Velocity Indiana hasn’t even been around for two years, but it’s already running its third accelerator program. This time the program has expanded to eight startups, with a broad range of business models. Some are still in product development while others are working to jumpstart their revenue growth. Several of the teams are local entrepreneurs, but one is from the Cincinnati area, one from London (yes, the big one), and one from California and Bangalore.
Each of the eight companies is enrolled in a 100-day program whose goal is to help them develop or refine a business model that’s repeatable, profitable and scalable. They’ve received an equity investment from Velocity, free office space, access to a broad mix of mentors, and other support services intended to get their businesses off the ground.
We’ve invited all eight to Open Coffee on Monday, where they’ll have a chance to introduce their company and field questions from the audience. It’s also a great opportunity for the Open Coffee community to share our resources with these new companies – you never know who’ll have a contact that might become a customer, an investor or a strategic partner.
Here’s a quick look at the eight startups, blatantly lifted from Melissa Chipman’s introductory article in InsiderLouisville – Melissa is also writing a series of articles that looks into each startup in more detail:
- Calculingua: Modernizing knowledge creation with a Software as a Service platform for scientists and engineers to analyze data, collaborate and publish.
- Complete Set: A collector-curated database of collectibles.
- findCRA: An online platform for banks to connect with nonprofits for community reinvestment projects.
- Room in the Moon: Introduces people who are moving to the same city and helps them to acclimate to the new city, including locating places to live.
- Soccer Sidekick: A patented soccer training ball that helps young athletes develop better ball control skills.
- SpotDy: Empowers developers to build scalable smart applications in hours, not months.
- The Recovery Station: A kiosk that dispenses customized protein shakes.
- US Chia: Produces American-grown chia seeds to be sold for human and animal nutrition.
We’ll have representatives from Velocity as well, if you have questions about the accelerator program or anything else going on just across the (temporarily disabled) 2nd Street bridge from Louisville.
Join us at 8 a.m on Monday, July 21 at iHub, and thanks again to Heine Bros for the coffee, and to Nucleus for letting us use their iHub facility.