Crowdfunding: Three different models
Thursday, November 14, 2013 from 4:00 PM to 6:00 PM (EST)
New Haven, CT
|Beats of Laughter||BlackStartup||Lab Candy|
Three companies and their leaders share what they have learned so far about Crowdfunding, a collective effort of by individuals who network and pool their money usually via the Internet, to finance a particular project or venture.
Beats of Laughter -- Mona Jhaveri Ph.D.
Beats of Laughter is a non profit organization dedicated to changing how we fight and finance the war on cancer. Beats of Laughter supports a crowdfunding platform to connect individuals seeking dramatically improved outcomes, with bio-entrepreneurs actively working towards cures. Music is their metaphorical torch. The company strategically partners with celebrity and amateur musical artists to promote Beats of Laughter's approach to revolutionizing the war on cancer.
BlackStartup -- Elgin Tucker, J.D.
BlackStartup is a crowdfunding site for ideas, causes and projects that have a positive impact on the African community. The site offers the ability for people to share their business ideas with other members of the online community and others within their personal network. In addition to funding, the site serves as a tool to increase education in the community on the benefits of investing and entrepreneurship.. Through this technology, BlackStartup hopes to address a myriad of issues including overconsumption of consumer goods and underuse of investing vehicles amongst African-Americans. BlackStartup is unique in tht it is a platform that is specifically designed and tailored to a community that already exists. Our eventual goal is the creation of the largest community of African American innovators the world has ever seen.
Lab Candy -- Olivia Pavco-Giaccia
Lab Candy stokes young girls' (k - 3) interest in science by making available fun and fashionable lab gear targeted just for them. Our vision is to change the stereotype image of the old, stodgy male scientist locked alone in a grey lab by encouraging young girls to picture themselves as scientists. Lab Candy has created a product package that contains creative and colorful lab gear designed for young girls with a character-specific storybook. It also contains a Do It Yourself science experiment so that each girl scientist can try the experiment at home while wearing the same cool and fashionable lab gear that the characters are wearing in the book. This is an educational toy that allows girls to engage and emulate a new, fun type of scientist -- the Lab Candy Candy Girls!
Moderator -- Rob Bettigole
Rob is the founder and Managing Partner of Elm Street Ventures. Rob serves as Chairman of P2 Science and Samara Innovations, and is Chairman & CEO of Occam Sciences. He is a board member of AxioMx, Inc., serves as an observer on the BioRelix board, and served as an observer on the boards of Affomix Corporation and Metagenomix. Mr. Bettigole’s venture capital experience was gained at Rothschild Ventures and Investor AB, where his investments included Maxim Integrated Products, Gensia Pharmaceuticals, and Microgenics Corporation. Subsequently, he helped found Surety Technologies, Inc., a spin out from Bellcore, and Alexion (NASDAQ: ALXN), with researchers from the Yale Medical School. Before founding Elm Street, Mr. Bettigole was president of a business that held patents on and marketed a product for bridge construction and rehabilitation, which he successfully developed and sold. Mr. Bettigole has a BS in Engineering and Applied Science from Yale University and an MPPM from the Yale School of Management, where he is an Entrepreneur-in-Residence. He is a Licensed Professional Engineer and holds several U.S. and foreign patents. Mr. Bettigole has served on the Operating Board of the Yale Entrepreneurial Institute since its founding in 2007.
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CURE is the bioscience cluster of Connecticut, a diverse network of small and large life and health care sciences companies, universities, scientists, educators, students, entrepreneurs, mentors, business experts, and investors. Together we cultivate entrepreneurship, build bioscience companies, and collaborate to ensure a sustainable, high-value bioscience and healthcare community that improves our quality of life and keeps the Connecticut economy strong.