Here are the 11 startups selected this year:

  • Ad Yapper – “Talk back to any ad in the world, influence brands, and make a real difference.”
  • Dash Labs – “America’s story is written on the road. Connect to Dash and chronicle your journey.
  • FaithStreet – “Find a church near you.”
  • Jukely – “Concert concierge. The shows you’ve been missing, tailored and delivered.”
  • Klooff – “iPhone app for pet lovers.”
  • Placemeter – “Connecting smart customers with smart businesses. One place at a time.”
  • Plated – Ingredients in pre-measured portions delivered to you for quick, home-cooked meals.
  • Sketchfab – “Publish and embed interactive 3D models.”
  • TriggerMail – “Personalized retention emails for Ecommerce.”
  • Validation Board – “Test your startup idea without wasting time or money.”
  • weeSpring – “Find essential baby products with advice from your friends.”

Check out these startup accelerator stories from “everywhere else”.

Tampa Bay Wave Announces First Accelerator Class

Tampa Bay Wave,Accelerator,Startup,Startup NewsThe paint is hardly dry at the Tampa Bay Wave incubator and accelerator. No, literally they just opened their doors on March 15th and with that, the center that prides itself on being by entrepreneurs, for entrepreneurs, announces it’s inaugural class.

Michael LaPlante, the curator of the Tampa Bay Startup Digest announced the first 8 startups to accelerator at Tampa Bay Wave in Monday morning’s digest. Here they are:

SHOOTRAC: Provides organizations of all sizes a simple way to capture big data on its customers, assets and workforce and use the information to leverage these resources for maximum efficiency and customer service using a cloud-based, scalable Software as a Service solution

Cartooga: Through its proprietary e-commerce platform and expert staff, Cartooga, Coracent offers shopping cart hosting and a variety of conversion optimization features designed to help businesses open an online store, drive traffic and increase conversion rates.

Secondhand Living: An e-commerce site where consignment, antique and thrift shops, as well as architectural salvage material suppliers promote their businesses and offer their products for sale. There are thousands of these independently owned shops in North America (even more abroad) and the majority of them have no online presence.

Drawer: A technology product expressed initially through a mobile application that provides a framework for capturing and cataloging real-life recommendations between friends and acquaintances. Drawer helps to catalog across various verticals – places, movies, music, products, books, etc. – in order to provide a comprehensive and centralized place for storing this information.

Commendable Kids: It is a community of children striving to be the best they can, as they work toward earning badges that can then be proudly displayed and shared with their supporters. Commendable Kids helps encourage and challenge children to learn new skills and reach new milestones.

Confy.co: Confy.co helps track and organize an event from start to finish by providing targeted solutions and management tools to conference organizers, sponsors, hosts and other event-related personnel to successfully manage the myriad of data, requirements and essential organizational needs.

Kite Desk: A personal cloud information manager that lets users connect their cloud service accounts and automatically links and organizes their messages, contacts, files, events and more into useful streams of information. Kite Desk provides the unique value of personalized, contextual computing to both web and mobile clients.

SavvyCard: A mobile web platform for actively referring business transactions. It combines features of an online business card with an intelligent referral system that generates measurable leads and sales. SavvyCard offers a convenient way to pass “warm” referrals from any web enabled device, track and respond to referrals in real time, reward referral behavior and build mobile-friendly referral networks.

Obviously Tampa Bay Wave is off to a great start, we expect to hear a lot more from them. If you’re in the Tampa Bay area you can find out more here.

We’ve got more accelerator stories here.

Meet The 10 Startups In The Nike Techstars Accelerator

Techstars,Nike,Portland startups,accelerator,startup newsTechstars, the world renowned accelerator network has been beefing up there offerings with new locations, like Techstars Chicago and new vertical accelerators in conjunction with Microsoft and Nike.  When announced late last year, the startup space was on fire over the possibilities that would come from an accelerator driven by Nike and TechStars.

The Nike accelerator is buit around their NikeFuel digital platform and the Nike Fuel band.

“We are excited by the response to the Nike+ Accelerator and the high caliber of applicants to the program,” Stefan Olander, Nike’s vice president of digital sport, said in a news release. “We recently celebrated the first year of NikeFuel, and the Accelerator program is a natural next step to broaden and enhance the Nike+ ecosystem – allowing Nike to offer richer experiences to athletes of all levels.”

As with most TechStars branded accelerators, hundreds of teams applied. Here are the 10 that were chosen, as reported by the Portland Business Journal.

 

  • FitDeck (San Diego, Calif.) — Digital decks of exercise playing cards that deliver ever-changing workouts for fitness and sports. (Fitdeck.com)
  • GoRecess (New York) — Helps users find, book and review fitness activities. (Gorecess.com)
  • Chroma.io — Indie game studio that creates virtual worlds tied to real-world activity. (jumpbots.chroma.io)
  • CoachBase — Provides a digital sports coaching platform. (Coachba.se)
  • GoFitCause — Leverages fitness data as a means of raising money for charities. (Gofitcause.com)
  • HighFive — Ad network for health and fitness apps that helps people achieve goals by rewarding them along their journey. (Highfive.io)
  • Sprout At Work (Toronto) Provider of corporate wellness solutions using social and gamification tools to inspire employees and employers. (Sproutatwork.com)
  • GeoPalz (Boulder, Colo.) An interactive gaming and rewards platform for kids and families. (Geopalz.com)
  • Incomparable Things — Creates activity-driven fantasy sports leagues. (Incomparablethings.com)
  • RecBob (Cedar Rapids, Iowa) Offers a platform that makes recreational sports easy by organizing play. (Recbob.com)

Find out more about TechStars here.

Check out more accelerator stories at nibletz.com

Nashville: Jumpstart Foundry Startup, Jamplify, Raises $600K

Jamplify,Nashville startup,New York Startup,Jumpstart Foundry,startup,accelerator,fundraisingOne of the highlights at the 2012 Jumpstart Foundry Demo Day in Nashville Tennessee last August, was how many startup teams actually had a product ready to go. Jamplify was one of those teams.

Jamplify crowdsources people for promoting the bands, brands and products  that they love. Rather than crowdsourcing for actual capital Jamplify is crowdsourcing for social capital and human capital, and then there’s the payoff.

Jamplify is like the kickstarter for fan based, crowd based musical promotion. As a fan of a band or a promotional ambassador you can agree to promote a band or musician. Based on your social graph and the amount of people that you actually touch with the campaigns short, trackable url you will become eligible for prizes from the band or artist you’re promoting.

What’s even cooler is you wouldn’t know it if you saw them pitch, but Jamplify was founded by two friends that met while they were coworkers in New York at Goldman Sachs. Andy Pickens and Moses Soyoola, left one of the most prestigious addresses on Wall Street and spent last summer iterating, developing, pivoting and reworking Jamplify to the product that it is today.

They’ve already started seeing great results. Business Insider reports that Jamplify was able to drive 190,000 views to a 15 year old pop stars YouTube video. What’s even more impressive is those 190,000 views were referred by 670 fans, meaning each fan drove about 280 views.

Their $600,000 round came from a number of unnamed Nashville and New York based investors and will allow the team to continue working on a product that’s been tried,proven and is developing traction.

Here’s their pitch video from the Jumpstart Foundry demo day:

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