Creative Startups Announces Competitors For $50,000 In Venture Funding

Winston-Salem

 

WINSTON-SALEM, N.C., Aug. 8, 2016 /PRNewswire/ -- Ten creative entrepreneurs will compete for $50,000 in venture funding as part of Creative Startups' newest Southeastern Accelerator program in Winston-Salem, NC. The world-class program educates startups on business model development venture funding sources. Hosted by the Center for Creative Economy inWinston-Salem, the goal is to get creative business ventures beyond launch stage to customer acquisition and profitability.

More than 100 applications were received from 19 countries and 21 states, including Washington, DC. The selection process involved reviews by a panel of 14 judges, from business leaders and angel investors, to experts from Creative Startups and the Center for Creative Economy.

For the next six weeks, these 10 companies will participate in an eight-week education program. Among the guest faculty is Lena Ramfelt, Ph.D., Professor at Stanford University and Co-Founder of Gear-up Ventures; Wendy Castleman, Innovation Leader and Design Thinking Strategist at Intuit; Jon Obermeyer, Chief Content Officer at Apogii, Chad Cheek, Owner of Elephant In The Room; Dalton Grein, Fund Executive of the Piedmont Angel Network; and Toni Sikes, CEO of CODAworx.    

Starting on August 8, companies complete in a six-week online course, using Creative Startups' entrepreneurship curriculum. From September 25-30, the companies arrive in Winston-Salem for a "Deep Dive" in which teams work one-on-one with global visionary and creative leaders. During DEMO DAY on September 28, each entrepreneur showcases their company to media, business leaders and potential investors. On September 29, the teams "pitch" their business concepts to funders. OnSeptember 30, three finalists will be announced as recipients to share $50,000 in investment funding.

Major partners and sponsors for Creative Startups-Winston Salem include the Thomas S. Kenan Institute for the Arts, the Arts Council of Winston-Salem and Forsyth County, the City of Winston-Salem, the Wake Forest Innovation Quarter and numerous private businesses and community leaders. 

Competing companies include Alan Henderson Studio, Winston-Salem; Bodhe, Kernersville, NC; Devoted Human, Asheville, NC; Embodied Labs, Chicago; M.I.D. GoodsNashville, TN; Muddy Creek Café, Winston-Salem; Partnr, Atlanta; Redress Raleigh, Raleigh, NC; Taller Nu, Mexico City; and The Feeling Friends, Winston-Salem. 

Creative Startups is headquartered in Albuquerque, NM, and operates accelerator programs around the world, focusing solely on scaling startups in the creative industries.

Originally posted here on PR Newswire