The eFactory, Missouri State University's entrepreneurship center and business incubator, has named the companies that will go through the second round of its business accelerator program.
The five companies are:
• Apt Crowd describes itself as a "solution focused text analytics company targeting engineering technical communities." The company, founded by Chad Boschert, says its analytics algorithms can "improve Q&A forum outcomes by connecting users with quicker answers, expert users, and relevant vendors."
• Let's Do Lunch is "an effective and efficient way to strategically and intentionally organize all of the important personal and business lunches people should be having." The company was founded by Hector Cruz.
• Pull Up A Seat is a "private community marketplace that allows people to find on-demand home cooking for anyone, by anyone." The company was founded by Camille Baker.
• Reaction, founded by Stuart Emerson, is "a mobile first survey platform seeking to make surveys quick and easy."
• Solely Jolie, founded by Amy Blansit, describes itself as "a water-free solution to keeping makeup brushes clear and clean."
Apt Crowd, Let’s Do Lunch and Solely Jolie are Springfield-area companies, according to an eFactory news release. Pull Up A Seat is relocating from Orlando, and Reaction is relocating from Birmingham, Alabama.
Accelerator programs generally aim to speed growth of early stage companies by providing expertise and capital. Companies selected for the eFactory's accelerator receive a $30,000 investment — in addition to other perks such as office space — in exchange for 8 percent equity.
Want to meet the founders? The eFactory will host a free open house to introduce the accelerator companies on Feb. 6 from 5 to 7 p.m.
Source: Click Here Or http://www.news-leader.com/story/news/business/2017/01/15/efactory-names-5-companies-latest-round-accelerator-program/96535406/