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Meet the entrepreneurs in Cohort 2 of StartUP FIU accelerator

By: Nancy Dahlberg

StartUP FIU is launching its second cohort of its 14-week accelerator, Empower, this month. The cohort includes entrepreneurs from 17 businesses or concepts in a variety of industries, including music, fashion, shipping, health, and education. It also includes a number of social entrepreneurs. The free program accepted entrepreneurs from the idea stage to revenue-producing companies; it includes community members as well as FIU students and alumni. Read more about the program here: Multi-campus StartUP FIU gets ready for takeoff

Who’s in Cohort 2 of StartUP FIU?  Find the list below: 

Audio EP

Founder: Stephen Sullivan

Audio EP provides music students interactive exercises to develop various music related skills essential to music production and songwriting in today’s digital age. It also connects students with music instructors through the online platform for coaching services.

BECOS

Founder: Jorge Arias

BECOS produces handbags, book bags, wallets and others, with recycled materials in order to create conscience within our customers. The recycled materials are from cement bags and food sacks for animals, and these bags are put together by employees with disabilities. In addition to that, 15% of annual profit will support children that have been displaced by violence.

BENBO

Founder: Carolina Hoyos

BENBO is a new interactive, simple and easy to use business networking app, where we try to simplify the user’s interaction when sharing business cards.  BENBO lets you: Create and customize your very own business card, uniquely designed, in just a few seconds.

Boatrax

Founder: David Villegas

Boatrax facilitates the logging experience for boat owners with a mobile app that allows them to organize their logs and share them with local service providers to purchase right-on-time services using our marketplace platform.

Cargo42

Founder: Francine Gervazio

Cargo42 is a marketplace for trucking committed to reducing idle time and capacity. We seek to provide shippers (local businesses) a more competitive rate and simplify the shipping process, while carriers (local trucking companies) enjoy an additional revenue stream and maximize the trucks productivity.

Clutch Couture Bags

Founder: Jordan Johnson

Clutch Couture Bags provides a luxury handbag rental service that serves US customers via an online store. We provide a service that allows fellow fashion-lovers to experience the luxury of carrying some of the world’s most sought-after handbags, while paying a fraction of the price on a monthly basis.

Container Retail

Founder: Charles Sims

Retail Incubator space developed with reused shipping containers located in (Liberty City) Miami, FL. The hope is that a sustainable model can be created and deployed in similar communities throughout the U.S.

Extreme Weather Experience

Founder: Erik Salna

Extreme Weather Experience is a one-of-a-kind concept to develop an immersive, experiential, interactive, hands-on weather education theme park attraction with entertainment, retail, restaurants, a weather forecast center and a media broadcast center.

Give Wink

Founder: Francine Delarosa

Give Wink is a full-service boutique that provides added value services such as full space planning and design, nursery set up and reveals, customization and personalization of many products, gift registries and educational classes/events

 

GlanceHouse Cloud

Founder: Andrew Ritch

GlanceHouse allows businesses and organizations to automate the backup and archiving of video surveillance data to the Cloud. Users can store that data from 30 days to an indefinite amount of time.

Mind&Melody

Founder: Cristina Rodriguez

Mind&Melody has designed a proprietary music curriculum with three goals: to deliver live musical performances; teach music theory concepts in a simple, fun and artistic way; play sheet music and create original composition through our color-coding system. Our program is highly individualized to reach and engage different levels of dementia and musical ability.

SkillCourt LLC

Founder: Gudmundur Traustason

SkillCourt is an athletic training system consisting of pads built with LED lights for cue targets. The goal of the illuminated targets is to be hit with an object like a soccer ball through a timed sequence. Inside each pad are sensors that provide feedback for detailed performance which reports performance information to the SkillCourt app.

Stealth Simulation

Founder: Christian Gutierrez

Stealth Simulation by Boorpus™ LLC was born out of the need to increase the fidelity of standardized patient physical examination. We focus on technology-driven innovative solutions aimed to improve medical simulation while maintaining the highest degree of realism of virtual patient encounters.

Viera Academy

Founder: Carlos Raul Garcia

Viera Academy provides a playground e-learning platform that specializes in Standardized Tests, as well as world level Mental Math and Memory courses, developed by Guinness World Record holders.

WeWomen

Founder: Dorothy Peck

WeWomen is aiming to solve the lack of feminine hygienic pads in refugee camps. Their solution is using banana leaves from banana trees to produce hypoallergenic and environmentally friendly menstrual pads. Providing women with a product that will allow them to work, go to school and be productive members in society

Worcket

Founder: Sergio Klarreich

Worcket is a millennials-ready phone app and a cloud service that enterprises use to recruit University and College students or professionals for employment opportunities, in the US first and then worldwide. It leverages disruptive technologies like Video Profiles, Machine Learning, and Artificial Intelligence. We are a truly innovative Seattle based start-up, that is part of the Microsoft BizSpark incubation initiative. Our first production release will be ready in mid-December.

No Name Company

Founder: Megan Twomey

The idea presented here is for a novel class of Nitric Oxide (NO) probes that are based on unique metal photoluminescent complexes that directly react with NO to provide highly sensitive and cost-effective detection. This novel class of probes would benefit the scientific and medical communities by advancing the understanding of NO’s biological roles and subsequent pathological conditions that arise from NO dysfunction.

Entrepreneurs hit the mark with potential investors at StartUP FIU’s first Pitch Day.

By: Jane Schreier Jones

Let’s say you’re an entrepreneur and you have five minutes to pitch your idea to dozens of potential investors, an idea you may have been working on for a year or more. Go! 

Entrepreneurs got to participate is this high-stakes situation at the first “Pitch Day” event presented by StartUP FIU, held December 2, 2016, at the Modesto Maidique campus of Florida International University (FIU). StartUP FIU is a collaborative initiative for FIU students, faculty and early-stage startup entrepreneurs across South Florida.

“More than 30 angel investors and venture capitalists were on hand at Pitch Day to consider the presentations from the StartUP FIU entrepreneurs,” says Robert H. Hacker, co-founder, and director of StartUP FIU. “The presentations were on-target, exciting, and done very well. Each entrepreneur also fielded questions from the investors.”

The entrepreneurs were members of Cohort 1, the inaugural class of The Empower Accelerator, StartUP FIU’s comprehensive, 14-week program to develop scalable traditional and social entrepreneurship ventures. The program provides coaches, skills training, advisors, access to speakers, cutting-edge workspace and a wide range of additional resources to first-time as well as more accomplished entrepreneurs.

“Prior to Pitch Day, I had only pitched my idea to potential customers — not investors,” reports Jason Dettbarn, founder, and CEO of Addigy, a cloud-based IT Management platform for managing Mac computers. “Through StartUP FIU, I learned tons about pitching to investors. In fact, the presentation I made was at least 80 percent better than the one I started with, thanks to the input I got from my mentor, classmates, and others at StartUP FIU. When it was time to make my pitch, I was relaxed and comfortable.”

With his presentation, Dettbarn made an impression and is in continuing talks with a member of the Keiretsu Forum, a global angel investor network at the event.

“Our entrepreneurs were given a proven presentation template to make sure they nailed all the initial information investors need to go to the next level,” says Hacker.

Nineteen entrepreneurial enterprises were members of StartUP FIU’s Cohort 1, ranging from beekeeping and honey business to a virtual reality system for the physical therapy industry. The Empower Accelerator curriculum takes the entrepreneurs through a comprehensive and in-depth analysis and development of their entrepreneurial idea.

The first four weeks of the curriculum deal with proof of concept, problem and customer value. Weeks five through seven help entrepreneurs define their competitive advantage, solution and customer value (CVP). During the final six weeks, entrepreneurs delve into refining their business model and their financial model and learn to pitch to investors.

Fourteen of the 19 teams were able to use Pitch Day in December to try their new skills. (The other five will participate in the Spring 2017 Pitch Day event.)

“Companies or individuals selected for each cohort bear no costs for The Empower Accelerator program, and retain 100 percent of the equity in their venture,” says Emily Gresham, co-founder of StartUP FIU and AVP of Research in the Office of Research and Economic Development, FIU. “We welcome everyone from a student testing an idea, to an accomplished academic researcher or the owner of an operating company. Our goal is to provide the necessary support to bring dreams to fruition.” 

“On a scale of 0 to 10, I’d easily give The Empower Accelerator program at StartUP FIU a 9 or a 10,” says Anthony Leon, one of the founders of Bid Aero, a secure marketplace for aftermarket aircraft parts. “The staff didn’t waste our time; rather, the information was on target with what we need.”

Leon says the in-depth program prepared his team for Pitch Day. “Engineers and developers don’t make the best public speakers, but somehow we learned how to present ourselves and our idea well,” Leon says. 

At Pitch Day, following the presentations and the question-and-answer periods, the entrepreneurs got a chance to interact socially with the investors.

“For these entrepreneurs, this might not have been their first pitch, and it probably won’t be their last,” says Hacker. “One pitch doesn’t lead to an offer.  But the feedback we’ve gotten from investors who participated — a fairly frank group — has been very positive.”

Twenty-two companies have been selected to for the second cohort of The Empower Accelerator program which starts Januarys 31st, 2017. For more information on StartUP FIU and their accelerators and incubators, Visit startup.fiu.edu.