Palm Beach Tech AssociationPalm Beach Tech Association

BOCA RATON, Fla. – Florida Atlantic University’s Tech Runway has selected its third Venture Vintage class of startup companies to participate in the business accelerator program.

The four companies will receive a $25,000 non-equity grant, participate in a 16-week intensive boot camp, and will be provided collaborative workspace for one year. The companies also participate in a formal program for mentoring entrepreneurs and their ventures. The third class of companies are:

  • Child Rescue Coalition is a platform and forensic tool to automate a manual process for law enforcement to help eradicate child sexual exploitation globally protecting children from predators.
  • Power Calc Pac is a cloud based platform patented software company which automatically designs the power distribution system in a building saving users up to 40% in design time and labor costs.
  • TiloTag developed an app that will allow you to discover memories that surround you or allow you to leave a legacy memory for friends and family to discover in the future using technology.
  • SoFla a distinguishing lifestyle brand celebrating South Florida

“FAU Tech Runway’s new startups are innovative and they are excited to get started in our accelerator,” said Kimberly Gramm, associate vice president of FAU Tech Runway.  “They’re poised to build on the success of Venture one and two.”

Supported by FAU and the State of Florida, FAU Tech Runway launched in October 2014 with five companies Venture Vintage I (VVI) pilot group and added Venture Vintage II (VV2). The program is based on two proven models for startup ventures, MIT’s Venture Mentoring Service and Stanford’s NSF-funded Lean Launchpad curriculum. Offered in conjunction with existing resources, FAU Tech Runway provides ventures the “complete” ecosystem for successful launch.

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MORE ABOUT PBT: The Palm Beach Technology Association Inc., or “Palm Beach Tech,” is a non-profit membership association uniting and building the technology industry throughout Palm Beach County. For more information, go to www.PalmBeachTech.org

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