Jun
08
DreamIt is among some of the top accelerators and incubators in NYC


For all the things that New York City is known for, technology is not really one of them. But that mindset is beginning to change.

New York is the home to a number of other industries, including advertising, fashion, financial services, media, and real estate. Now a technology sector is beginning to grow as well, with the emergence of e-commerce and consumer Internet startups, including Meetup, Gilt Groupe and Tumblr,

Of course, the city’s development as a tech haven is helped by a growing list of accelerators and incubators sprouting up, helping bring to bring some of the best and brightest minds to New York.

Here are a few of the top accelerators and incubators that are helping to nurture that talent:

 

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Jun
07
EDesign Labs Helps Teachers and Students Hack the Future of Education


By Anya Kamenetz

This past weekend, EDesign Labs, a nonprofit dedicated to making sure K-12 innovation incorporates the insights of teachers and students, held a hackathon at the Center for Social Innovation in New York City, part of a National Day of Civic Hacking sponsored by Intel.

EDesign Labs was seeded by the Ford Foundation and is currently hosted at New Visions for Public Schools, a nonprofit (funded by the Gates Foundation and the NYC and federal departments of education) focused on launching new schools.

“We proposed a tough challenge,” said director Hsing Wei, whose computer science, art, and education background includes Harvard, MIT, Parsons, and Eyebeam. “‘How do we design learning for a future of computational thinkers, effective storytellers, and empathetic inventors?’”

The 100-plus hackathon attendees formed up to eight-person teams including designers, developers, local public and charter school teachers, and even a few high school students. “The teams were bigger than we expected, I think because education is a hard problem,” says Wei.

Over two days at the Center for Social Innovation, teams built or mocked up different apps to facilitate creativity, collaboration, and participation in classrooms. There was an ultra-simple, shareable video app called Off the Page; MiniStories, a comic-book like tool where students could create characters and produce short narratives; and DataCrunch and Data Hunt, tools meant to help students understand and visualize data.

The winner of the day was a science app called WavePool that turned the Microsoft Kinect interface into a tool for visualizing and manipulating soundwaves in real time. Do you know what a wave the width of your outstretched arms sounds like compared to one that’s seven centimeters wide? WavePool can show you. The team received a mentorship meeting with DreamIt Ventures, and just as important, an opportunity to pilot in two real-life classrooms.

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Jun
07
Converge: Summit for Healthcare Innovation


DreamIt Health is partnering with MedCity Media on their CONVERGE Summit for Healthcare Innovation, July 9 & 10.

MedCity CONVERGE provides the most accurate picture of the future of medical innovation by gathering decision-makers from every sector to debate the challenges and opportunities facing the industry. This national, executive-level summit gathers leaders from health systems, payers, medical device, pharma and digital health/health IT to join with entrepreneurs, government leaders, investors and other key stakeholders to see the latest innovations and create, through their conversations, truly actionable intelligence on where the innovation opportunities are right now.

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May
28
The Philadelphia Dorm Room Fund’s latest investment is in…ZenKars!


The Philadelphia Dorm Room Fund is excited to announce our newest investment in ZenKars, an online retailer of used cars!  On the supply side, ZenKars partners with commercial sellers, like fleet management companies and banks, to offer their used cars directly to consumers, bypassing auto-auctions and dealers. On the demand side, ZenKars offers a hassle-free online buying experience with detailed information about the cars, as well as related products like warranties.

Co-founders Jim Chabas and Venkat Jonnala met as roommates during their first year as MBAs at the Wharton School. Leveraging Venkat’s past experience with automotive remarketing at Boston Consulting Group, Jim’s entrepreneurial background, and input from Wharton alumni who worked in the car industry, they arrived at an idea.  By rethinking the value chain in the used car market, they discovered an opportunity to sidestep middlemen and therefore offer end consumers lower pricing for used cars.  ZenKars was born!

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May
26
DreamIt Health Demo Day: July 24, 2013


SAVE THE DATE!

The inaugural DreamIt Health program will host Demo Day on:

Date: July 24, 2013
Location: World Cafe Live! | 3025 Walnut St | Philadelphia, PA 19104
Time: 9:00 am

A VIP lunch and demo session will be available to invited investors, press, and program supporters.

 

May
13
DreamIt New York 2013 Announces the Sixteen Selected Companies


DreamIt Ventures, Startl, and Comcast Ventures partner to immerse 65 entrepreneurs in the New York City entrepreneurial community; while providing working space, resources, and a communal atmosphere for three months in Manhattan.

NEW YORK CITY – MAY 10, 2013 – DreamIt Ventures, Startl, and Comcast Ventures today announced the 16 startup companies selected to participate in the DreamIt New York 2013 accelerator program. The Summer 2013 class will enter an intense, three-month bootcamp, beginning Monday, May 13, to rapidly advance their innovative solutions and business models to market. DreamIt New York will be hosting a Kickoff Weekend Reception for the New York City entrepreneurial community at Google on Friday, May 10, 2013 at 6 p.m. to welcome the 16 companies and celebrate the program launch.

The DreamIt New York 2013 program is a collaboration between DreamIt Ventures, Startl, and Comcast Ventures. In addition to the traditional accelerator model, this year’s summer experience includes a specialty track for education technology companies in conjunction with Startl.  Once again, DreamIt Israel’s program returns with a strong group of Israeli-based startups.  Lastly, for the fourth time in two years, the DreamIt Access program will include five minority-led startups sponsored by Comcast Ventures, the venture capital affiliate of Comcast Corporation (Nasdaq: CMCSA, CMCSK) and an investor in the DreamIt Access program.

DreamIt Ventures, DreamIt Israel, Startl, and Comcast Ventures selected the 16 participating companies based on the strength of their founders and their entrepreneurial passion, and the level of innovation in their products or services. Each startup will receive a stipend of up to $25,000. During the three-month boot camp, they will receive in-depth mentoring and coaching from experienced entrepreneurs and industry thought leaders. Additionally, the companies will be provided workspace in Manhattan and have an opportunity to test their business models with potential customers.

“We’re really excited to welcome this incredibly diverse group of companies to DreamIt NYC,” said Mark Wachen, Managing Director, DreamIt New York.  “The competition this year was unprecedented, and the talent level of the entrepreneurs in this year’s program is extraordinary.”

In DreamIt style, the startups accepted to participate are comprised of world-class entrepreneurs. In total, 65 entrepreneurs will participate in the summer cycle. The companies include students and alumni from top institutions, including: Harvard, Massachusetts Institute of Technology, Kellogg School of Management, University of Southern California, Tel Aviv University, and Northwestern University. The class is filled with team members from leading companies like Facebook, Hulu, NBC Universal, Channel Production Films, DoubleClick, Clear Channel Malls, and Ignite NYC.

The 16 selected companies are:

Callida Energy: Smart building SaaS solution for commercial facilities.

CreatorUp: The Online Web Series School:  Learn from top web video experts how to create and market your own videos on the web.

GamePress: GamePress lets you create, share, and play mobile games on your iPad. With GamePress you don’t need to know any programming, or have graphics design skills.

Glassboard: Glassboard is the collaboration network for research and development.

HeyKiki: Aggregation platform for the education space (Kayak for class/activity searches).

Instrumagic: Creates super friendly magical musical instruments on mobile devices

License Buddy: Platform to help licensed professionals to meet continuing education requirements.

Mimoona: Mimoona enables any website to integrate a fully featured crowdfunding platform into their site in less than 30 minutes

Miner: The easy way to deliver highly-contextual mobile content to people that are physically present at any location.

Perkle: an online community that connects consumers, businesses and charities, and rewards them all with great perks for helping each other.

Serviceful: Maids Radar makes it easy to find which House Cleaning Companies are available to clean your house today, without the call or search.

Stylr Inc.: Window shop your favorite clothing stores right from your iPhone. With Stylr you know what is in stock before you go to the store.

TouchBase: Business cards you can tap on any smartphone to download their content immediately and accurately – no camera, no NFC, and no QR codes required.

Trippin’ In: an unique “Engagement meter” for places and sites, measuring the real social pulse of local businesses.

WeDidIt: a web platform and mobile app for nonprofit fundraising.

wireLawyer: LinkedIn for lawyers; creating the largest virtual law practice in the world and improving social advocacy.

The program is located in Manhattan at 555 8th Avenue (between 37th and 38th streets) and runs through August 16, 2013. Demo Day, an invite-only event for investors and media, will be Wednesday, August 7, 2013 in New York City.

Supporting partners of DreamIt New York include marquee sponsors: MorganLewis, EisnerAmper, and LaunchSquad. Additional support from law firm silver sponsors, include: Cooley, Dentons, Schnader Harrison Segal and Lewis, and Orrick, Herrington and Sutcliffe.

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ABOUT DREAMIT VENTURES
DreamIt Ventures is a pre-seed stage venture firm, with the goal of helping great people with great ideas build great companies. DreamIt provides the aspiring entrepreneurs that it selects with pre-seed funding, services from leading law firms and accounting firms, mentoring from seasoned entrepreneurs, access to capital, and a creative, rigorous environment to bring innovative business ideas to market. DreamIt was founded in 2008 by three successful technology entrepreneurs who want to create the same type of opportunities that they were fortunate to have had themselves for the next wave of entrepreneurs.  Since kicking off in Philadelphia DreamIt has expanded to Austin, New York, and Israel; been named the third best accelerator program in the world by Forbes Magazine; and launched 102 companies with an enterprise value greater than $345M. More information about DreamIt Ventures is available online at www.DreamItVentures.com or via email at info@dreamitventures.com.

ABOUT DREAMIT ISRAEL
DreamIt Israel (www.dreamitventures.com/Israel) is a unique program for Israeli startups to open the US and global markets. DreamIt Israel is a four month program with the first month in Israel followed by three months in DreamIt NY where Israeli startups work alongside US and international startups.

ABOUT COMCAST VENTURES
Comcast Ventures (www.comcastventures.com) is the venture capital affiliate of Comcast Corporation. Comcast Ventures invests in innovative businesses that represent the next generation of digital, entertainment, media, social, e-commerceand advertising technologies that will change the way people live, work and interact. Comcast Ventures consists of the previously combined Comcast Interactive Capital and NBCUniversal Peacock Equity Fund.

ABOUT STARTL
Startl is a social enterprise dedicated to accelerating the growth of digital innovations for learning – from kindergarten to college, inside and outside the classroom. Focused on catalyzing next generation products with the greatest promise of transforming the education sector and the learning market, Startl recruits young innovators and entrepreneurs, immerses them in a rigorous product design and development process and helps them build socially responsible and fiscally sustainable start-ups. Startl received funding from the John D. & Catherine T. MacArthur Foundation, the William and Flora Hewlett Foundation, the Bill and Melinda Gates Foundation, the W.K. Kellogg Foundation and the Lumina Foundation. For more information, visit www.Startl.org.

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MEDIA CONTACTS
Dana Rygwelski
DreamIt Ventures
dana(at)dreamitventures(dot)com

Laurie Racine
Startl
Laurie(at)startl(dot)org

Tina Warner
Comcast Ventures
(415) 926-5548
tina_warner(at)comcast(dot)com

May
13
16 Startups Just Won Spots In One Of The Summer’s Most Competitive Accelerator Programs


Business Insider
Alyson Shontell

DreamIt Ventures, a multi-city startup accelerator program like TechStars and Y Combinator, has selected 16 startups for its summer session in New York.

The three-month program gives each startup a stipend of up to $25,000 and mentorship. There’s a Demo Day at the end attended by press and investors. Some of the better known startups to come out of DreamIt are SCVNGRAdaptly, Winston and SeatGeek.

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May
01
DreamIt New York: Kickoff Reception


On Friday, May 10, 2013 from 6:00 pm – 8:00 pm, DreamIt Ventures – in conjunction with Comcast Ventures and Startl – will be hosting a kickoff party at Google to meet the DreamIt New York 2013 companies and other members of the New York and Philadelphia entrepreneurial communities.

We will be providing light snacks and a short program as well as your first opportunity to meet the companies that have been selected to participate in the Summer 2013 accelerator program.  We’re looking forward to seeing you there!

RSVP: http://dreamitnyc2013.eventbrite.com

Apr
29
DreamIt Alum: AppArchitect Lets Anyone Build iOS Apps, No Coding Or Templates Necessary


Jordan Crook
Tech Crunch

Easy app creation, outside of the land of Ruby and Python, has become a huge phenomenon in the last year. And the latest company to join the fold, AppArchitect, is launching straight from our Disrupt NY stage.

AppArchitect lets you build custom iPhone and iPad apps using a simple drag-and-drop interface. That’s right — you need zero coding experience to build your own iPhone app. It’s a brand new world.

Once you log in to the AppArchitect system, you’ll be asked whether you want to make an iPad or iPhone app. From there, you head straight into a dashboard complete with a Screens tab, Library tab with default background and picture options, and a Properties tab where you can handle styling. You can drag and drop backgrounds, images, add text, maps, or links.

From there, you can test and review your app before submitting it to the App Store for approval.

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Apr
25
DreamIt Alum: LevelUp and Merchant Warehouse launch $1m fund to encourage developers to build mobile-payment apps’


The Next Web

LevelUp has partnered with Merchant Warehouse today to launch a $1 million co-sponsored development fund designed to encourage more developers to build apps leveraging its mobile payments platform.

LevelUp has its own iOS and Android app, which users can link to their credit or debit card and then pay for goods using an on-screen QR code.

The technology was supported by hardware running Genius, a unified platform created by Merchant Warehouse, in October last year. The various readers integrate a number of different transaction methods, payment types and customer loyalty schemes to give merchants a ‘one size fits all’ solution for accepting mobile payments.

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