Lean business accelerator to invest in 10 tech startups
Shaker Heights, OH – February 25, 2013 – Shaker LaunchHouse, a lean business accelerator based in Northeast Ohio, is seeking early stage, broad-based technology startups focused on technology, Internet, mobile and hardware/robotics to apply for the LaunchHouse Accelerator (LHX) program. Applications for the LHX 2013 program open March 8, with the program kicking off August 12.
With the $200,000 ONEFund grant, LHX will invest in 10 tech companies consisting of two or more co-founders, to participate in the LHX program. The startups are required to remain in Cleveland for the duration of the 12-week, boot camp-style accelerator program.
From its inception in 2008, LaunchHouse has invested in 40 diverse companies which have raised more than $5.5 million in follow on funding. Since the conclusion of the inaugural LHX 2012 program, the companies have been able to create more than 20 jobs, a majority of which are in Northeast Ohio. Read more... (765 words, estimated 3:04 mins reading time)
Invites venture capitalists and angel investors to attend Showcase Day
SHAKER HEIGHTS, OHIO – Nov. 20, 2012 – The LaunchHouse Accelerator program, also known as LHX, is set to present ten exciting technology based companies to the investment community at the LHX Showcase Day on Wednesday, November 28, from 4-9pm.
The ten teams preparing to graduate from LHX were exposed to a range of topics including concept validation, revenue modeling and customer acquisition. The integration of customer development, first-class mentors and speakers from around the country helped to take these companies to the next level.
The startups have worked day and caffeine-fuelled nights to prepare for Showcase Day and beyond. They were selected out of applicants from around the world for the program, which started September 2012.
The companies provide a range of cutting-edge, broad-based technologies including smart phone apps, online marketplaces and adaptable platforms. The ten companies that will be showcased are:
TagoraRead more... (633 words, estimated 2:32 mins reading time)
Winners Circle Gaming
Last month we spoke with LaunchHouse’s David Greenberg about how they help startups get off the ground with seed money. This month David tells me that they’ve chosen the winners to attend the Tech UnConference. As their press release explains…
LaunchHouse has selected more than 20 teams to pitch and demo their ideas at the Tech UnConference on July 18, from 10am to 3pm. Following the UnConference, LaunchHouse will select 10 teams to participate in the LaunchHouse Accelerator. The inaugural class will begin September 4, 2012.
The LaunchHouse Accelerator is modeled after the nation’s best incubators, like Y Combinator and Tech Stars. Each team will receive a $25,000 investment, as well as resources to assist them with developing their business in order to raise significant follow on capital.
In February 2012, the OhioDepartment of Development, Third Frontier Program awarded LaunchHouse a $200,000 grant to launch the LaunchHouse Accelerator. LaunchHouse is the first and only incubator in Northeast Ohiochosen to receive the Ohio Third Frontier ONEFund grant. Read more... (619 words, 1 image, estimated 2:29 mins reading time)
In the past few days, I’ve had an opportunity to talk with David Greenberg, from LaunchHouse, about one of their accelerator programs giving ten teams of tech start-ups $25,000 in seed money.
Now, unless you live near Cleveland, Ohio where LaunchHouse is based, you probably don’t know much about them.
David explains, “LaunchHouse is an Ohio-based seed capital investment fund, like Y-Combinator or Tech Stars, currently offering $25,000.00 investments to 10 technology based entrepreneurial-teams from around the world.”
“What does an accelerator program in Cleveland, OH have to offer an aspiring entrepreneur? Cleveland is not a Silicon Valley, New York City, or Boston; however, LaunchHouse has played to its geographic strengths and embraced its city’s identity to foster a creative and successful environment for entrepreneurs in Cleveland.”
Below is the official press release on the program. There is a link at the end of this post to the press release on LaunchHouse’s site, and you can find much more information there, or start on their homepage at: www.LaunchHouse.com.
LaunchHouse Accelerator Program Takes Off
by Stephanie Read more... (870 words, 1 image, estimated 3:29 mins reading time)