Seven Startups Selected for Lighthouse Labs' Summer Program
Sunday, May 31, 2020
As reported online with Richmond Times-Dispatch, seven startup businesses founded by alumni of Virginia colleges and universities have been selected to participate in a virtual business accelerator program this summer.
The five-week program managed by the nonprofit Lighthouse Labs is designed to provide mentoring for promising startup companies.
The seven startups that have been selected represent alumni from James Madison University; Liberty University; New River Community College; Old Dominion University; University of Virginia; Virginia Commonwealth University, and the College of William & Mary.
The shorter, more intense mini-accelerator is called Startup Intensive. Each team will receive $7,500 seed investment instead of the typical $20,000.
Startup Intensive and a Startup Sprint program are supported by GO Virginia Region 4, a business-led state economic development initiative that in 2018 provided Lighthouse Labs with a $1 million grant. Support also comes from a matching grant of $1 million from Activation Capital and support from VCU’s da Vinci Center for Innovation.
The selected companies are:
2E1B LAB: a Virginia Beach startup that makes an air filter that cleans itself by utilizing a patented method of disinfecting bioaerosols collected on the filters.
Atlantic Drone: a Richmond-based company that develops unmanned aircraft “drones” to be used by law enforcement, fire, search and rescue agencies.
Kinis: a Richmond-based company that designs and sells shoes to help people move more naturally.
LineBird: a Richmond-based startup with a patent-pending technology that allows unmanned aerial systems to make contact with and work on live power lines up to transmission levels.
Navattic: a startup that enables organizations to seamlessly store, manage and discover pre-sales demos, workshops and proof of concepts.
Pangea Chat: a mobile and web application for users to learn a language while texting friends using in-chat translation and gamified practice made directly from chats.
Sunny Day Fund: a Northern Virginia-based company that provides an emergency and personal savings platform delivered as a benefit by companies to their workers.