Three Minnesota startups are finalists in Nationwide startup competition TiE20, hosted by TiE Midwest. The competition will select 20 early-stage ventures from hundreds of candidates across four industry segments – Internet, Software, Mobile and Media.
Described as “one of the largest entrepreneurship focused conferences in the region attracting successful Entrepreneurs, Venture Capitalists, Angel Investors and Industry Executives,” the 20 winners will be featured at TiECON Midwest 2010 in Dearborn, Michigan on October 28 & 29.
The three startups representing Minnesota are:
DriveAlternatives helps motorists find alternative fueling resources and boasts the Nation’s largest known alternative fuel station and carshare database.
Gimigo is a portable and secure means of keeping personal information up-to-date in an ever changing world of information — from email and phone to mailing addresses and credit cards.
Adaptiveportal is a meta-driven web application platform that is designed from ground-up for deployment in the cloud.
TiE 20 was introduced at last years gathering to increase visibility and connectivity amongst early stage startups. Candidates are “picked from a qualified pool of hundreds of startup nominees by a combination of evaluations, screenings and judging by successful Entrepreneurs, Venture Capitalists, Domain Experts and Public Polling.”
The qualification parameters include: Business Model, Technology / IP, Market Viability and Management Team. Startups should be in the business not more than three years, boot strapped or raised capital not exceeding $1M and are actively engaged in taking the companies to the next level.
TiE 20 winners will be honored with ‘awards of excellence’ and the chance to pitch in front of an audience of hundreds during the two-day entrepreneurship extravaganza. There are 40 finalists in all and today is the last day to cast your votes for Minnesota!