iten monthly newsletter february 2014
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2/27/2014 ITEN Monthly Newsletter- February 2014
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ITEN: Catalyst for Tech Startups Moving Forward
Feb. 2014
In This IssueSign Up For Startup Digest
Featured Event: 2nd Thursday
Show Me SXSW! Trip
2013 Report Names Yurbuds as Region's Top Tech Startup
RespondWell Graduates from Mock Angels
ITEN Entrepreneur In Residence Program (EIR) Has Strong Start.
Featured Company: CrazyForEducation
The Suren G. Dutia and Jas K. Grewal Global Impact Award
A Quick Peek at ITEN's New Website
Companies Are Hiring
StartupDigest The personalized insider newsletter for all things
startup in our area.
Subscribe to the free weekly St. Louis edition ofStartup Digest. With the ever-growing array ofstartup activities in St. Louis, it's hard to knowwhich to attend. Startup Digest can help. Wecurate the events and point you to the best onesfor the week ahead.
Featured Event2nd Thursday
March 13th, 2014 - 4pm until about 6pm -Networking with ITEN companies, mentors,investors and interested friends. (Speaker startsat about 4:20) Topic for February:Bitcoin
2013 Report Names Yurbuds as Region's TopTech Startup
For the second year in a row, local tech startup Yurbuds (www.yurbuds.com) won top honors for theregion, and was recognized in the annual TechStartup Report, released on February 13th byITEN. Yurbuds topped the list of "Top Ten"early-stage tech ventures in St. Louis. Roundingout the top 5 were super-star companies Norse,MulticoreWare, Aisle411 and Lockerdome.
The report also listed the "Fast Ten," specifically recognizing very youngcompanies founded since 2012 that are already gathering steam. In thatcategory, RoverTown was named #1, followed by Pixel Press, Eateria and CrazyFor Education. The report also lists top companies by sector, and contains otherimportant data and commentary about the tech startup community in St. Louis. To create the lists, ITEN employed objective analytics incorporating freelyvolunteered data from the ventures that included revenue, number of employees,outside funding raised, and acceleration of those factors during 2013. The complete lists of Top Ten, Fast Ten, and other successful startups makingthe Honorable Mention list can be seen in the online version of the Report,at https://www.itenstl.org/impact/st-louis-tech-startup-report-2013-year-in-review.
2/27/2014 ITEN Monthly Newsletter- February 2014
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Topic for February:Bitcoin Bitcoin is a digitalsystem that bothstores value andallows value to betransferredanywhere in theworld almostinstantly without the need for third parties. Whilethe future of Bitcoin is uncertain, it is likely thatone or more digital currencies will be acceptedwidely in exchange for goods and services.During this short talk, Vance Crowe and RobLong will be discussing what Bitcoin is, as wellas what opportunities are available fortech entrepreneurs who can imagine servicesand platforms that will increase adoption and useamong the global population. Held at the Tavern of Fine Arts , 313 Belt Ave St.Louis 63112, just off Pershing between Unionand DeBalivere. It's a happy two hours with all ofyour friends from ITEN and beyond. Everyoneis invited; plenty of free parking. Always interesting discussions and it's a greatway for entrepreneurs, investors, mentors andothers interested in networking with and aboutstart-up tech ventures to connect with eachother. 2nd Thursday is open to all and all arewelcome, so do come hang with us! Special heartfelt thanks to our 2nd Thursdayevent sponsors: AHM Financial, and the iSelectFund. 2nd Thursday's Twitter #tag is#2ndThursday . If you missed the last 2nd Thursday, you canwatch videos here.
ITEN 2013 Startup Report Part 1
RespondWell Graduates from Mock Angels
RespondWell (www.respondwell.com), a healthcare IT company, hassuccessfully completed the the Mock Angel program to become ITEN's 29thgraduate, and 4th so far in 2014. The company built and is deploying a fullmotion, sensor-driven interactive tool for physical therapy and rehabilitation. Initial partnerships, enabling a rapid go to market strategy are in place. JohnGrispon is the CEO of the company, and also one of ITEN's Entrepreneurs inResidence, demonstrating that dynamite entrepreneurs are capable of pulling offamazing feats simultaneously. Most Mock Angel graduates deploy compellingproducts and services that drive customer expansion and revenue, and findinterested investors who help accelerate the venture. A list of all of the Mock Angel graduates is at https://www.itenstl.org/programs/for-investors/mock-angel-graduates. Congratulations to John and the RespondWellteam!
ITEN Entrepreneur In Residence Program (EIR)Has Strong Start
In the 2nd half of 2013, ITEN instituted a new resource for its startup companies-the Entrepreneur In Residence Program or EIR Program. EIRs are serial techentrepreneurs who have demonstrated leadership in bringing new technologybusinesses to market. They have the skills and the contacts to rapidlyaccelerate the growth of startups in areas of their choosing and expertise. EIRsare required to work closely with a small group of ITEN startup companies whomutually agree that a good fit exists. ITEN tracks the progress of thoseconnections and is already seeing progress in many cases. Recent EIR additions to the team, Mary Louise Helbig and Chuck Vallurupalli joinJohn Grispon to bring the ITEN EIR total to three. The EIRs have been verybusy adding companies to their portfolios. John Grispon is currently working with the following ITEN companies: Pixel Press: www.projectpixelpress.comAccuteTeleCare: https://gust.com/companies/acutetelecareTechSource 360: www.techsource360.comSparo Labs: www.sparolabs.com Mary Louise Helbig is working with these ITEN companies: Mujo: www.mujonation.comHealthyMe Mobile Solutions: www.healthymehub.comEateria: www.eateria.coCode Red Edcuation: www.coderededucation.com Chuck Vallurupalli is working with these ITEN companies: Time to Cater: www.timetocater.comTeleREDI: www.teleredi.com
Our EIRs are continuing to meet with companies and there are more contracts inthe works but there is still capacity in the program. If you are an ITEN companyinterested in the EIR program, please send an email to Linh Nguyen,[email protected] expressing your interest.
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ITEN 2013 Startup Report Part 2
Calling All Innovators!Show Me SXSW! Trip
It's time to put your masterminds to the test.Startup Missouri is caravanning localentrepreneurs to the South By Southwest(SXSW) Interactive Festival in Austin, TX onMarch 6-12, 2014. Accelerate St. Louis, alongwith Startup Missouri's other partners, aregiving away free bus, badge and board to threedeserving tech startups. If you are part of Missouri's bourgeoning startupscene--or have always wanted to go to SXSW--your seat should be on the Show Me SXSWbus. Check out the discounted rates and seehow a 60 second video and 140 characterdescription could earn you a free seat. Don't wait! Contest ends March 3, 2014. Pleaseemail [email protected]. Want togo for FREE? Click here to find out how!
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Contact: Callie Leitterman Phone: 630-592-8332Email: [email protected]
New St. Louis Private Office
[email protected] expressing your interest.
Featured Company: CrazyForEducation
CrazyForEducation provides Online Video Tutoring through their branduTutor.me. Their lesson acquisition and business model is unique.CrazyForEducation offers free services to teachers who are using amethodology called Flip Teaching or Flipped Classroom. Flip Teaching refers to Flipping the lecture from the classroom to the home,through the use of video recording the lesson, and Flipping the "homework" fromthe home to the classroom. CrazyForEducation provides free ProfessionalDevelopment (PD) to Schools and School Districts, as well as online to teachers,to reveal the benefits of Flip Teaching and show them how easy it is for teachersto record their lessons. They are the only system in the world specificallyDesigned By Flip Teachers, For Flip Teachers™. It allows teachers to Read Your
Students' Minds Even Before Walking Into The Classroom™. This isaccomplished through features built into the system that allow teachers to getfeedback from their students on each video lesson topic. The next day thestudents come to class to do their "homework" with the teacher and their peers tohelp them. Flip teaching results in better grades, better standardized test scores, and lessdisciplinary problems from the students. The students are also more engagedand excited to learn. CrazyForEducation have three primary websites for specific purposes andbranding. CrazyForEducation.com educates teachers and school administrators on theconcepts of Flip Teaching, including interviews with Flip Teachers, and showsvideos of How To Record lessons with free software. FlippinTeachers.com offers a focused free mini-PD on Flip Teaching to guideteachers through the steps on their own. uTutor.me is our subscription site for students from all over the world to receiveOnline Video Tutoring from the Real Lessons From Real Teachers™. We offer avery low rate of only $59.88 per year to access the entire library of lessons on alltopics. CrazyForEducation was ranked no. 4 in the Fast Ten list in the ITEN TechStartup Report for 2013 and is currently participating in ITEN Mock AngelProgram.
The Suren G. Dutia and Jas K. Grewal GlobalImpact Award in the Skandalaris Center After receiving an excellent education at Washington University in St. Louis,including access to mentors and learningin an environment conducive toinnovation, alumnus Suren G. Dutia (BS'63, AB, MS '67) forged a successfulcareer in several industries, includingInternet/e-commerce, medicalinstrumentation and other high-technology businesses. Along the way,he grew into a passionate advocate forinnovation and transdisciplinary, cross-
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New St. Louis Private Officeand New Chic Co-Working
Space About to Open
Downtown St. Louis will soon host a trendy,chic, and modern coworking layout with an openspace and energetic feel. It will be called theClaim Office sharing space. Claim will providethe ideal work environment for startups, smallbusinesses, and entrepreneurs. Claim will offerdesks, co-working desks, private offices, andmeeting/conference rooms. It is the ultimateplace where entrepreneurs and smallbusinesses can work together in a collaborativeoffice space and get access to mentors andresources that will assist in the growth of theirbusinesses.
Claim is being financed and opened by OlaAyeni, Founder and CEO of eateria. eateria isone of the $50,000 Arch Grant recipients in2013. Ola who is a new St. Louis resident, isexcited about the new opportunity that Claim willprovide for up and coming businesses."There is a need for a better and moreprogressive space comparable to other majorcities' private office and co-working space whereideas and visions can be fully ignited," Ayenisaid.
Ayeni got the name "Claim" from St. Louishistory when the westward expansion of theUnited States was driven by the Gold Rush inCalifornia. During that time St. Louis was an entrepreneurial hub wheremany prospectors traded with a growingcommunity of merchants who offered foods,tools, and other supplies. Similarly, Claim willbecome the entrepreneurial hub for a diversegroup of hungry entrepreneurs and startupcompanies.
Those interested in claiming their spot can signup for a tour at www.workatclaim.com.
innovation and transdisciplinary, cross-campus entrepreneurship. Now, he and Jas K. Grewal, his wife andfrequent professional collaborator, arecompleting the circle of opportunitybegun at his alma mater by establishing an endowed fund to assist promisingentrepreneurs and high-growth entrepreneurial ventures to catalyze socialchange. Their gift of $1,025,000 will establish the Suren G. Dutia and Jas K. GrewalGlobal Impact Award in the Skandalaris Center for Entrepreneurial Studies atWUSTL. Click here for application information.
A Quick Peek at ITEN's New Website
As many of you already know, ITEN hasbeen working hard to build a new website tobetter serve the tech startupcommunity. We are very pleased to let youknow that our gorgeous new website willlaunch in the next couple of weeks. We'realready into the testing phase. With the new website, you'll be able to posta job within 2 minutes. It's very easy toaccess all the programs and curriculum.You can also find active mentors online anddo your own Mentor Match. Yes, we arefinally bringing back Mentor Match. MentorMatch enables startups to quickly search allmentors and find the expertise orconnections you need. Search by key wordor use the check boxes to find the mentoryou want, then connect with them directly. Integrity is working with us and the new sitewill be a huge step up for the ITENcommunity. Thanks for your patience.
Company Hiring
Full Time Excel Ninjia
2/27/2014 ITEN Monthly Newsletter- February 2014
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Full Time System Analysts
SPONSORSGet involved
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Questions? Email Jing Stiffler at [email protected] or visit www.itenstl.org
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