PRESS RELEASE: Winners of reSET’s 2017 Venture Showcase Revealed
–Three Connecticut Startups Awarded $30,000 in Unrestricted Funding–
(Hartford, Conn., May 18, 2017) – reSET, the Social Enterprise Trust (www.reSETCo.org), whose mission is advancing the social enterprise sector and supporting entrepreneurs of all stripes, revealed the winners of its 2017 Venture Showcase last night at The Mark Twain House and Museum to a sellout crowd of 200.
The annual event recognizes the talented entrepreneurs and innovative businesses that have just graduated from reSET’s nationally recognized accelerator. 17 early stage enterprises graduated from the recent cohort, and last night, seven finalists competed for $30,000 in unrestricted funding.
The entrepreneurs pitched their business models to an audience of founders, investors, and community and corporate stakeholders. An esteemed panel of judges, including Tony Vengrove of Miles Finch Innovation, Michael Nicastro of Continuity, and Lalitha Shivaswamy of Helios Management Corporation, selected the ultimate winners.
Recipients of the competition’s three “reSET Impact Awards” are listed below, as is the winner of the “Tech Impact Award,” which was given by reSET’s Founding Partner and the evening’s Presenting Platinum Sponsor The Walker Group.
reSET Impact Awards:
$10,000
Career Path
http://www.careerpathmobile.com
$6,000
Pelletric
$4,000
Phood
The Walker Group’s Tech Impact Award:
$10,000
Phood
Other Finalists:
Almasuite
Eureeka BI
Optima Sports System
Sweetflexx
The Showcase’s prize purse was made possible by a handful of reSET’s community partners: The Walker Group (Presenting Platinum Sponsor), The Hartford (Platinum Sponsor), Eversource (Gold Sponsor), AT&T (Gold Sponsor), Accounting Resources, Inc. (Silver Sponsor), Qualidigm (Silver Sponsor), CT By the Numbers (Silver Sponsor), and Aeton Law Partners (Silver Sponsor). The David Alan Hospitality Group and Capture provided in-kind services.
reSET also receives generous support from its Strategic Partners: The Walker Group, Connecticut Innovations, MetroHartford Alliance, and the Connecticut Department of Economic and Community Development.
Since its inception, reSET has awarded more than a quarter of a million dollars to scaling ventures. Graduates of the organization’s accelerator have generated $4.4 million in revenue and have taken on $5.5 million in investment.
About reSET
reSET, the Social Enterprise Trust is a non-profit organization whose mission is to advance the social enterprise sector. Its strategic goals are threefold: to be the “go-to” place for impact entrepreneurs, to make Hartford the Impact City, and Connecticut the social enterprise state.
reSET serves all entrepreneurs, but specializes in social enterprise ― impact driven business with a double and sometimes triple bottom line. In addition to providing co-working space and accelerator and mentoring programs, reSET aims to inspire innovation and community collaboration, and to support entrepreneurs in creating market-based solutions to community challenges. reSET’s goal is to meet entrepreneurs wherever they are in their trajectory and to help them take their businesses to the next level.
