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The Manchester Young Professionals Network has doled out more than $155,000 in cash and in kind services to Granite State entrepreneurs over the past five years in packages that include professional help from lawyers, accountants and other professionals and some seed money.
Alex Hollis asked the audience to think back to the last time they took a standardized test: "You probably walked into that testing center with a feeling in your gut like you just ate a bunch of lead pellets. . "A million people have to take that test every year in a corporate setting in order to get that new job or to get that raise," Hollis said.
But all learned something valuable from the experience: Starting a business is tough work.
Michael Muldoon, who co founded Ustabilize with his wife, Monica Muldoon, said his company had a "game changing product to increase your fitness and improve the way you move by turning your smartphone into a fitness game." The Hampton couple developed a gaming platform and a series of app enabled devices that allow users to improve their stability through a series of movement challenges. The physical therapist made note of the high percentage of Granite State residents who are overweight or obese. He referred to the company's product as "Wii Fit on steroids."
For Melissa Tagliamonte of Dreamy Paws, that meant creating a portable pet bed with a storage area that functions like a piece of luggage. Inside, there's room for leashes, pet bowls and chew toys. The Salem resident said she saw no such product when she researched pet beds online and in pet stores. Rather than buy something they will never use, why not send a mobile gift card to their cellphone that they can use to get what they really want from local merchants around the university. "My grandmother loved to send me gifts in college, but she never got it right," Streitmater said. And TechLok's tracking features help you recover that laptop should someone lift it from the coffee shop.
Before a crowd of about 75 people, the founders of Dreamy Paws, Regaalo, TechLok, New England Culinary Center, Ustablize and TestSoup made their public debut in a friendly environment. Call it "Shark Tank" without the sharks. Bottega Veneta Wallet Men That part will come on June 10 when the two finalists selected from the six will duke it out for the top prize before a judging panel at the New Hampshire Institute of Politics at Saint Anselm College.
Clearly not enough money to build an Iron Man suit, but enough to see if that entrepreneur has enough mojo to transform a business plan into a viable commercial enterprise.
the abi Innovation Hub's downtown headquarters.
Some presented their business plans with the kind of bravado you'd expect from Iron Man's alter ego, who loomed above them from a poster on the wall of Guess Iphone 6 Plus Case
ecosystem will be built by people putting themselves out there," abi CEO Jamie Coughlin told the group before they made their pitches. A couple of the evening's contestants made sure to invoke his fledgling catch phrase for New Hampshire's small business community: "Live free or start."
What each of the six companies had in common was the desire to solve a problem or fill a need, often one they've experienced themselves.
And some wobbled and spun like Stark trying to get the kinks out of his new Iron Man suit.
Tom Puskarich, who closed Z Food Drink restaurant on Elm Street last year after a five year run and closed Bottega Veneta Wallet US
its catering operation six months ago, wants to create a business incubator for culinary entrepreneurs. The New England Culinary Center would help them prepare for the rigors of an industry that has high start up costs and a myriad of regulations. "Passion isn't always good enough. . A lot of food entrepreneurs lack a certain business acumen," Puskarich said. "A good chef can open a good restaurant, but if he can't balance his checkbook, he won't be in business very long."
Mike Cote's Business Editor's Notebook
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