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Iowa Startup Accelerator Adds Additional Focus on Transportation Tech
  • USA - English


News provided by

Iowa Startup Accelerator

May 27, 2014, 03:00 ET

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Cedar Rapids, IA (PRWEB) May 27, 2014 -- With a month to go in the application cycle, the Iowa Startup Accelerator announces the addition of transportation technology to the current focus areas of agriculture, healthcare and education technologies. The new focus will be supported by the network of mentors the program has amassed, and also by the addition of three experts in the evolving field of transportation technology:

• Hass Machlab, President & CEO of Innovative Software Engineering, focused on vehicle telematics, regulatory compliance for fleets, and fleet management.

The National Advanced Driving Simulator is here. We build combines and tractors that drive themselves… Guidance systems for airliners, drones and missiles are engineered and built here.

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• Ron Stahlberg, President of Innomatix, a software firm that develops automotive software.

• Joe Justice, CEO of Wikispeed, which builds 100MPG cars using Agile methods. Joe’s team placed 10th in the Progressive Automotive XPrize competition to develop 100MPG cars in 2010.

The program expects to add several additional mentors with a transportation focus in the next month.

“Iowa is home to an incredible array of transportation industry expertise,” says Eric Engelmann, Managing Director of Iowa Startup Accelerator. “The National Advanced Driving Simulator is here. We build combines and tractors that drive themselves. We’re home to some of the largest transportation companies in the U.S., like CRST and Heartland Express. Guidance systems for airliners, drones and missiles are engineered and built here. We’re going to use the Accelerator as an opportunity to advance this sector even further in Iowa.”

Apply online at http://www.iowastartupaccelerator.com.

Applicants to the program will compete for a place in the sought-after accelerator, and those startups that make the cut receive access to world-class mentors, $20,000 in seed funding, and have the opportunity take up residence in a fully-furnished, collaborative workspace in Geonetric’s currently-under-construction 45,000 square-foot building in the New Bohemia neighborhood with access to a direct fiber connection.

At the end of the 90 days, each team will be ready to pitch their concept to a number of angel and venture capital investors to garner additional capital.

“What we are doing is connecting our teams with the expertise and the funding they need to go from idea to launch,” says David Tominsky, Program Manager. “If your team is ready, apply to the accelerator. If we select your team, know that we will do everything in our power to help you succeed.”

Interested teams and individuals are encouraged to apply online at IowaStartupAccelerator.com. Applications are being accepted through June 22, 2014. The 90 day program will begin on August 4, 2014.

About the Iowa Startup Accelerator:
The Iowa Startup Accelerator is an intensive program that matches tech-based startups, especially those in agriculture, health, education and transportation technology, with world-class mentors, Midwestern work ethic, seed funding and development expertise to take them from concept to successful launch in 90 days.

Jennifer Neumann, Iowa Startup Accelerator, http://www.iowastartupaccelerator.com, +1 (319) 265-6686, [email protected]

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