Currently browsing: Creative Economy Updates

Three Creative Companies Win Top Prizes from the Velocity Creative Accelerator

Three startups have earned the top seed-stage investment awards in the Center for Creative Economy’s Velocity Creative Accelerator.

In the organization’s fifth annual education and seed funding program, ten creative entrepreneurs completed a 9-week entrepreneur education program that refined their business plans and pitches to investors to be one of the top three startups to split a pool of $50,000 in seed-stage investment.

The Agent Accelerator, a Winston-Salem based startup that helps real estate brokerages scale their business by providing innovative training solutions, took the top award of $25,000, presented by NC IDEA Foundation CEO and President, Thom Ruhe. The Agent Accelerator founder, Chelsea Goodwin, was invited by Winston Starts President, Bob Boles, into their eight-week Explore Program, a startup incubator that provides office space and supportive services to Winston-Salem entrepreneurs.

LiveMo from Seattle received the second-place award of $15,000 with their startup that empowers artists to easily share and monetize their content through LiveMo’s concert live-streaming platform. LiveMo founder, Fernando Turrent, also received a consultation package for $5,000 from Sightsource to further develop their technology.

Running third, receiving $10,000, was FELOH, founded by Camille Heard in Cleveland. FELOH is a social marketplace for hair care and beauty enthusiasts. FELOH also received a day of consulting from Sightsource and $2,500 of in-kind social media marketing services from Royalty Marketing.

Daryl Shaw with Royalty Marketing also presented a marketing and social media award for $2,500 to Y’all Company, uniting people through food and Y’all Sauce, southern charm in a bottle, and Wavlength, a creative agency that helps musicians build their brand and enhance their creative direction by connecting them with a global network of creatives.

Winston Starts also welcomed Upshots, a line of premium alcoholic desserts and savory shots, and MAXIMYZ, a mind focused, gamification platform designed to build smarter and healthier communicating teams, into their Explore program. 

Other awards include additional one-day technology consultations provided by Sightsource, pro bono legal services from Kilpatrick Townsend, business coaching packages from ActionCOACH – Team Hauser, and the Velocity Connections Award presented by SueMo Consulting

40 startups from 11 U.S. states and 11 countries globally applied to participate in this year’s accelerator. Of the 10 startups chosen for the program, 50% are run by women entrepreneurs and 50% are founded by people of color.  

According to Executive Director, Margaret Collins, “We are so proud of the progress made during Velocity this year. The startups really worked hard, honed their business models,  and financials.  They made informative and compelling pitches at the October 1st Demo Day.”

The other companies that completed the Velocity Creative Accelerator included:

  • 2923 Comics (Kansas City, MO): Creates comic books that show the abuse of power in underserved communities, and how to overcome it. Founder Jauquan Herron showcases a wide representation of diverse urban communities within the stories. 
  • Mobiiuz (Lyon, France): A patented add-on for standing desks that encourage users to naturally maintain a healthy posture and expend energy without fatigue while working.
  • OWOGAME (Malaga, Spain): A wireless suit that allows players to feel over 30 different sensations in real-time while playing video games, and controlled through a mobile application, which allows users to increase or decrease the intensity of the sensations.
Read more

Announcing 10 Finalists for Velocity Creative Accelerator

2020 Velocity Creative Accelerator

Winston-Salem, NC (August 11, 2020) – The Center for Creative Economy has selected 10 creative entrepreneurs to participate in the organization’s fifth creative accelerator. Velocity is an intensive high impact program that helps creative entrepreneurs discover their target customers, develop business models, and develop a go-to-market strategy. Top startups in this 9-week program will split a pool of $50,000 in seed-stage funding. 

40 startups from 11 U.S. states and 11 countries globally applied to participate in this year’s accelerator. Of the 10 startups chosen for the program, 50% are run by women entrepreneurs and 50% are founded by people of color.

Velocity will be in session July 28 to October 2 and engages a curriculum developed by Professor of Practice at the UNC Kenan-Flagler Business School, Chris Mumford. This rigorous, street-smart curriculum is organized around the themes of Create, Tell, Sell, and Run, focusing on customer development, financial forecasting, business model, and product-market fit. Startups will also work with professional mentors to guide them through the program.

Due to COVID-19, the entire program is being offered online for those not able to meet in person. CCE will continue with its in-person components, which began with Kick-Off Weekend in Winston-Salem, August 7th through the 9th. Six startups joined CCE for the opening event to jumpstart the program, introduce the cohort and mentors, and catalyze their workflow. 

Participants are invited back to Winston-Salem for Velocity Week taking place September 27th through October 2nd. Post Velocity, startups have the opportunity to continue to work with their mentors and showcase their business to prospective funders. 

Since its inception in 2016, CCE’s creative accelerator has launched 40 companies, with 90% still in business, having made $8.1 million in revenue, raising $7.4 million in investments, and having created 177 jobs. “Our startups have made huge strides each year. We are proud of their great work serving customers and growing their businesses. The 2020 cohort is no exception, and I’m sure will do very well in the marketplace,” says, Margaret Collins, CCE’s Founding Executive Director.  

This year’s cohort is using their creative talents to bring innovation to their industries:

  • 2923 Comics (Kansas City, MO): Creates comic books that show the abuse of power in underserved communities, and how to overcome it. Founder Jauquan Herron showcases a wide representation of diverse urban communities within the stories. 
  • The Agent Accelerator (Winston-Salem, NC): A real estate franchise model and community that provides training and coaching for new real estate agents to thrive.
  • FELOH (Cleveland, OH): A social marketplace for hair care and beauty. Social activity within the platform allows users to earn cash to go towards purchases within the FELOH store. Brands have the ability to post products for purchase.
  • LiveMo (Seattle, WA): a concert live-streaming platform focused on high-quality audio, that makes it easy for artists to share and monetize their content.
  • M1ND 6YM (Winston-Salem, NC): Strengthening mental fitness through uniquely themed interactive, immersive, and engaging brain game adventures both online and in-person.
  • Mobiiuz (Lyon, France): A patented add-on for standing desks that encourage users to naturally maintain a healthy posture and expend energy without fatigue while working.
  • OWOGAME (Malaga, Spain): A wireless suit that allows players to feel over 30 different sensations in real-time while playing video games, and controlled through a mobile application, which allows users to increase or decrease the intensity of the sensations.
  • Upshots (Winston-Salem, NC): A line of premium alcoholic desserts and savory shots in individual servings available through bars, restaurants, and caterers.
  • Wavelength (Philadelphia, PA): A creative agency that helps musicians build their brand and enhance their creative direction by connecting them with a global network of creatives.
  • Y’all Company, Inc. (Winston-Salem, NC): Uniting people through food and Y’all Sauce, southern charm in a bottle.
Read more

Three Creative Startups Are Winners of $50,000 From The Center For Creative Economy

Center for Creative Economy Winners 2018

 The 2018 Creative Startups Winston-Salem Winners Margot and Trevor Toppen of Edumotion, Wendy Hickey of ArtPop Street Gallery, and Kevin Clark of Point Motion

 

“During the past two months, ten creative enterprises completed an 8-week business educational program and came to Winston-Salem, NC, to compete for a split of $50,000 in seed stage investment offered by the Center for Creative Economy as part of the world-class Creative Startups Southeast Accelerator program. In North Carolina alone, creative industries generate $14 billion in wages, salaries and benefits and are a driver of the state’s economic future.”

Read the full press release here.

Recent news articles:

Yes! Weekly – Three Creative Startups Are Winners of $50,000 From The Center For Creative Economy

 

Want to learn more about Creative Startups Winston-Salem? Learn More here. 

Never miss an update on our latest press releases and media news. Click here to sign up for news alerts.

Read more

Maximizing Your Leadership Potential Program

Are you interested in prototyping a new leadership development activity being created by the Center for Creative Leadership?

As part of CCL’s product development process, we invite volunteers to help us test out our new creations free of charge and in return we ask for their input on how to make the experience better.  

On Thursday Nov 9 from 1:30 to 3:30 we will be prototyping a new activity that will provide a chance for participants to practice leadership skills such as communication and influence.  When it is complete, this new activity will be the capstone for our Maximizing Your Leadership Potential Program.  The activity will take 90 minutes and then we’ll have a half an hour to hear what you thought.

If you are interested or to get more information, please contact Diane Reinhold at reinholdd@ccl.org.
Read more

Center for Creative Economy Announces Accelerator Finalists and Awards Funding

The Center for Creative Economy announced the three Winston-Salem based companies that have taken the top prized in the Creative Startups’ Southeastern Accelerator Program.

Read the full press release here.

Recent news articles:

www.bizjournals.com – “Three Winston-Salem companies receive funding from Creative Startups accelerator”

Want to learn more about Creative Startups Winston-Salem? Learn more here.

Never miss an update on our latest press releases and media news. Click here to sign up for news alerts.

Read more

Apply to Creative Startups Winston-Salem to compete for up to $75,000 in funding

Drafting off its first, highly successful business accelerator program, the second annual Creative Startups Winston-Salem is now accepting applications. The world-class program helps creative entrepreneurs develop business models and identify funding. Hosted by the Center for Creative Economy in Winston-Salem, NC, this year’s participants will compete for venture and angel funding up to $75,000 from a range of companies and organizations.

Read full article here

Read more
X
X