Bytelion and Select 6 Team up to Help Minority, Women and Veteran-led Ventures Shed Weight and Become Lean Startups!

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Bytelion, software design firm based in MD, teams up with Select 6 to build the first crowdfunding website with a "Lean" startup accelerator and online media channel featuring minority, women and veteran-led (MWV) startups and projects. Transforming entrepreneurial and innovative ventures into Lean Startups - 6 adventures at a time!

Bytelion

We are excited to work with Select 6 to develop such a meaningful platform for MWVs, we will continue to serve as a resource for Select 6 and S6 Pilots to get lean in their web development and startup approach.

Bytelion, (pronounced Byte-Lion) MD-based software design firm, is helping small companies and medium-sized enterprises approach web development in a big way, while staying "Lean." Working with Select 6, the two companies have teamed up to create a new crowdfunding platform and startup accelerator for Minority, Women and Veteran-led (MWV) startups and projects to raise money, awareness, and find Angel support for their big ideas and projects. Their aim is to launch the beta site in November.

What's unique about the Select 6 platform is that it puts the spotlight on 6 crowdfunding projects at a time instead of hosting thousands of live projects. Potential projects will apply and go through a selection process before they are featured on the site. Moreover, founders or “Pilots” of featured projects will be enlisted in the company's own S6 Startup Accelerator and online media channel to receive the full attention and support that thousands of startups compete for each year to enter programs like YCombinator and Techstars.

All businesses take an immense amount of energy, time, and resources to transform an idea into a viable product, service, or website for a set of customers and users in the market. You can research, calculate, plan and re-plan, but the startup runway is inherently laid with myriad surprises, turns, unknowns and additional costs. The important thing is to maximize your learning so that you know when and how to steer your product or service development.

The "Lean" approach to software development in Silicon Valley and the "Lean Startup" approach, made synonymous by Eric Ries, author and speaker, is at the heart of what Bytelion is doing for clients and partners like Select 6.

All startups are born from an idea and a set of assumptions - the Lean Startup approach focuses your initial energy and resources on testing those assumptions in practical experiments and small batches that allow you to quickly produce a "Minimum Viable Product" (MVP) that you can test with real customers, and get real feedback in making a product that customers will actually buy.

This is a very simple yet powerful concept that streamlines your early development efforts to maximize learning. If you are not focusing your initial energies on testing one of your key assumptions about product viability, or your ability to reach your target market, you are wasting your time and money on the unknown, since you don't actually know if target customers will pay your price for your new product or service.

Bytelion’s CEO, Terrance McGregor shares: “We are excited to work with Select 6 to develop such a meaningful platform for MWVs, we will continue to serve as a resource for Select 6 and S6 Pilots to get lean in their web development and startup approach. Staying Lean and agile is the only way to go for SMEs because we can't anticipate and predict everything, but we help clients get from idea to product faster with daily incremental improvements and updates that they can track and control. Time after time, we see that going lean speeds up the development process and keeps costs under control.”

The mission of Select 6 is to help MWV-led startups create success stories in the marketplace and community; To share the education, experience and entertainment that is entrepreneurship & innovation with the public; To create sound investments in promising startups that can scale and expand.

Howard Cheng, founder and Chief Entrepreneur of Select 6, is emphatic about one thing: "We want to help MWV entrepreneurs and innovators find their wings and take flight with the help of diverse communities because we believe in their potential, creativity and tenacity. Entrepreneurship and innovation are key engines of economic and community growth, and Select 6 is our solution to addressing a national concern of creating value and jobs in the marketplace."

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Nicola Barnett
Select 6, LLC
302.351.8228
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