Much Going On In NJ Tech In Last Month
[This article was taken from NJTW News, an NJTechWeekly.com newsletter. Sign up for it here.]
Catalyst Awards
- Our friends who attended this year’s TechUnited:NJ Catalyst Awards told us that it was a great event in a beautiful setting at the Newark Museum.
- Congratulations to all of those honored! You deserved it! William Swayze is preparing a story on the event which we plan to publish next week.
Startup Showdown
- Jasmine Hoffman, head of experience at TechUnited:NJ hosted another engaging Startup Showdown, this one about climate and energy technology.
- First to pitch was Daniel Farb, founder and CEO, of Flower Turbines (Long Beach, N.Y.), a small wind turbine company billed as “the wind company you want to live next to.”
- Next up was winner Jerah Siegal, founder of BioDome (Mount Laurel), who pitched his automated agricultural growth pods.
- The pods will be placed on the roofs of luxury apartment buildings to provide fresh vegetables as an amenity for the tenants.
Founders & Funders
- The New Jersey Economic Development Authority (NJEDA) held a Founders & Funders event that matched New Jersey startup founders with potential investors.
- Founders in attendance told us that the event led to good, 10-minute conversations with investors.
- The investors often offered guidance on founders’ pitches and business models, and on revenue streams that could help make them more attractive to investors for future funding.
- Several of the founders we spoke to said that at least one investor had asked to hear more about their product or service.
- We’ll have an article on the event shortly.