2015 Raleigh Innovators Program Announces Startup Lineup
September 10 2015 - 8:00AM
Business Wire
12 teams to participate in 12-week program
kicking off today
The 2015 Raleigh Innovators Program today announced the 12 teams
that will be participating in this year's Raleigh Innovators
Program. The 3-month, cohort-driven, mentor-assisted accelerator
program is powered by a coalition of organizations, including the
Citrix Startup Accelerator, Red Hat, Cherokee, HQ Raleigh and the
City of Raleigh, in an effort to make Raleigh a leading center of
innovation.
The Citrix Startup Accelerator, which also hosts innovator
programs in Bangalore, Santa Barbara, and Silicon Valley, is
becoming a mainstay in Raleigh for startups looking to build and
bring new products to market. The program prepares startups to
raise their first significant round of funding through intensive
design thinking and lean startup coaching.
The 12 teams chosen this year edged out a very strong pool of
applicants, with submissions coming from across the U.S. including
San Francisco, New York City, Los Angeles, and Denver, as well as
countries like Brazil and India.
These finalists include a diverse set of teams tackling problems
that range from repurposing harmful waste to challenges facing
enterprise technology, healthcare, agriculture and beyond.
Below is a brief look at the teams that made it into the 12-week
accelerator program:
- Duvtail delivers productivity
solutions to increase engagement profitability for public
accounting firms.
- MDBenchmark is a web-based
subscription solution that provides optimized terms and real-time
medical malpractice rates for physicians and administrators in
healthcare.
- Medicom creates a peer-to-peer
network for physicians, radiologists, and medical technicians to
safely and efficiently share sensitive patient information.
- Remedy aims to make managing
pain easier for healthcare providers, while improving patient
engagement and quality of care.
- Rocktron Mineral Services uses
its patented, zero-waste process to transform fresh or stored fly
ash from an environmental and economic liability into valuable
mineral additives for plastics manufacturing.
- SeaChange Technologies will
provide sustainable systems for water purification and desalination
that significantly reduce energy requirements.
- Smart Farm Systems delivers
precision irrigation systems to help farmers optimize crop yields
and minimize operating and environmental costs.
- TaskTorch is a social workflow
platform that helps teams coordinate their work. By combining ideas
from project management systems and social networks, making
employees less stressed, teams more productive, and companies more
efficient.
Rounding out the 12 teams in the Innovators Program are 4 groups
of Intrapreneurs from Red Hat and Citrix who are looking to build
new lines of businesses to help keep these enterprise software
companies at the forefront of technology innovation.
The Innovators Program will conclude with a Demo Day in early
December where the startups will present their businesses to the
Raleigh innovation community.
Supporting Quote:
John McIntyre, managing director, Citrix Startup Accelerator
“The startups that we’ve selected for this year’s Innovators
Program are the strongest we’ve seen across all of our global
locations. While the teams have a lot of hard work ahead of them
over the next 3 months, we are confident that they will be in
excellent shape come December.”
About Citrix Startup Accelerator
The Citrix Startup Accelerator cultivates breakthrough mobile,
cloud and collaboration technologies and is focused on the ‘future
of work’. The Innovator’s and Seed Funding Programs are focused on
fostering early stage startups that bring a fresh approach to
solving today’s greatest business challenges. For more information,
visit www.citrixstartupaccelerator.com
About Red Hat, Inc.
Red Hat is the world's leading provider of open source software
solutions, using a community powered approach to reliable and
high-performing cloud, Linux, middleware, storage and
virtualization technologies. Red Hat also offers award-winning
support, training, and consulting services. As the connective hub
in a global network of enterprises, partners, and open source
communities, Red Hat helps create relevant, innovative technologies
that liberate resources for growth and prepare customers for the
future of IT. Learn more at www.redhat.com.
About Cherokee
Cherokee is an investment company that blends capital with
creativity, experience and resolve to provide superior financial,
environmental and social returns for investors, partners and
communities. As an environmentally focused investment company,
Cherokee has raised over $2 billion in private equity funds focused
on brownfield remediation and, separately, founded a number of
environmental businesses and invested in over 80 startups and
venture funds in the past 30 years. To learn more, visit
www.cherokeefund.com.
About HQ Raleigh
HQ Raleigh is a shared workspace designed to provide an
environment that empowers, fosters, and cultivates startups that
produce long-term job growth and positive social impact. HQ Raleigh
addresses two challenges that entrepreneurs face: building a
trusted support community and gaining access to flexible,
affordable office space. To learn more, visit www.hqraleigh.com
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version on businesswire.com: http://www.businesswire.com/news/home/20150910005805/en/
HQ RaleighAllyson Sutton,
+1-919-300-6917asutton@hqraleigh.com
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