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Baiada Institute for Entrepreneurship Drexel University

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t Drexel University Baiada Institute for Entrepreneurship Student and Recent Graduate - Incubating Companies Annual Report 2017 The Baiada Institute for Entrepreneurship, a core component of the Charles D. Close School of Entrepreneurship, serves as the startup incubator for Drexel students and recent graduates who are launching new ventures. Our community of entrepreneurs benefits from hands-on advising and mentoring, a variety of competitions designed to test their ideas, programming designed to accelerate their progress and facilitated connections to the regional entrepreneurship ecosystem.
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Page 1: Baiada Institute for Entrepreneurship Drexel University

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Drexel UniversityBaiada Institute for Entrepreneurship

Student and Recent Graduate - Incubating Companies

Annual Report2017

The Baiada Institute for Entrepreneurship, a core component of the Charles D. Close School of Entrepreneurship, serves as the startup incubator for Drexel students and recent

graduates who are launching new ventures. Our community of entrepreneurs benefits from hands-on advising and mentoring, a variety of competitions designed to test their ideas, programming designed to accelerate their progress and facilitated connections to the

regional entrepreneurship ecosystem.

Page 2: Baiada Institute for Entrepreneurship Drexel University

Baiada Incubator 2017 Annual Report

METRICS

2

MEDIA/MENTIONS

Indu

strie

s

28 CompaniesIncubated

(in 2017)

Drexel Schools Represented

Close School of EntrepreneurshipCollege of Arts and Sciences

College of ComputingCollege of Engineering

LeBow College of BusinessWestphal School of Media Arts and Design

23

5Over $400k

in investment, competition prizes and crowdfunding campaigns

Resident startups

Early-stage ideas

GamingLegalSafetySocial Media and Content Marketing EntertainmentFood ProductsFood DeliveryAutonomous VehiclesEdTechSpeech Training

Bicycle SafetyFitnessWellnessLanguage LearningTravelAuto IndustrySolarBlockchainClothingRetail

The Princeton Review's Top Schools for Entrepreneurship Studies for 2018

Page 3: Baiada Institute for Entrepreneurship Drexel University

Baiada Incubator 2017 Annual Report

ANNOUNCEMENTS

3

NEW COMPANIES

$16,286

pledged of $15,000 goal

An app that allows you to order ahead and skip the line at food trucks

A stationary in-car driving simulator for autonomous

driving, in order to educate people about the

technology in a safe way

Nick Nankos

Cameron Hansen

CROWDFUNDING

DREXEL STARTUP FEST WINNERSPROJECT ONE, TEAMRATE AND TRUCKBUX get a total of $25,000 in funding

Co-founded by Nick Nanakos and Cameron Hansen, students in LeBow College of Business

Co-founded by Roaa Elgabrouny and Eric Leggett, students in the College of Engineering

Co-founded by Mansoor Siddiqui and Zafar Saifi, graduates of the College of Computing the College of Arts and Sciences

Students Category: Boost Linguistics

Just Plain Cool Category: Gossamer Games

Accepted to NextFab accelerator

$115,707

pledged of $30,000 goal

JonLoeb

A creative YouTube channel that produces a variety of

entertaining material, suitable for a wide range of

audiences.Noah

TaitanoRyan Burton

Page 4: Baiada Institute for Entrepreneurship Drexel University

Baiada Incubator 2017 Annual Report

4

CURRENTLY INCUBATING COMPANIESCOMPANY NAME DESCRIPTIONAllcore Residential and commercial property rehabilitation

AnneeLondon A game changer in the bike industry that blends health, wellness, and fitness with the demands of modern fashion

Boost Linguistics A neurolinguistics software company that supports a new generation of writers using artificial intelligence to craft emotionally compelling stories

ChocAmo An artisan dessert company whose trade secret cookie cup recipe allows the cups to hold any liquid hot or cold

Course Roots A B2B platform that aims to drive communal learning efforts outside the classroom, enable fast and efficient interactions, and enable faculty to progressively learn from student behavior.

Emergency Information Systems LLC Offers decal and hardware products which increase the situational awareness of emergency responders throughout incidents in high-occupancy buildings

Eoko An employee engagement platform for businesses

Gossamer Games An independent game studio creating ambitious aesthetic-driven experiences that explore games as an empathetic and expressive artform

JitSik A stationary in-car driving simulator for autonomous driving, in order to educate people about the technology in a safe way

DPSS DPSS aims to Deter, Observe, and Respond to public safety concerns using Optical Technology in high-traffic areas

Kasoma A community of storytellers, videographers sharing everyday stories about Africa

KLCUISINE INC A platform specialised in providing online and mobile ordering and delivery of African, Caribbean and Halal food

LawDecoder A comprehensive search engine to find translations of laws pertaining to their problems, and match people to attorneys based on these problems

Love Live Serve A creative YouTube channel that produces a variety of entertaining material, suitable for a wide range of audiences.

WhyFitA corporate wellness program that helps employees lose weight and adopt a healthier lifestyle in their busy daily routine by following fitness and nutritional recommendations, and tracking progress through various health assessments

Orai An app that uses machine learning to give feedback relating to filler words, pacing, word clarity and vocal energy to help users curate their word choices when for public speaking

Project OneAn intelligent learning platform that empowers individuals and organizations to capture and share expert knowledge in a way that’s more engaging and less confusing than the technology currently available for online learning.

Rezzio A video resume company looking to transition the application process of today into a more well-rounded, personal, and up-to-date experience by adding video resumes to the application process

Silk An up-and-coming platform in the travel ecosystem looking to drive more involvement in the culture of destinations

Strictly Featured A clothing company that collaborates with local visual artists as a way of supporting and bringing exposure to emerging talent. and photographers

SunGo Solar power solutions to help power blockchain data center operations

TeamRate An app that creates the ideal team for class projects by matching skills and personality traits with the help of artificial intelligence and the Myers-Briggs personality assessment questionnaire

TruckBux An app that allows you to order ahead and skip the line at food trucks

Startup investment funding raised by Drexel graduates is nearly $18M over the past five years and over $28M over the past 10 years. Contact Chuck Sacco at [email protected] to learn more about our

incubating student and recent graduate companies.


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