FAU’s Tech Runway welcomes 7 startups

BOCA RATON – Seven startup companies have each received checks for $15,000 and won the right to participate in Florida Atlantic University’s Tech Runway 2018 Launch Competition.

The South Florida companies will be provided space at Tech Runway and enter its year-long entrepreneurial program that provides mentoring, resources, networking, assistance raising capital, and other programs to help startup companies progress. They will become Tech Runway’s sixth venture class. The cash award winners were:

Contiguity Spatial Solutions in Sunrise, which provides technological tools such as drones, aerial imagery, digital terrain models and artificial intelligence solutions.

Deal Coach Pro in Delray Beach, which an artificial intelligence-based software designed to improve sales revenue.

Extreme Comms Lab in Boca Raton, which is working on an acoustic communication method underwater for early warning pollution detection. Interchecks Technologies in Delray Beach, which provides a payroll marketplace that is designed for the gig economy. Nesvio, the Lake Worth parent company of TV Lakay, a subscription-based internet and live streaming cable company for delivery to international markets.

Rooster of Delray Beach, which provides software for independently owned service businesses. Rooster’s product helps manage clients, appointments, payments and marketing.

Zimit in Boca Raton, developer of a software platform that manages the procurement process for small- and mediumsized businesses.

“We had an exceptionally talented pool of entrepreneurs and innovators,” said Rhys Williams, associate vice president and managing director of FAU Tech Runway.

In addition, 14 other startups were awarded Tech Runway’s “comprehensive support” in growing their companies.

As new companies were accepted into the program, 19 others graduated from Tech Runway, according to a news release.

FAU Tech Runway is a public-private partnership formed to foster early-stage technology companies, under the purview of FAU’s Division of Research.

The partnership said that in the last three years, the program has generated 298 jobs and more than $23 million in revenue.

FLORIDA ATLANTIC UNIVERSITY/COURTESY Tech Runway Class 6: The seven winners won $15,000 and the right to participate in Florida Atlantic University’s Tech Runway 2018 Launch Competition.