October 7, 2014
Last night at the DC Tech Meetup, DC Mayor Vincent Gray announced the winners of grants from the Digital DC Tech Fund.
The Digital DC Tech Fund is part of Digital DC, an economic development initiative and marketing campaign unveiled in March by the mayor to promote DC as the leading tech startup community.
The $1 million Digital DC Tech Fund provides grants between $25,000 and $200,000 to companies located in a new tech corridor between Mt. Vernon Square and Petworth (or moving there in the next six months). The funding is targeted at post-seed startups who aren’t yet ready to raise a Series A round, and it comes with personalized mentorship and education.
Here are the eight winning startups and their grants, chosen from over 140 applicants:
- Riide ($172,500): A light, fast electric bike that sells for $1,799.
- Landmark ($147,500): A map app that provides visual walking directions, created by Silica Labs.
- Aquicore ($122,500): Energy management software for commercial real estate and industrial facilities.
- Azert ($122,500): Creators of the SmarterSockets, wall sockets that can ping nearby smartphones with anything from notifications of clothing sales for shoppers to the layout of a home for firefighters.
- EventKloud ($97,500): An event marketing tool that helps convince more attendees to sign up with less work on the part of organizers.
- Vino Lovers ($97,500): A personalized, monthly delivery of wine (relaunching on November 1).
- Flexspot ($47,500): Airbnb for parking spots, which lets you rent out and make money on your parking spots when they’re free.
- MyMuzik ($30,000): Creators of the MyMuzik Stand, a digital music stand that will replace cumbersome page turning for musicians.
Watch our video from SXSW, where the City’s Jenifer Boss discusses the Digital DC Tech Fund:
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