NJ’s Technology Accelerator Launches Startups at Demo Day

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Montclair, New Jersey, July 16, 2014: It was standing room only on Monday, July 14th at host campus Montclair State University to celebrate a third successful season for TechLaunch, NJ’s premier technology accelerator where this year, seven aspiring new companies pitched their startup dreams to an audience of angel investors, venture capitalists and business leaders. The Demo Day event marks the culmination of TechLaunch’s grueling 16-week business bootcamp training program, known as LaunchPad.

Standing Room Only in Exhibit Hall

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Standing Room Only in Exhibit Hall.

To get to LaunchPad, a rigorous selection process rooted out the best & the brightest teams and ideas, ranging from a retrofitted interactive tablet on a supermarket shopping cart to a specialized website which provides an exchange platform for borrowing pricey outdoor camping and sporting gear at a fraction of the cost of buying it.

TechLaunch Founder, Mario Casabona expressed it best when he observed, “As important as Demo Day is for the teams to formally present to an investor audience, it’s just the start as they go on to build their businesses, utilizing the training and resources offered to them during an exciting and challenging LaunchPad. The entire TechLaunch staff and I are very proud of them and look forward to their successes moving forward.”

TechLaunch Founder Mario Casabona Delivers Opening Remarks

So amid the cheers and tears of relief for surviving LaunchPad, the goal for each of the TechLaunch startups is simple: to use the training, guidance and support they received from all the Mentors and Advisors at the accelerator to go out and get the follow-on funding needed to grow their new companies to Success.

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TechLaunch Founder Mario Casabona Delivers Opening Remarks

About TechLaunch:

Formed in collaboration with the NJ Economic Development Authority (EDA) (njeda.com) as a founding sponsor, TechLaunch, an investor led Technology Accelerator, was created in 2012 to drive the commercialization of emerging technology created by aspiring entrepreneurs. Since then it has launched 19 technology focused companies. TechLaunch provides a select group of emerging technology ventures with seed-stage funding, access to over 130 qualified mentors, business training, co-working space, key business services and exposure to qualified investors, through a proven 16-week business boot camp (LaunchPad) program. The program culminates in the July 14th Demo Day with Investor pitches and demonstrations of the developed products. To learn more please visit TechLaunch. Any media inquiries should be directed to Norma@TechLaunch.com.

See the TechLaunch Launchpad 3 companies »