LaunchHouse Accelerator Fuels 10 Hot Tech Companies
The LaunchHouse Accelerator program, also known as LHX, is probably not your “typical” business accelerator. The old adage, “work hard, play hard,” is definitely in full swing at the old car dealership that is LaunchHouse. The industrial feeling of the building reflects the gritty process of building companies from the ground up, and that is exactly what the inaugural LHX class has been doing.
The 10 teams that are preparing to graduate from LHX certainly got down and dirty with topics ranging from concept validation and revenue modeling t0 customer acquisition. The integration of customer development, first-class mentors and speakers from around the U.S. helped to take these companies to the next level.
The companies that have been working days and caffeine-fuelled nights were selected out of 57 applicants for the program. These 10 new tech startups from Cleveland are:
The companies provide a range of cutting-edge, broad-based technologies including smart phone apps, online marketplaces and adaptable platforms.
Company building can be messy work as the teams found out, but missteps only led to greater progress toward the main goal: launching a badass, successful company.
"The LaunchHouse Accelerator was a really awesome experience,” Phil Alexander, founder of Quick2LAUNCH, said. “The entrepreneur support we received from LHX gave us daily opportunities to take mentor experiences and turn them into something useful for Quick2LAUNCH."
Collaboration was a key ingredient in helping these teams to get off the ground. LHX provided $25,000 in seed capital, a “structured chaos” environment where the companies were developed and access to mentors.
Speakers and mentors include:
- Brad Boyer, Founder & Owner, Boyer Communications Group
- Anthony Broad Crawford, Chief Product Officer, www.giveforward.com
- Morris Wheeler, Founder & Managing Member, Clarion Direct Investment
- David Willbrand, Partner, Thompson Hine LLP
Still in various stages of development, the 10 companies will debut at Showcase Day on November 28, hosted at Shaker LaunchHouse. At Showcase Day, which marks the culmination of the 12-week LHX Program, companies will demonstrate a proof of concept to investors, potential customers, other entrepreneurs and a public eager to learn about new business growth in the region.
You might not expect Cleveland, Ohio to be a headquarters for edgy, techy “entreprenerds,” but it is. We invite you to see for yourself.