Velocity
Velocity

Upcoming events at Velocity will both celebrate the accelerator program’s successes and consider its future.

Velocity’s fourth Demo Day will be held at the Frazier History Museum on June 3. The five participating companies will present their progress to the public, business leaders and investors, with a reception to follow.

The Velocity accelerator is an intense 100-day program that guides teams through the Lean Startup methodology. Each participating company received $15,000 in seed funding, free co-working space, and focused mentorship during the program.

The spring 2015 teams are:

Credit Fair-e — Provides small-dollar consumer loan products designed to help borrowers repay the loan, build a strong credit profile and reduce financial stress.

MobileServe — Makes it easy for individuals and organizations to track, analyze and communicate their service to the community.

Schedule It — The solution for routing, calling, scheduling, income reconciliation and expense tracking for Insurance Adjusters.

Smart Lanes — Provider of highly accurate, detailed demographic and behavior data based on vehicle traffic patterns.

Sweetwater Beverage — Gently caffeinated, high antioxidant, great tasting beverage from the by-product of the the organic, fair trade coffee bean.

Doors open at 3 p.m., and presentations begin at 3:30. To reserve a free ticket, click here.

Velocity also will host a forum to talk about the accelerator’s future, which is uncertain in the wake of managing director Tony Schy’s recent departure. A couple weeks ago, Insider sat down with some of the stakeholders in the Velocity accelerator program to discuss what’s next. One of the main narratives that came out of the meeting was that the founders really do want to solicit as much public input as possible before any further decisions are made.

So next week, Velocity founders Bryce Butler of Blue Sky Network and Kent Lanum of the Ogle Foundation will lead a public discussion about the future of the accelerator at Open Coffee on Monday, May 18, at 8 a.m. at the iHub, 204 S. Floyd St.

Open Coffee is always open to the public. Free coffee, too!