MESA Rolls Out ‘Seed’ For Mentorship of Early Stage Tech Startups

Categories

MESAMinnesota Emerging Software Advisory — aka MESA –is rolling out ‘Seed’ to augment their C-level mentorship model with a new pathway for local tech startups seeking guidance from others who may have been there before.

As formed in 2009, MESA’s missions is to “make Minnesota’s software community among the most vibrant by providing C-level mentoring for CEOs of emerging software companies.”

Since then, MESA has grown to 21 mentors, engaged with over unique 30 companies and graduated 13 to date.

Now, with Seed, pre-revenue startups have an opportunity to participate provided that they: (1)  Offer a value proposition with significant market opportunity, (2) have  viable  software that already exists and (3) are led by a coachable founder/CEO.

“We’re introducing Seed to serve more companies with the intention of helping them grow into the regular MESA system originally created,” says spokesperson Jim Moar.  “We have the hard evidence and entrepreneur testimonials that what we’re doing is valuable, so it’s time for broader reach and impact.”

Under the original MESA model, now called “Core,” a qualified post-revenue company is paired with two local tech mentors for monthly meetings over a duration of 2-3 years.  In exchange, the company pays MESA somewhere between $500-$2,000/year for administrative overhead as MESA’s mentors are unpaid volunteers who do not take equity.

Under Seed, a single mentor is matched and there is no cost whatsoever for participating companies up to a year. The objective is simply to help the mentee achieve a more significant presence in their respective market and become a revenue-generating scalable enterprise.

18 companies overall are currently active within MESA’s portfolio, and of those, six are already enrolled in Seed.

RELATED

MESA Modestly Marches On

MESA’s matchmaking has momentum

Seasoned Minnesota Tech Execs Form New Advisory Group

sponsor

Veteran Led Tech Startup Intervotion Targets First Responders

Categories

Screen Shot 2017-02-21 at 10.36.17 AMWe’ve all seen futuristic sci-fi movies that depict sophisticated law enforcement operations, the ones where commanders pull up 3D holographic layouts of a building’s interior while outlining the team’s strategic plan.

While current methods are nowhere near that level of advancement, you might not realize just how big the gap is.

Michael O’Leary says that in his discussions with police, paramedics and firefighters across the country, he has been told that Google Maps often provides better location logistics than the antiquated systems used by departments.

In the information age, emergency services are lagging behind, and O’Leary sees that as a major problem.

Read More »

Beta.MN/ Byte: Basin Commerce

sourced

Categories

Screen Shot 2017-02-14 at 10.22.57 AMBeta.MN/ Byte is a series underwritten by Bust Out Solutions and published in collaboration with Beta.MN for the early-stage founders between idea and execution.

 
What is the name of the company and/or product?

Basin Commerce operates and on-line marketplace for buying logistics services for bulk freight.

What problem does this solve for who and how does this create value for them?

Finding and buying bulk freight logistics and transportation services still operates as it has for 50 years. Buyers make dozens of phone calls and emails. This saves time, increases the number of options and assures lowest prices.

Read More »

Twin Cities Companies Team Up For Virtual Reality Property Showings

sourced

Categories

Screen Shot 2017-02-14 at 6.22.54 AMBy Nick Williams, Minneapolis-St. Paul Business Journal

Spacecrafting, a provider of architectural imagery and videos, recently partnered with Realvision, a tech startup that uses 3D technology, to offer virtual-reality services to Realtors and developers in the Twin Cities for their property showings.”

Read More…

HealthIT Startup Ambient Clinical Analytics Closes On $3.9m of Series A

Ambient_FullColorRochester-headquartered Ambient Clinical Analytics has closed on $3.9m of $5.4m series A funding round according to this recent SEC disclosure.

Created in partnership with the Mayo Clinic, Ambient Clinical Analytics launched its initial big data platform AWARE for hospital ERs & ICUs in early 2014.

Read More »

Target Launches New Mini-Accelerator For Health-Related Startups

sourced

Categories

By Kavita Kumar, Star Tribune

target-sign-pictures-target-logo-pictures4“While Target Corp. may be cutting some internal innovation initiatives, it hasn’t lost its appetite for working with start-ups.

The Minneapolis-based retailer is launching a new program called “Target Takeoff” to help support health- and wellness-related start-ups through a sort of mini-accelerator. It’s one of a growing number of programs in the Twin Cities aimed at helping young companies find their way and connect with the major retailers in town.”

Read More…

Post Navigation