Entrepreneurial dreams and ef­forts pay off

Springfield Sun - - NEWS -

The Karen A. Stout Startup Ac­cel­er­a­tor Fund at Mont­gomery County Com­mu­nity Col­lege re­cently an­nounced it will award more than $50,000 in grant fund­ing to five lo­cal busi­ness start-ups to help them fur­ther de­velop their busi­nesses and reach their entrepreneurial goals. Six lo­cal en­trepreneurs were in­vited to present their busi­ness to a panel of judges at MCCC on Feb. 28. Their busi­ness plans were judged based on such cri­te­ria as mar­ket and fi­nan­cial fea­si­bil­ity, value propo­si­tion, com­pe­ti­tion, and po­ten­tial im­pact to Mont­gomery County and the re­gion.

Grant re­cip­i­ents in­clude: Gameplan, a mo­bile app which helps peo­ple make per­son­al­ized group de­ci­sions on where to eat and drink, re­ceived $4,000; Neu­roflow, a soft­ware so­lu­tion which prom­ises to change the way we see brain health, re­ceived $20,000 in­clud­ing $10,000 to be used for con­tinue de­vel­op­ment and clin­i­cal ex­pen­di­tures, and an­other $10,000 to be awarded upon con­fir­ma­tion of FDA sub­mis­sion; Al­pha Bravo Ca­nine, a non-profit or­ga­ni­za­tion that pro­vides ser­vice dogs to vet­er­ans di­ag­nosed with PTSD, re­ceived $3,000; icare­qual­ity, a start-up firm which de­vel­ops scal­able, open­source tech­nol­ogy to ad­vance the sci­ence of the health­care in­dus­try, re­ceived $15,000 to spon­sor a clin­i­cal/im­ple­men­ta­tion trial with a Mont­gomery County hos­pi­tal; and Cry­ten, which pro­vides in­for­ma­tion tech­nol­ogy staffing and re­cruit­ment ser­vices to or­ga­ni­za­tions, re­ceived a $10,000 ad­vance to be paid back in full to the Ac­cel­er­a­tor Fund within one year. How­ever, for ev­ery Norristown res­i­dent or vet­eran hired by Cry­ten, within the year, the pay­back will be re­duced by $2,000. — Sub­mit­ted by Daniel Han­son

SUB­MIT­TED BY DANIEL HAN­SON

John Hoff­man, co-founder of Gameplan, makes the pitch to fund his start-up for the panel of judges in Fe­bru­ary.

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