Today, July 16th, IDEA has officially “launched” its first round of successful ventures. Each of the six ventures have completed IDEA’s “Ready, Set, Go” program to become investment ready or self-sustaining. They will remain in the IDEA family with access to its investor network and any relationships they have established, but they will no longer have an assigned coach or be eligible for Gap/prototype funding .
The ventures include:
Akrivis is a biotech company committed to the early detection, diagnosis and treatment of life-threatening disease. They have been an IDEA venture since January 2012 and have received $10,000 in Gap funding.
influencers@ is an influence marketing agency that increases brand awareness and boots sales through street and web marketing campaigns driven by our gen-y and gen-x community of influencers. They have been an IDEA venture since November 2011 and are becoming a service provider.
Mini Pops manufactures a unique and delicious addition to the snack food industry: air-popped and seasoned organic sorghum grain, organically farmed in the USA. They have been an IDEA venture since November 2010 and have received $10,000 in Gap funding.
Monkier Guitars is the first custom guitar maker to allow customers to design and purchase a new electric guitar online. They have been an IDEA venture since August 2011 and have received $20,000 in Gap funding.
Pure Pest Management is a service company that specializes in safe and natural control of mosquitoes, ticks, deer, and indoor bugs in residential, commercial, and recreational areas. They have been an IDEA venture since November 2010 and have received $10,000 in Gap funding.
Tuatara is the first Digital Learning platform designed to leverage the shift from paper textbooks to eTextbooks in order to focus on the unique learning styles of end-users. They have been an IDEA venture since February 2011 and have received $10,000 in Gap funding. Additionally, Tuatara has raised over $2 million in friends and family funding.
This is an incredibly significant milestone because each of these successful ventures are proof that the student-led model is indeed lucrative. Additionally, they are testament to the value of IDEA’s services and resources. These ventures have worked incredibly hard for their accomplishments and IDEA is excited to see what’s in store for them next!