Mar
01
DreamIt Ventures Philly 2012 Showcase brings seven startups to NYC Cloudmine / Dreamit News / ElectNext / Grassroots Unwired / Kwelia / Spling —
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By Yael Borofsky
Seven Philadelphia-based startups traveled to the Big Apple yesterday to pitch a cast of New York investors at the Philly 2012 Showcase in New York hosted by DreamIt Ventures.
The companies — CloudMine, ElectNext, SnipSnap, Grassroots Unwired,Metalayer, Kwelia, and Spling — all participated in DreamIt Ventures’ Fall 2011 Philadelphia program and presented at Demo Day in December 2011. DreamIt hosted the showcase because a number of investors expressed interested in the December Demo Day, but were unable to attend, Kerry Rupp told Technically Philly.
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Dec
07
DreamIt Graduates 14 Startups in Philly, Including 5 Minority-Led Companies Cloudmine / ClrTouch / Dreamit News / ElectNext / Feedback Trail / Flirq / Grassroots Unwired / Kwelia / MetaLayer / News & Updates / Nopone / OneAway / Portfolio / SnipSnap / ThaTrunk —
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by Sarah Perez
On Wednesday, startup incubator DreamIt Ventures is graduating fourteen new companies from its Philly 2011 class. It’s the fourth program from DreamIt in Philadelphia, and the fifth graduating class for the accelerator overall. DreamIt expanded to New York this year, too). This year’s group is notable for featuring several minority-led startups thanks to a collaboration with Comcast Ventures, the venture capital affiliate of Comcast Corporation, as part of its Minority Entrepreneur Accelerator Program (MEAP).
MEAP is the first initiative from the $20 million fund created by Comcast as a part of the acquisition of NBC Universal. The fund will also be used to invest in other minority-led startups and initiatives outside of DreamIt in the future. With Comcast’s participation, DreamIt’s budget for this group was increased by $350,000.
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http://techcrunch.com/2011/12/06/dreamit-graduates-15-startups-in-philly-including-5-minority-led-companies/