Babson College Supports Startups in Undergraduate & MBA Hatcheries

WELLESLEY, Mass., Dec. 16, 2011 /PRNewswire-USNewswire/ -- Babson College supports startups this semester in Undergraduate & MBA Hatcheries on campus and in Boston's Innovation District.

Babson Hatcheries

As part of the Babson Venture Accelerator, the undergraduate and graduate Hatcheries provide a vibrant atmosphere conducive to sharing ideas and information among student teams, faculty, executives-in-residence and visiting entrepreneurs.

The Hatcheries function like incubators where student entrepreneurs have access to professional and semiprivate workspace to grow their businesses. Student businesses go through an application process before they are selected. Teams are awarded space in the Hatcheries one term at a time.

Starting in spring 2011, Boston-based office space became available to graduate students (supported by the Babson Graduate School http://www.babson.edu/graduate/), in addition to space on campus. The Boston-based office space is only available during the academic year.

There is no cost to participate in the Hatcheries but all student businesses are invited to contribute a percentage of their equity position to Babson through our Founder's Fund. This Fund was created by alumni as a "venture capital fund" used to support Babson's mission of providing entrepreneurial education.  For more info, visit http://www.babson.edu/Academics/centers/blank-center/Pages/home.aspx

Fall 2011 Hatchery Businesses

Graduate Students (Boston Location)

AdaptiveAlgo (Srikath Krishnamurthy M'11) - AdaptiveAlgo offers dynamic pricing engines for e-markets and e-trading.

AltruHelp (Mathew Paisner M'12) - AltruHelp is an altruistic social media platform & software toolbox that amplifies the philanthropic impact of companies, nonprofits and individuals to create measurable value for all stakeholders http://www.altruhelp.com/

LearnFunGo (Gaurav M'11) - Learning meets fun. Technology trainings for $10 per class. http://learnfungo.com/

Leaseitforward.com (Erik Ferjentsik M'12) - Leaseitforward.com offers tenants a platform to search for and write rental property reviews, pay rent online, and submit work orders to request apartment repairs. http://leaseitforward.com/

StartUp Scrambles (Stephen Douglass M'12) - StartUp Scrambles™ are 48-hour intensives that scramble the lines between real world experience and classroom education. http://startupscramble.com/

StringPay (Michael Yang M'13) - StringPay is a mobile application that enables peer to peer payment transfers. Easily split and settle bills between friends, roommates, or teammates at decision point without the hassle of tracking down IOU's.

Graduate Students

Brik Audio USA (Alex Chang M'12) - BRIK Audio designs and markets high end audio equipments and accessories to customers who have particular taste in sound systems for their movies, music, and digital entertainments. http://www.brik-audio.com/

DivvyGift (Vivek Rao M'12) - DivvyGift makes it easy for marrying couples to get the gifts they really want by allowing their guests to contribute any amount towards a gift. http://divvygift.com/

JumpShift (Carl Sanders-Edwards M'12) - JumpShift provides training programs that improve the productivity of organizations. We offer two programs - Leadership Development and Personal Productivity. Our approach to training is revolutionary, building on what the participants are already good at, and providing inspiration based on best-practice models. http://jumpshift.co.nz/

Plinq (Flip Sasser M'12) - Plinq is an online payments platform that makes processing transactions as easy as humanly possible.

Portico Brewing Company (Alex Rabe M'12 & Alex Zielke M'12) - Portico is a brewery/brewpub hybrid based in Boston, Massachusetts. http://www.porticobrewing.com/

Portner Brewhouse (Catherine Portner M'12) - Portner Brewhouse is a brewpub offering the Craft Beer Test Kitchen™ for rapid prototyping of craft beer recipes inspired by the South's largest pre-Prohibition brewery, the Robert Portner Brewing Company. http://portnerbrewhouse.com/

SpecialNeedsSitter.com (Zachary Kysar M'12) - SpecialNeedsSitter.com enables families with members diagnosed with special needs to easily find qualified sitters. http://www.specialneedssitter.com/

Undergraduate Students

Jacox-Hilton Producer Consulting (James Hilton '12 & Cam Jacox '13) - Jacox-Hilton Producer Consulting is a rapidly growing consulting firm that holds an impressive track record. Today, Jacox-Hilton provides a variety of specialized consulting services for life insurance brokers and agencies including thorough client book analysis and book valuation. http://jacoxhilton.com/

Prescott Ventures (Alex Shearer '14 & John Rioux '14) - Prescott Ventures is a Tennessee based for-profit company that invests into a variety of entrepreneurial opportunities. Currently, the company is launching two websites: www.vitabid.net and www.supplementbid.com.

Sponsored Apparel (Leo Martinez '12) - Sponsored Apparel connects companies with their primary target market to interact through sponsored apparel. http://sponsoredapparel.com/

ThinkLite (Dinesh Wadhwani '12) - ThinkLite LLC is a Massachusetts based efficiency firm that provides energy efficient lighting solutions to businesses and households at no upfront cost. http://www.rethinkrelite.com/

Turn the Campus (Nitesh Chaudhary '13, Anjali Merchant '12 & Dinesh Wadhwani '12) - Turn the Campus in an online marketplace for college students to trade/buy/sell goods and services within their college community. http://www.turnthecampus.com/

trint.me (Ali Gull '12) - Trint.me is an application for those *hard to express* true intentions for your friends. https://www.trint.me/

Babson College

Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds(r). The College is a dynamic living and learning laboratory, where students, faculty, and staff work together to address the real-world problems of business and society -- while at the same time evolving our methods and advancing our programs. We shape the leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to create economic and social value. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought and Action(r) as the most positive force on the planet for generating sustainable economic and social value. For information, visit www.babson.edu

This news release was issued on behalf of Newswise™.  For more information, visit http://www.newswise.com.

SOURCE Babson College

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