We are very proud of the rapid progress the inaugural group of Capital Factory companies has made and Demo Day will be an incredible opportunity for these entrepreneurs to showcase their accomplishments
Austin, TX (PRWEB) August 12, 2009
Startup incubator Capital Factory today announced their inaugural "Demo Day" event will be held close to a month from today, on Wednesday, September 9 at the AT&T Conference Center on the University of Texas campus. As the culmination of a ten-week technology incubator program this summer, Capital Factory's Demo Day will provide the five portfolio start-ups with the opportunity to launch their business concept to the world and specifically, to attending investors, to help the companies move toward the future and take things to the next level with their businesses.
Demo Day, 8:30 a.m.-2:00 p.m., will kick-off with a keynote by Mike Maples, managing partner of Maples Investments, followed by 8-minute concept demonstrations from each of the five portfolio companies. After each demonstration, there will also be a brief Q&A from the feedback panel.
The five Company demonstrators include:
- Cubit Planning, which provides data services that help engineering firms get environmental clearance faster.
- Famigo, which developed a platform for game developers to distribute family-friendly mobile games, hosted on a network that brings the family players together.
- HourVille, an online marketplace for local services, empowering freelancers and small service businesses to grow - with online scheduling, marketing and payment tools, and allowing consumers to find the right provider at the right place at the right time.
- PetsMD.com, an online resource that supports pet owners by providing the knowledge and products they need to more effectively manage their pet's health; also supports vets by helping them grow their business.
- SpareFoot, an open marketplace for self storage with options ranging from the units at your local storage facility to your neighbor's garage. What Expedia.com does for travel, SpareFoot does for self storage.
Additionally, after the demonstrations, both attendees and start-ups alike will benefit from a Venture Capital panel, 'What's it Take Today to Build a Super Startup?,' during which veteran investors will combine their varying experiences and perspectives to discuss best practices for securing venture capital and positioning new companies in a positive light. Moderated by Joshua Baer, the panel will feature Satya Patel, Principal at Battery Ventures; Jim Armstrong, Managing Director at Clearstone Venture Partners; Rudy Garza, founder and managing partner at G51, and Bill Wood, Principal at Silverton Partners. Attendees at Demo Day will also be able to enjoy one-on-one access to Capital Factory portfolio companies and hundreds of attending entrepreneurs over lunch.
The corporate sponsors of Demo Day helping to make this inaugural event happen include ThinkTiv, Microsoft BizSpark, Austin Ventures, Red Velvet Events, Silverton Partners and WGSR.
The event is primarily invitation-only, open to technology investors, executives, entrepreneurs and press attendees. To request a ticket to attend Capital Factory's Demo Day on September 9, email firstname.lastname@example.org. The ticket costs $30, which covers parking as well as lunch at the event. The event will also be streamed live to thousands of viewers over the Internet. Check the Capital Factory website to find out more on the video streaming component as more details become available.
"We are very proud of the rapid progress the inaugural group of Capital Factory companies has made and Demo Day will be an incredible opportunity for these entrepreneurs to showcase their accomplishments," said Bryan Menell, co-founder and managing director of Capital Factory. "I think I speak for all of the mentors when I say that working with the five companies proved to be very motivational and energizing for us. They really reminded us of how tireless and inspiring the entrepreneurial spirit is in its purest form. Attendance at Demo Day is limited so interested attendees are encouraged to request tickets soon."
The inaugural summer program all started in April 2009 when Capital Factory founders, Joshua Baer, widely recognized email marketing pioneer who founded OtherInbox; Sam Decker, Chief Marketing Officer at Bazaarvoice, and Bryan Menell, founder of AustinStartup.com, selected the five start-up companies from a pool of over 250 applicants. The winning companies officially kicked off their 10-week program in late May, receiving up to $20,000 in cash as well as weekly mentoring sessions with a select group of proven, successful technology entrepreneurs.
Capital Factory would also like to specially acknowledge the sponsors that played a significant role in making this summer program a success. The sponsors donated everything from brand development support to legal advice to office space to press relations support, among many others. Sponsors to pay tribute to include the following: American Workforce, Clutch Creative, Conjunctured, JungleDisk, Microsoft BizSpark, Mosso, Porter Novelli, Rackspace, Slicehost, Square One Bank, Tech Ranch Austin, The Accounting Group, vcfo and Wilson Sonsini.
Details for next year's program are still underway, but more information, including ways to get involved in the 2010 program, will be available on the Capital Factory website as additional details are confirmed.
About Capital Factory:
Capital Factory is an early stage technology incubator based in Austin, Texas. Startup companies participate in an intense 10-week summer program that gives them up to $20,000 in cash, more than $20,000 in free services, and mentorship by a group of successful entrepreneurs. The program culminates in a demo day where the startups present to investors, the press, and the world. For more information on Capital Factory, visit the website at http://www.capitalfactory.com or on Twitter @capitalfactory. For the full list of 2009 mentors, visit: http://www.capitalfactory.com/mentors.html