Startups show promise, progress at Demo Day
Earning early customers and funding, and building a product, can be difficult for fledgling startups. But the startups that participated in this year’s MIT delta V summer accelerator proved at last Friday’s Demo Day that they’ve already achieved those milestones and more. Demo Day is the capstone event for the 12-week MIT delta V startup accelerator (formerly the Global Founders’ Skills Accelerator), where entrepreneurs pitch their business ideas to the MIT community, investors, and business leaders. MIT delta V, hosted in the Martin Trust Center for MIT Entrepreneurship, provides the startups with funding, mentorship, office space, and other resources from June through August. This year, 13 startups from MIT and one from Mexico pitched their innovative business plans to a capacity crowd gathered in Kresge Auditorium, which included guest speaker Massachusetts Gov. Charlie Baker. Business ideas included online marketplaces that make freight transportation more efficient, a text message-based support network, a platform for...