MNvest finds bipartisan support for crowdfunding in Minnesota

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MNVest

MNvest’s movement to improve securities regulations around intrastate crowdfunding in Minnesota continues.

The preliminary legislation has acquired four early endorsements: Senators Terri Bonoff (D) & Branden Petersen (R); Representatives Joe Atkins (D) & Jennifer Loon (R).

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Northern Girls Who Code club is the first chapter in Minnesota

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By Bethany Wesley, Bemidji Pioneer

“BEMIDJI — Summer Crow was interested the moment she first heard of an emerging computer-programming club for girls.

“I was intrigued instantly,” said the seventh-grader, who attends Schoolcraft Learning Community.  She wasn’t alone. When Jennifer Theisen, a programmer/analyst at Bemidji State University, founded the northern Minnesota chapter of Girls Who Code earlier this year, she initially hoped that maybe 10 girls would be interested in joining. She now maintains a roster of around 50 girls in sixth through 12th grade.”

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[Video] Startups pitch at MobDemo

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MobDemoThe third annual MobDemo competition occurred last week during the two day MobCon event downtown Minneapolis.

Eight local mobile startups took the stage to give their best 5 minute product pitch to a live audience on Thursday. In the end, Little Peanut on the Go emerged victorious, per audience judgement. Second place went to mobile sales training platform SalesFitness and social networking matchmaker SparkStarter came in third. Here’s all eight pitches:

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OceanTech rides bigger jobs to faster sales growth

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By Neal St. Anthony, Star Tribune

OceanTech, a two-man electronic-waste recycler at inception in 2005, is putting up electric numbers as it takes bigger jobs decommissioning and reselling equipment from large firms and data centers.

OceanTech was founded by entrepreneurs Alex Sumetsky, 35, and Mikhail Zabezhinsky, 33, who worked for small recyclers a decade ago while they were students at the University of Minnesota. They struck out on their own in the Plymouth garage of Zabezhinsky’s parents, just as Minnesota and other states passed laws that banned dumping or incinerating TVs, computers and other electronic waste.”

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Alcohol delivery app Drinkfly launches in the Twin Cities

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By Jim Hammerand, Minneapolis-St. Paul Business Journal

“A smartphone app for ordering beer, wine and liquor for delivery within the hour launched in the Twin Cities area Monday. Brothers Alex and Will Cullen launched Drinkfly in Chicago in April.

Now the free iPhone and Android app has partnered with South Lyndale Liquors in Minneapolis, Liquor Vault in St. Paul and Adair Liquors in Crystal.”

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Beta Byte: GRUMBL

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GrumblBeta Byte is a series underwritten by Cushman & Wakefield/NorthMarq for that early stage tech found somewhere between idea and traction.

What is the name of the company and/or product? Where is it found online?

GRUMBL – TheGreenHabit.com/GRUMBL

What problem does this solve?

There are $165Billion of food waste each year. 56% of this from the commercial sector. Food waste = Edible, safe, uneaten food… Better known as “excess food inventory.” GRUMBL allows businesses to monetize on food waste while dually offering people insane deals.

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Thank You Sponsor: InboxDollars

by The TECHdotMN Team

It is important to recognize those who financially sponsor TECHdotMN because their contribution helps to advance Minnesota’s technology industry.

Thank you InboxDollars for reinvesting!

What does InboxDollars do and why?

InboxDollars connects consumers and advertisers together in a way that benefits both. Consumers earn cash rewards for engaging in a variety of online and mobile activities, such as searching, shopping, taking surveys, playing games, watching videos and more.  Advertisers can reach millions of engaged consumers, and most importantly only pay for results that are delivered. Since its founding, InboxDollars has paid consumers more than $35 million while delivering substantial value to its advertising partners.

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Stratasys’ Makerbot division acquires CA software startup Layer By Layer

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Via News Release

“BROOKLYN, N.Y.– [Stratasys] MakerBot is pleased to announce the acquisition of the start-up software company Layer By Layer. Layer By Layer, originally based in California, joined MakerBot to help create user-friendly platforms that are fully assimilated into the MakerBot® 3D Ecosystem and has been working with MakerBot on developing systems that help make 3D printing technology easier and more accessible through innovations in design combined with computer science. The goal of the acquisition of Layer By Layer is to help accelerate MakerBot’s position in the entertainment and 3D printing management spaces, as part of its effort to build a more robust 3D ecosystem. “

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GiveMN.org raises the bar for charitable online fundraising in MN

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Via News Release

“MINNEAPOLIS – Nov. 14, 2014 – Nonprofits and schools across the state raised a record-breaking $18,316,626 during yesterday’s sixth annual Give to the Max Day, a 24-hour online give-a-thon. More than 62,607 people donated to 5,544 organizations through GiveMN.org. This represents a 20 percent increase in the number of donors and a 25 percent increase in the number of organizations receiving gifts compared to last year’s Give to the Max Day, which raised a total of $17.1 million dollars.”

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Little Peanut on the Go wins Mobdemo 2014

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Eight unique mobile startups took the stage yesterday to make their best quick pitch for the live audience during the annual mobile conference known as MobCon.

Ranked on technical merit, innovation and potential profitability — event attendees have spoken and selected Little Peanut on the Go as the winner of this years MobDemo competition.

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