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Ninth Annual Philly Startup Weekend comes to Drexel

Bringing a new concept from pitch to actual business is intense enough, but how about attempting it all in one weekend? That’s the idea behind Philly's ninth annual Startup Weekend, coming up November 14 through16. That’s fifty-four hours, to be exact, for participants to muscle their entrepeneurial ideas "from concept to launch."
 
The Startup Weekend, a Seattle-based nonprofit, got its start in Boulder in 2007. Thanks to a grant from the Kauffman Foundation, Startup Weekend is now an international name that has reached almost 30,000 aspiring entrepreneurs at over 325 events. This November, Philly is far from the only spot hosting a Startup Weekend. Cities such as Accra, Ghana, and Auckland, New Zealand, will join in, along with many U.S. cities.
 
In an exciting twist, this is the first year local winners will go on to compete for a shot in the 2014 Global Startup Battle, which is welcoming 30,0000 participants to events in 100 countries.
 
Philly Startup Weekend spokesperson Alisha Hettinger says this year’s incarnation, taking place at Drexel’s Thomas R. Kline School of Law (3320 Market Street), is expected to kick off with "anywhere between 100 to 150 pitches."
 
Attendees will listen to the one-minute pitches and then vote on which ideas they like most. The most popular concepts will get an instant team of advisers, designers and developers for two fast-paced days of work. (In past years, web and mobile applications have gotten the most play.)
 
On Sunday evening, the teams will make a five-minute pitch to a panel of three judges, including Drexel University’s Charles Sacco. The top three teams will win access to a host of business services and move on to compete in regional Global Startup Battle events, which offer a range of major support services as prizes.
  
For more information or tickets to the pitching event or the Sunday night presentations, click here.

Writer: Alaina Mabaso
Source: Alisha Hettinger, Philadelphia Startup Weekend

 

Social media meets personal trainers in a Philly-funded fitness app

Malvern native Matt Madonna is getting only four hours of sleep a night -- when he’s lucky. That’s what happens when you start medical school at the same time your groundbreaking fitness app is preparing to launch.

The Northeastern University graduate majored in health sciences and worked in New York City as a personal trainer with Equinox. But Madonna discovered a big problem: most people couldn’t afford the service. On average, a starting session with a personal trainer can cost $110 to $130.

"It’s crazy," he says. "Who can afford that? There’s got to be a better alternative. The people who needed the training the most weren’t getting it, because they don’t have that [room] in their monthly budget."

Madonna, who rowed crew at Northeastern, began to research fitness and training apps, but couldn’t find anything that was easy-to-use and accessible to a wide range of sports and workout needs. That’s when he got the idea for Athlee, an app he plans to launch in Philadelphia next year.

"We’re like a fusion of Instagram and a really well laid out fitness map," he explains.

Athlee is a one-of-a-kind social network dedicated to fitness, where users (without ads or a monthly fee) can sign up and find other gym mavens or sports players who are sharing training programs. If you like someone’s training methods, goals or results, the app can provide "a standardized library of exercises," demonstrations and tutorials tailored to that workout, all vetted by health professionals.

The app’s platform allows for as much or as little gym-time sharing as you please.

"You can share your program if you want to," says Madonna. "If you don’t want to, it’s completely fine, you can be by yourself."

For those who choose to, the ability to share your progress with other users is a "double motivation," he adds, because you can get inspired by someone else’s workout, and then show your friends you’re doing it.  

An in-app store will let athletes access advice from a specific trainer. Madonna is currently signing up as many as ten trainers per week, each with at least six years professional experience. They’ll help with programs as diverse as weight loss, body-building or figure competitions, or sports from hockey to cross-country.

He designed the whole thing himself, spending countless hours mastering Photoshop on his own to create the platform. Then, something happened.

Seeking funders for his venture in late August, Madonna reached out to the author of rowing magazine story, a former teammate and alum of the University of Pennsylvania. Two days later, they sat down together, and Madonna got the dollars to move ahead with full development of the app -- an initial infusion of $50,000, with $20,000 more pending -- by the following week.   

Athlee will do select beta testing through the end of this year, and Madonna hopes to launch it in January 2015 (prime New Year’s resolution time). The date and location of the launch are TBA, but Madonna thinks Boathouse Row would be the perfect spot.

Writer: Alaina Mabaso
Source: Matt Madonna,
 Madonna Technologies LLC
 

EFE Labs boosts local startups through Ben Franklin Technology Partners alliance

For many aspiring entrepreneurs and small businesses, finding the money to design and prototype their ideas can be a tremendous challenge.

Ben Franklin Technology Partners (BFTP) helps bridge that gap through its various programs and grant offerings, and a new alliance with EFE Laboratories will provide young companies with even more of the connections, technical expertise and financial capital they need to bring their products to market.

Led by majority owner and engineer Kip Anthony, EFE is a leading manufacturer of controllers, communication tools, medical devices, and other electrical and mechanical engineering solutions.

With 35 employees and growing, the Horsham-based lab has already helped clients obtain matching Ben Franklin FabNet (BFFN) prototyping grants.

For example, its work with SureShade has allowed founder Dana Russikoff to both expand the company's market reach, and move the design and manufacturing of its retractable boat shades back to the Philadelphia area.

Not content to simply refer clients to the BFFN program, EFE actively reaches out to growing companies facing various developmental challenges and a lack of R&D capital.

"I’m trying to make sure that, through the network and connections I have, clients receive the help they need to move their manufacturing process forward," says Anthony.

An established engineer with an MBA, Anthony understands the vital role manufacturing plays in the economy, and is passionate about sharing EFE's capabilities and experience with the larger entrepreneurial community.

"There are a lot of good people behind this," he insists, discussing how EFE's new alliance might help bring manufacturing jobs back to the region. "[There’s] a lot of shared passion, and a lot of drive and desire to succeed."

Writer: Dan Eldridge
Source: Kip Anthony, EFE Laboratories

 

Seed funding to expand labs and add jobs at Science Center startup Graphene Frontiers

If you've ever left a doctor's office with an order for lab tests, you’re likely familiar with the inconvenient and stressful experience of waiting days for results that may or may not provide a definitive diagnosis.

Fortunately, thanks to a recent $1.6 million series B seed funding effort led by Trimaran Capital Partners, Science Center-based nanotech startup Graphene Frontiers is poised to put an end to many such experiences by "creating a major paradigm change in medical diagnostics," says CEO Mike Patterson.  

That paradigm change will come from unique biosensor devices that can actually identify antibodies, proteins and other markers of infection and disease.

Graphene has already developed a proprietary and highly efficient process to produce the graphene used in the sensors. The upcoming product will allow testing from a single drop of blood that can be drawn and processed right at your doctor’s office, providing near-immediate results.  

Patterson explains that the company is also working on using its biosensors as a preventative tool -- doctors will be able to monitor changes to a patient’s specific health markers over time. 

While Graphene's early business model relied primarily on providing its namesake material to other researchers, recent seed funding will allow Graphene to "refocus and expand their efforts into more industry changing applications with the [ultra-thin graphene] material," says Patterson.

In addition to job growth and a lab expansion at the Science Center campus, the company plans to pursue opportunities in the consumer electronics industry through a new partnership with the Colleges of Nanoscale Science and Engineering (CNSE) at SUNY Polytechnic Institute in Albany.

Writer: Dan Eldridge
Source: Mike Patterson, Graphene Frontiers
 
 
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