Ranking 19th on Forbes for America’s Most Entrepreneurial Universities, it’s safe to say that CU- Boulder is making strides towards success in the entrepreneurial world. And I think it’s fair to send our appreciation to Catalyze CU- Boulder.
If you don’t already know, Catalyze CU-Boulder is an accelerator startup program designed for CU Students and Faculty. The program ran this summer for eight weeks and students had the opportunity to work with world class mentors to build companies from the ground up. The program provides a $4,500 grant for each team as well as free space to work at Spark Boulder.
Demo Day was an evening for the six companies to shine and display all of their hard work over the past eight weeks. The companies this summer were: IconPulse, Shinesty, Global Solar Inc., Mallinda, Dynamic Measurements, and QuintEssentials. Each company gave a ten minute presentation proposing their business plan and next steps to success. They asked the audience (which consisted of potential investors, fellow students, family and friends) to consider each of them as they move forward.
Quick intros to the featured companies:
- IconPluse: measures an athletes and team’s brand influence and the app provides an in-depth analytics about their fan base.
- Shinesty: helps people find unique and outrageous clothing for themed parties and events.
- Global Solar Inc.: provides nicaraguan farmers with a sustainable solar irrigation solution.
- Mallinda: uses polymer chemistry to create custom fitted plastics for orthotics and occupational therapy.
- Dynamic Measurement Solutions: measures the displacement of residual limb in a prosthetic socket.
- QuintEssentials makes shopping for personal care in college easy by shipping to students from parents.
After watching all six of these companies propose such structured and thoughtful business plans, Shinesty stood out as the most creative. I even signed up to be a part of their mailing list! As a college student who loves to dress up for parties and special events, I will find use out of their retro and outlandish collection of clothing. One of the best parts of Shinesty is the company’s ability to target a variety of audiences. It works well for students and school parties, but it also works perfectly for office parties helping target older generations.
The packed crowd filed out of the auditorium and got to interact with each company; asking them further questions, sharing their thoughts, and simply congratulating them for their hard work. Each attendee received two fake $5 bills and gave it to their favorite company. The winner Shinesty had the most votes and was rewarded with $325 from the Catalyze CU program to help them solidify their company goals and move towards profit.