Sunday, July 11, 2010

Tech Across The MidWest - Chicago’s Excelerate Labs Graduates Nine Startups

Chicago’s Excelerate Labs Graduates Nine Startups

by Leena Rao on Jul 11, 2010

We recently wrote about the launch of a Y Combinator and TechStars-like startup incubator in Chicago, Excelerate Labs. The program’s nine fledgling startups are set to graduate from the inaugural session of the incubator in a few weeks. Here’s a brief look at the startups that will be graduating from the incubator.

FanGo Software Systems: FanGo produces an iPhone app and mobile commerce ordering system that allows fans at stadiums and arenas to order concession food and drinks directly from their iPhone app. Food is then delivered to the fan’s seat, allowing fans to avoid long lines at food stands in stadiums. The startup is already in progress of negotiating deals with professional sports stadiums across the country.

Noblivity: Noblivity aims to bring trade shows for small boutiques and manufacturers online. Its online marketplace aims to connect small brands to small specialty stores to order jewelry, clothing, and home goods for their stock. It’s similar in theory to to Etsy, but aims to be more of a B2B platform.

PVPower: The startup simplifies the installation of solar power projects by developing a productivity tools for solar installers. The web-based application allows any contractor or installer to source solar panels, learn the best practices for installation and more.

Tap Me: Tap Me’s advertising platform iComplishments hopes to bring advertising revenue to game developers with an in-game advertising technology. The technology allows developers to reward gameplay with advertiser branded points and virtual gifts.

WeGather: WeGather’s goal is to offer religious institutions a custom based software to create a community website to engage participants. The SaaS platform helps increase donations, improves volunteer participation, centralizes e-communications, and helps create calendars.

TransFS: TransFS is a comparison shopping site for credit card processors. The startup aims to help merchants save money on credit card fees and also conducts reverse auctions to solicit competing bids from credit card processing companies. Merchants can then review each proposal and select the bid that saves the most money.

EduLender: EduLender, which has yet to launch, is a comparison search engine for student loans. You simply enter your name, location and financial information, and EduLender will show you all of the lenders serving your area that offer student loans, requisite interest rates, and what your loan will cost in real dollars in an apples-to-apples comparison.

GiveForward: GiveForward is an online fundraising tool aimed at a niche audience. The platform aims to make it easy for people to raise money for a loved one’s medical expenses. The allows anyone to create customizable fundraising pages where friends and family from across the world can donate online.

MathZee: MathZee aims to make learning math more fun for small children. The online platform teaches math via games that utilize audio, visual, and interactive features.

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