FounderTrac Announces its Fall 2018 Cohort!
FounderTrac is a partnership between LAUNCH! Annapolis, Maryland Tech Council, MCVC Partners and TEDCO to bring an Accelerator to Maryland’s Capital
ANNAPOLIS, MD, July 17, 2018 — The FounderTrac Team along with industry representatives have determined the finalists for the second FounderTrac cohort of 2018! With over 60 applications collected from an astonishing amount of high caliber, high growth startups the team scoured applicants, reduced the pool to a little less than half and then held virtual interviews with a panel of judges to determine the final 11 companies that will begin the second cohort in just a few weeks. The finalists of the second FounderTrac Cohort of 2018 are:
Brainchild Technologies — Smart Pacifier for tracking infant neurodevelopment
NaskMe — keeps customers in your mobile platform, connecting them with your curated content so they can collaborate, message and make purchase decisions without leaving your app
DCANTER — personalized wine services to meet your lifestyle
Coglide — AI for Sales
Live Chair — a med tech mobile app for barbers and stylists
Leon Scientific — revolutionizing cellular-based research through bringing Brillouin microscopy to the world market
Lokalphoto — a freelance photography marketplace modernizing how people find & book local photographers
InferCabulary — a K-12, web-based literacy company that teaches vocabulary and critical thinking skills by actively engaging students in order to infer meaning for themselves
RallyBright — helps business leaders and coaches build better teams
SNAX by Mindgrub Robotics — indoor, point-to-point robotic delivery systems powered by beautifully customizable software integrations
Nest Collaborative — breastfeeding success for women everywhere
At the TEDCO Entrepreneur Expo held in the fall of 2017 George Davis, CEO of TEDCO announced the winners of the 2017 Incubator Challenge. FounderTrac was awarded a grant of $125,000 to support and expand the reach of the FounderTrac Program. In presenting the award to FounderTrac, George Davis said,” We are so excited to fund this innovative collaboration between launch Annapolis, Maryland Tech Council and MCVC partners to give Maryland companies the training, mentoring and funding they need to be top tier companies. FoundersTrac rocks!” FounderTrac continues to show huge promise with the startup community and celebrated great success during the first cohort that ended in April, earlier this year.
Ryan Sears, Cofounder of LAUNCH! Annapolis said “We saw another batch of tremendously high-quality applications for the fall cohort. We are brimming with excitement and are looking forward to Demo Day on November 6th!”
FounderTrac is an Annapolis based startup accelerator with a 12-week program to help Entrepreneurs take their companies from idea to high growth. Our finalists mentioned above will be kicking of the next cohort at the end of the summer! Startups who are accepted into the program participate in a 12-week curriculum led by successful entrepreneurs and executives, are matched with an executive Sherpa, and are given the opportunity to gain funding from a dedicated venture capital firm and a robust capital network. Support for participants does not end with graduation. Graduates may enlist in the MIT licensed Maryland Tech Council mentorship program and are encourage to continue their engagement in the FounderTrac/Launch Annapolis community.
FounderTrac Host Sponsor Loews Annapolis Hotel Connects with Local Business
Loews Hotels & Co’s culture is for all our properties to be a Good Neighbor and it is one of our guiding principles to connect with our communities. Loews Annapolis is honored and privileged to work with local and regional businesses and be a great partner and resource. Anchored in Annapolis heritage, and located in the heart of America’s sailing capital, Loews Annapolis Hotel is dedicated to making memorable moments for our guests.
With over 2000 members, LAUNCH! Annapolis is a non-profit organization dedicated to connecting entrepreneurs with resources by hosting educational, networking and social gatherings while pursuing initiatives to support innovation and high-growth startups in the state’s capital. http://launchannapolis.org/
MCVC Partners, a venture capital firm, helps leaders and organizations practice “virtuous commerce.” MCVC Partners helps teams focus, execute, and celebrate their vision while balancing their value proposition with social impact. For more information, visit http://www.mcvcpartners.vc
The Maryland Tech Council
The Maryland Tech Council (MTC) is a collaborative community, actively engaged in building stronger technology and life science companies by supporting the efforts of our individual members. We are the largest technology trade association in the state of Maryland with over 400 members. We support our member companies who are driving innovation through advocacy, education, workforce development, cost savings and connecting entrepreneurial minds. For more information, visit www.mdtechcouncil.com.
TEDCO provides Mentoring, Funding, and Networking opportunities to Entrepreneurs for the accelerated success of an innovation economy in Maryland and beyond.