Embry-Riddle StarterStudio Relaunch Business Accelerator Program | Embry-Riddle Aeronautical University
To help kick-start a thriving innovation corridor offering high-quality, high-paying job opportunities in Volusia County, Florida, Embry-Riddle Aeronautical University has partnered with StarterStudio to reinvigorate its success business accelerator.
The intensive 10-week program, from June 1 to August 3, will provide significant mentorship to award-winning entrepreneurs, focusing on how to create, maintain and grow their businesses focusing on their go-to-market strategies, by perfecting their customer pitch. and the creation of a commercial infrastructure (accounting, finance, legal, HR and insurance). At the end of the program, participating startups will showcase their businesses at a demo event in front of an audience of advisors, sponsors, community stakeholders and the StarterStudio investment committee, for a chance to receive between $10,000 and $25,000 in funding, plus future matching funds up to $225,000.
All startups are carefully screened and vetted through the acceleration program to set them up for long-term success, said Dr. Stephanie Miller, executive director of technology transfer and research park initiatives at Embry-Riddle.
“After a three-year hiatus amid the pandemic, we are once again thrilled to offer the Embry-Riddle Accelerator, an outpost program of StarterStudio, to continue our record of economic development and investment in our community. “said Miller. “This year’s cohort includes startups founded by Embry-Riddle students and faculty, startups currently residing in the university’s MicaPlex technology business incubator, and one startup from the Volusia County community. “
Innovation for Earth and Space
This year’s participating startups are developing innovative technologies to solve business and health challenges and to advance commercial space enterprise. 2022 participants include:
- Novineer, a new engineering design company developing integrated modeling, design and simulation software for 3D printing. Novineer, founded by award-winning Embry-Riddle researcher Dr. Ali Tamijani, was born out of research done in his lab.
- SpaceLoon™, developer of the first commercially available balloon capable of reaching the suborbital mesospheric region of space. The company’s low-cost, rapid-deployment, long-duration solution deploys payloads for space research and exploration without the expense of a rocket launch, and more.
- Cvvlogs, creator of a unique recruitment platform that allows candidates to post their video CV. Recruiters can save time by only scheduling candidates who stand out by video, Cvvlogs reported.
- Velocity Technologies, which strives to improve the commerce experience in event spaces and venues by using radio frequency identification technology to provide accurate analysis of customer data.
- Cerebritech, a startup developing a product to detect concussions in real time, giving athletes and teams a new, more consistent benchmark for diagnosing traumatic brain injury.
Entrepreneurs will also work on building a company culture, operational planning, scaling, and learning the fundamentals of sales management. Other areas of focus will include marketing, customer onboarding, expansion and growth, key performance indicators (KPIs), and funding options and sources.
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