Venture Accelerator CSU companies for 2014 competition to be introduced Wednesday

By: InnovatioNews Tuesday December 10, 2013 0 comments Tags: Charisse Bowen, Fort Collins

Colorado State University School of Business logoFORT COLLINS - Thirteen companies consisting of Colorado State University students and their business partners have been selected to take part in the CSU Venture Accelerator program for 2014 and will be introduced Dec. 11.

The first portion of the 2014 program begins Jan. 23 with Immersion Lab, where the companies will work intensely for 16 weeks developing and perfecting their business idea with the goal of being "investor ready" or "launch ready" in May, CSU said.

The companies selected for this year's Venture Accelerator program range from a revolutionary respiratory ventilator to solar-powered apparel.

All 13 companies will be introduced at a public reception on Wednesday, Dec. 11, from 5-7 p.m. in Rockwell Hall West, 501 W. Laurel St.

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"I was blown away by the quality of the business ideas proposed by all 36 applicants for the program," said Charisse Bowen, director of CSU's Institute for Entrepreneurship, which runs the Venture Accelerator program each year.

"Narrowing it down to just 13 was really tough. However, I am confident we have some game-changing businesses in the mix this year."

The program provides entrepreneurship training, advising and mentoring for student-run ventures and is open to all CSU students and their business partners.

"This year's teams will have a unique opportunity to participate in the inaugural Blue Ocean Enterprises' Collegiate Pitch Challenge on May 2," Bowen said.

"It is open to students at all colleges and universities in the state of Colorado and the winner will receive $20,000 in startup funding as well as the opportunity to pitch against other startups in the Blue Ocean Enterprises Challenge on Memorial Day Weekend in Fort Collins, where $250,000 and a year-long mentorship is on the line."

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