Press Release: DISCOVER THE NEXT BIG THING IN CREATIVE ENTREPRENEURSHIP

Ten finalists in “Velocity,” the fourth annual education and seed funding accelerator for creative entrepreneurs, will present their innovative business concepts during DEMO NIGHT.  Velocity is presented by the Center for Creative Economy (CCE) in Winston-Salem, NC.

During DEMO NIGHT the 10 companies will showcase their initiatives to media, funding prospects and businesses.

The 10 entrepreneurial companies have been participating in a 9-week education and mentoring program that culminates with the top three startups splitting a pool of $50,000 in seed-stage investment.

At DEMO NIGHT, you can explore the demo tables and hear each team’s pitch.

NEW THIS YEAR: Funding awards will be announced at the event.

DATE: Thursday, September 26, 2019

TIME: Doors open at 5PM. Program begins at 6PM.

LOCATION: Biotech Place, Wake Forest Innovation Quarter
575 N. Patterson Ave., Winston-Salem, NC

NOTES: The event is FREE. Registration is required at:   https://www.centerforcreativeeconomy.com/2019-demo-night

  • Free drinks and food, while supplies last.
  • The event is free and open to the public.

DEMO NIGHT is presented in collaboration with Wake Forest Innovation Quarter and  Venture Cafe Winston-Salem!

ADDITIONAL DETAILS

42 companies from 11 countries applied to participate in this year’s Velocity program.

Of the 10 companies selected for the program, 70 percent are run by female entrepreneurs and half of the teams have people of color in their leadership.

From July 30 to September 27, “Velocity” used a rigorous 24-module educational curriculum developed by Professor of Practice at the UNC Kenan-Flagler Business School, Chris Mumford. CCE licensed Mumford’s curriculum and created collaborative content to create the Velocity accelerator. The entrepreneurs also worked with professional mentors to guide them through the program.

The entrepreneurs will be in Winston-Salem for the five-day VELOCITY WEEK, from September 22-27 in Winston-Salem, to work directly with global visionaries and creative leaders.

According to the 2018 Creative Startups Impact Report issued by CCE, 30 companies have participated in its prior accelerators; and 87 percent are still thriving. “Our startups have raised $3.1 million in funding and generated $3.4 million in revenues” added CCE Director, Margaret Collins. “Our accelerator has proven its success in creating more than 50 jobs and helping creative entrepreneurs succeed. We’re especially proud of the fact that 70 percent of the founders of the companies in our program are women- or minority-owned.”

The new cohort’s companies challenge old ways of doing business and offer new, creative solutions:

  • AstraHive (Winston-Salem, NC): A cloud-based dashboard that aggregates information and data from third-party applications into an efficient, easy-to-use platform that allows crafty creators to manage key statistics about their businesses.
  • Audiciones Latinas (Mexico City, Mexico): A professional web-based service for music and entertainment artists where users can cast and contact the artists they need.
  • Elevate Insoles (Winston-Salem, NC): Creators of bespoke, 3D-printed orthotics to high-caliber athletics, on demand.
  • The GINA Project (Columbia, MO): Developers of a gamified platform to help individuals who suffer from anxiety disorders lead empowered and balanced lives.
  • iScribble (Raleigh, NC): An online service that enhances the artistic community by providing a universal drawing software where artists can collaborate with one another in real time.
  • Live Furnish Inc. (New Delhi, India): A photography automation platform for the home textiles and furnishing industries.
  • The Nexus Center (San Francisco, CA): Offers classes to improve your physical, mental, and emotional health via an all-in-one membership program.
  • Momtography (Lovettsville, VA): A community for moms who want to learn how to use photography and their creative skills to capture what matters and create a life they love.
  • Bloom Collective (Winston-Salem, NC): Promotes economic opportunity through environmentally and culturally sustainable microbusinesses, including crafting, gardening/farming and catering services.
  • Tokyn (Winston-Salem, NC): Empowers board gamers to discover, connect and play new games with like-minded players at wholesale prices.

The Center for Creative Economy is a non-profit organization that helps launch, grow, and accelerate creative businesses.