So it’s only appropriate that Velocity Indiana is hosting their Demo Day in New Albany’s historic Grand Theater.
The Grand was built in 1909 and began its long tenure of providing its patrons with excellent entertainment. Admission of 10 cents entitled a person to stay an hour and witness two acts of vaudeville, see three reels of moving pictures & hear two songs besides enjoying one of the best orchestras in commission.
Five companies will present their progress in front of an estimated 300 investors, entrepreneurs, members of the business community and students. The event will kick off at 3 p.m on Thursday, April 10.
The event also will feature live music by Georgetown, Ind. band the Hart Strings, an open bar and light fare. It’s free and open to the public.
The after-party will be at Wick’s Pizza across the street.
Four companies of the accelerator program’s winter cohort will participate. Also participating is an alumni company from the spring cohort, Collabra. The fifth company of the winter cohort, NurseVersity, dropped out of the program “for personal reasons.”
These companies have been participating in Velocity’s Lean Startup model accelerator since early January.
According to the website F6S.com, Velocity has opened up applications for its third cohort, which will be open only to food and beverage companies. More as we know more. Applications are due April 30.
The second class for Velocity is (descriptions provided by Velocity):
GearBrake provides motorcyclists the reassurance that other drivers will be able to see them in time to avoid a rear-end collision. Motorcycles are able to rapidly slow down without using the brakes by downshifting and engine braking. While this is extremely effective in slowing down the bike, it does not light the brake lights to warn other drivers. GearBrake can sense the deceleration from slowing down and automatically flashes the brake lights when downshifting, engine braking or standard braking, which has been proven to increase reaction times and reduce rear-end collisions.
Million Dollar Scholar (from Chicago) uses a scalable web platform that can deliver educational content and services to student users remotely and on-demand. Million Dollar Scholar aims to become the first open, online course focusing on scholarship success and awareness tailored to target students in high school and college. Our business model will incorporate the creation of scholarships through reinvestment in future student users. Using this model, MDS represents an innovation in that it has the potential to generate outsized impacts in education outcomes, education finance, urban development, job creation, and poverty alleviation at the same time.
GroomHQ is a web platform dedicated to fulfilling grooms’ wedding needs. With a special focus on simplicity, cost savings and convenience, our personalized dashboard is tailored for a quality user experience. GroomHQ is a management tool designed to keep the groom in control, the wedding party on task and on time, and most importantly, keep his fiancee happy.
Drifter Events is a sports event company specialized in organizing fun, off the wall events. We host a myriad of events across the U.S. that focus on entertainment, adventure racing and endurance sports. We love inventing, creating, promoting, and launching fun events for active people (on foot and on bikes!) across the country, including the Urban Bike Adventure; Derby City Run Club; The Ugly Sweater Ride; and The Great American Chase. We enjoy being a little weird while dreaming up ways to show off local communities and charities.
“I’m really happy with the progress of our second accelerator class and am excited to see them pitch on Demo Day,” said Velocity Indiana’s Managing Director, Tony Schy in a news release. “We’re committed to growing the entrepreneurial community in the region with events like Demo Day, and are excited to present investors and the local business community a first glimpse at our teams: five innovative companies who all have the potential to disrupt their target industries and grow into large organizations.”
To reserve a free ticket and get more information on the presenting teams, please go to:http://velocitysdemoday.