Startups pitch business ideas during Demo Day at RCBI
Jan. 31, 2018
Entrepreneurs in TEN50 – West Virginia’s Business Accelerator – pitched their new ventures to prospective investors and community supporters January 23 during Demo Day at RCBI Huntington. The event followed three months of intense mentoring to assist the startups as they turned their ideas and plans into solid business operations. “Small businesses are the backbone of West Virginia’s economy,” said Charlotte Weber, RCBI Director & CEO. “RCBI’s TEN50 Business Accelerator gives entrepreneurs the guidance and resources they need to launch small businesses quickly.”
Graduates of TEN50’s third class include:
Brandon Anderson, Harry McKenzie, Ethan McKenzie and Ian McKenzie of Summersville, founders of Mining Industrial Solutions, which uses drone technology to increase efficiency, reduce waste and pollution, and save lives in a variety of industrial sectors.
Thomas Cornett of Greenbrier County, a Marshall University student and founder of Greenbrick Systems, which creates alternative construction material from recycled corrugated cardboard. Greenbrick’s proprietary process converts recycled cardboard into bricks that are lighter, less expensive, waterproof and fire retardant for faster, efficient construction.
Taylor Krivenki & Tommy Brown of Morgantown, founders of Planet Density Foods, which creates nutrient-dense food products from locally sourced ingredients.
Janzen McKinney of Beckley,a Marshall University student and founder of Studyrange, a platform that allows students to connect and study together online. Users can access thousands of educational video tutorials along with other features that include group video/audio calling, document sharing/messaging and a collaborative whiteboard.
Nathan Redman, a Marshall University student and founder of Designated Delivery, an online ordering and delivery service that enables consumers to select and have local food and/or groceries delivered to their front doors.
RCBI's TEN50 Accelerator drives innovation, entrepreneurship, economic development and ultimately job creation by supporting early-stage, growth-driven startups. Participants spend three months at TEN50, working from office space at RCBI’s statewide facilities, to speed the creation of their new businesses by helping them overcome traditional hurdles faced by startups.
They receive guidance and support from a network of experts and mentors including RCBI’s experienced staff, successful business leaders and faculty from Marshall University’s Lewis College of Business. With the support of the Appalachian Regional Commission and the Greater Kanawha Valley Foundation, TEN50 is building a more diverse and stronger economy for West Virginia and the region.
To provide participants with access to financing, business services and technical expertise from around the world, RCBI has partnered with the Global Accelerator Network (GAN), an organization founded in 2010 to link accelerators across the globe.