12 teams to participate in 12-week program kicking off today
RALEIGH, N.C.--(BUSINESS WIRE)--
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:
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Duvtail delivers productivity solutions to increase engagement
profitability for public accounting firms.
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MDBenchmark is a web-based subscription solution that provides
optimized terms and real-time medical malpractice rates for physicians
and administrators in healthcare.
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Medicom creates a peer-to-peer network for physicians,
radiologists, and medical technicians to safely and efficiently share
sensitive patient information.
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Remedy aims to make managing pain easier for healthcare
providers, while improving patient engagement and quality of care.
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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.
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SeaChange Technologies will provide sustainable systems for
water purification and desalination that significantly reduce energy
requirements.
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Smart Farm Systems delivers precision irrigation systems to
help farmers optimize crop yields and minimize operating and
environmental costs.
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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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HQ Raleigh
Allyson Sutton, +1-919-300-6917
asutton@hqraleigh.com
Source: Red Hat, Inc.
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