Category Archives: Utah Startups

January G2M Phase I Winners

Congratulations to the G2M Phase I Award winners for January 2015: 1) SnoreHero, a medical device that comfortably eliminates snoring, providing a restful night’s sleep, 2) DealTik, and 3) WordUp. Funds and training are provided by the Utah Science Technology and Research (USTAR) initiative, in partnership with the Utah Valley Business Resource Center (UVU BRC). USTAR assists companies and universities turn ideas into products. The UVU Business Resources Center has a number of tools, resources and organizations to assist local businesses.

SnoreHero is a medical device that comfortably eliminates snoring, providing a restful night’s sleep. It works by keeping the upper airway open during sleep, effectively preventing the vibrations of the uvula and soft pallet that produce the sound known as “snoring.” The device has the added benefit of helping users take in more oxygen as they sleep. This provides more energy throughout the day, as well as decreased risk of serious health problems such as heart disease and stroke. SnoreHero is a simple, effective, affordable alternative to more expensive solutions, such as surgery.

DealTik is a new, innovative mobile application that aids in the success of local businesses. It is a mobile application used to drive traffic to businesses during the slower hours of the day.

WordUp believes that people can transform one another when they discover who each other truly is. We are reinventing language learning by breaking down international barriers and allowing anyone to explore the people of the world. Intermixed with personalized language learning curriculum we provide opportunities for our users to engage in 2-player real-time casual games with native speakers. Before any of the game play, though, we ask you multiple questions to tailor make the perfect language learning path for you to meet your specific goals. After 2.5 years of R&D and 3 prototypes we are nearing our public launch. Go to WordUpGames.com to get in line for access to our closed beta group.

Phase I pitches are conducted at noon on the 4th Thursday of each month at the UVU BRC. They are open to the public. In order to pitch and receive funding a company must go through our G2M Phase I Training, based on lean startup, proof of concept, and market validation principles. Once companies complete their customer validation and market testing, and turn in the results, they can pitch in front of the crowd of peers – other companies going through the program. They are judged on a scale of 1 to 10 whether they have 1) found a monetizeable pain or a customer or market problem that people are willing to pay for, 2) have a team that can execute in starting and scaling a company, and 3) whether they were intellectually honest in their research.

To learn more or apply to the USTAR/UVU G2M Business Accelerator, please visit www.uvu.edu/brc/accelerator/ .

Pushbutton 2014 to Celebrate Utah Digital Media

-­‐      An  Evening  of  Recognition  for  Digital  Media  Innovators  -­‐

SALT LAKE CITY, October 14, 2014 – Grow Utah, Salt Lake County and Zions Bank announced today their hosting of the Utah’s premier digital media event, Pushbutton 2014. From games to animation, special effects to technical tool sets, and video to social campaigns, Pushbutton will celebrate and recognize Utah’s digital media innovators.

This year’s event, slated for the evening of November 12 at the Rose Wagner Performing Arts Center in Salt Lake City, will bring together leaders, students and supporters of all forms and uses of digital media. Now in its fourth year, this event is proving to be a highlight for anyone interested in Utah’s digital   media scene.

The event is organized and hosted by Grow Utah, Salt Lake County and Zions Bank. Event sponsors include Durham Jones and Pinegar, USTAR, Utah Valley University, EDUC, and BoomStartUp.

“We are thrilled to co-­‐host this event,” said A Scott Anderson, President and CEO of Zions Bank. “Utah’s digital media industry is thriving and growing with significant job opportunities available to our tech savvy work force.”

“Salt Lake County has an exceptional talent pool when it comes to digital media,” said Mayor Ben McAdams. “One of my top economic development priorities is to support this growing industry which holds the promise of good-­‐paying jobs for our graduates and fits perfectly in our thriving metropolitan business model.”

Event organizer, T. Craig Bott of Grow Utah highlighted new features of the 2014 event. “This year Pushbutton will center on an evening of recognition and awards that promises excitement, competition, innovative presentations, food and entertainment.”

Three new cash awards will be presented at Pushbutton. These include awards for the Best Student Work-­‐$3,000; Best Use of Digital Media-­‐ $3,000 and Best Digital Media Innovation-­‐ $10,000. Selected finalists will pitch their innovation on stage with the winner being selected by the crowd via text voting.

Highlights of Pushbutton 2014 will include:

Pocket Fest Film Festival

Selected winners from Utah’s first Pocket Fest film festival will be showcased. Pocket Fest spotlights all original film created on a mobile device (smartphone, tablet, and/or action cam).

Salt Lake Comic Con-­‐ Best Use of Digital Media Award Winner

Salt Lake Comic Con will receive the Best Use of Digital Media Award. Key executives from Salt Lake Comic Con will share their winning social marketing strategy and techniques that have propelled Salt Lake Comic Con to become the “best Comic Con in the world” as declared by Stan Lee, with attendance exceeding 100,000 attendees.

Reception and Showcase

An evening reception of food, networking and innovation displays will be held prior to the awards event.

Pushbutton Digital Media Legacy Award

The Pushbutton Legacy Award will be given to a leader in Utah’s digital media field for their contribution to the growth of the industry.

Best Student Work Award

As a part of Pushbutton 2014, a cash award will be given to the Best Student Work in digital media for the work created by a team of full time students.

Best Digital Media Innovation Award

Pushbutton’s premier award of $10,000 will be given to the winning digital media innovator. Three finalists will pitch their event on stage and be selected by a crowd vote from those in attendance.

On-­‐Stage After Party

An on-­‐stage after party will be hosted for all those in attendance.

Registration and event details can be found at www.PushButtonSummit.com  To accommodate all those interested, sponsors have helped reduce the price to only $10 this year. Summit seating is limited so early registration is recommended.

About Grow Utah Ventures

Grow Utah Ventures, is a privately funded, non-­‐profit organization dedicated to accelerate the creation of innovative, entrepreneur-­‐led, high-­‐growth businesses that will strengthen and expand the future growth of Utah’s economy. The vision of Grow Utah Ventures is to create a robust entrepreneurial eco-­‐ system in Utah that fosters entrepreneurial talent, drives innovation to solve market needs, aligns community resources and support, and ensures funding for products, entrepreneurs and businesses of promise.  Pushbutton is one of many industry related events that Grow Utah hosts throughout the year to foster innovation.

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PR Contacts: Justin Bott Grow Utah (801) 593-­‐2269

info@growutah.co

Salt Lake City Meets Value Proposition Design

Phase II of the G2M Business Accelerator is focused partly on developing a Business Model Canvas as described in the book Business Model Generation. A later book is being published called Value Proposition Design. The authors will be Salt Lake on October 24th from 5:30pm to 7:30pm at the event Salt Lake City Meets Value Proposition Design. You can register to attend HERE.

EVENT DETAILS:

The international success of Business Model Generation and the Business Model Canvas inspired us to celebrate the launch of the bestseller’s sequel – Value Proposition Design – with the international community of innovators and Strategyzer

We want visionaries that defy traditional business approaches to meet, brainstorm, and together, to revolutionise the fields of Innovation & Strategy by introducing more tools and structured approaches that catalyse value creation. With the force of this global community, we can together change the way business is done, forever.

We’re inviting enthusiasts that have pre-ordered the new book Value Proposition Design to join our event in Salt Lake City to network, attend a Q&A with the authors, win Strategyzer prizes and meet like-minded people to build extraordinary business models and value propositions.

Don’t wait to gain access to a proven methodology to succeed with value propositions that sell, embedded in profitable business models!

Please note that a printed copy of the book purchase receipt is mandatoryfor admission to this event! You can purchase the book here: www.strategyzer.com/value-proposition-design!

UVEF EPIC Ventures’ Hot 100 Award

Now Accepting Applications

UVEF is now accepting applications for the EPIC Ventures’ Hot 100 Award. This award will recognize the 100 most buzzed about companies in Utah under 5 years old. There is no minimum income requirement or employee threshold to apply for this award. As long as you have a registered business in Utah under 5 years old, you can apply.

To submit your companies’ application, just visit click this link http://uvef.net/contests/utahs-hot-100-award/. Winners will be announced on December 1st.

Copyright © 2014 Utah Venture Entrepreneur Forum, All rights reserved.

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G2M Business Accelerator Award Winners – September

Congratulations to the G2M Phase I Award winners for September: Jobpiper and NuTeam Freedom. JobPiper believes in building legendary companies by helping companies to “clone” their best employees. Nuteamfreedom provides an automated marketing system for network marketers. Funds and training are provided by the Utah Science Technology and Research (USTAR) initiative, in partnership with the Utah Valley Business Resource Center (UVU BRC). USTAR assists companies and universities turn ideas into products. The UVU Business Resources Center has a number of tools, resources and organizations to assist local businesses.

“At JobPiper, we believe in building legendary companies by helping them hire great people. In fact, we “clone” companies’ best employees. Using our “cloning” software, companies discover what attributes their top employees possess and then find job candidates with those same attributes. JobPiper is currently cloning top employees for Namify, iTok, MoneyDesktop, and the Galactic Empire (don’t tell Disney; they might sue us).” Derik Krauss, CEO of JobPiper.

“NuTeam’s FreedomCycle is the first fully-automated, content-rich, social marketing system designed for network marketers. It provides professionally created interactive emails that help introduce, educate, motivate and populate your downline…automatically. Simply enter a contact’s name and email address and FreedomCycle will send product and opportunity related emails, filled with content, videos, research studies, follow-ups and more to help convert your contacts to customers and distributors.” Greg Johnson, Owner, Nuteamfreedom.

Phase I pitches are conducted at noon on the 4th Thursday of each month at the UVU BRC. In order to pitch and receive funding a company must go through our G2M Phase I Training, based on lean startup, proof of concept, and market validation principles. Once companies complete their customer validation and market testing, and turn in the results, they can pitch in front of the crowd of peers – other companies going through the program. They are judged on a scale of 1 to 10 whether they have 1) found a monetizeable pain or a customer or market problem that people are willing to pay for, 2) have a team that can execute in starting and scaling a company, and 3) whether they were intellectually honest in their research.

To learn more or apply to the USTAR/UVU G2M Business Accelerator, please visit www.uvu.edu/brc/accelerator/ .

Startups from Utah’s University Technologies

Some of the 2014 numbers are out. Utah’s University Technologies are becoming startup companies or are being licensed out to help existing companies. Don’t be left out! There are technologies available at all of Utah’s Universities.

Bryce Hansen (he has been a CFO/CPA for several SBIR/STTR companies, graduated with a Tech commercialization focused MBA, and worked with the Utah Fund of Funds) will be offering a Technology Commercialization Assistance at a free, monthly consultation.  The first one is on Oct 13, 3-5pm.  He can work with companies during that time period. He has been on the funding side, the accounting side, and recently has been working in the strategic marketing side of technology companies.

You can find Utah University technologies at the following locations, or contact Peter Jay with USTAR Central at 815 West 1250 South Orem, UT 84005, (801) 863-6821:

  • University of Utah Technologies: You can view some of the technologies recently developed at the University of Utah at its Technology Publisheror contact USTAR Central.
  • Utah State University Technologies: Utah State University is rapidly disclosing and acquiring intellectual property as well. You can view technologies recently developed at Utah State University at its Innovation Catalogor contact USTAR Central.
  • Brigham Young University: BYU has a list of available technologies at: http://techtransfer.byu.edu/technologies
  • Utah Valley University: For UVU Technologies, please visit: http://www.uvu.edu/brc/innovateuvu/

Here are some of the 2014 numbers from the University of Utah.

UofU2014

Grant money is available to help university spinoffs. Over $6 Million in grant money was given out in 2013 and nearly as much already in 2014.

UofU2014-2