DreamIt Ventures, the David Bookspan (Monetate)-Mike Levinson (PST Learning)- Steve Welch (Mitos)-founded "accelerator" firm for college techies and their infant software businesses turns five years old this year. After its hiatus in New York, it'll be back at University City Science Center's 3401 Market St. to give 15 candidate firms a shot at early-stage boostership.
"All 15 companies are given a whole series of services over the course of the fall, including free office space, mentorship, a speaker series, donated legal services, and a stipend of between $15-25K depending on their company size," DreamIt partner Kerry Rupp (of HolidayGolightly.com) tells me. "In return, we take 6% equity in the company. At the end of the program, they do present at a Demo Day to investors and the media." The goal: "to launch them into the world and/or start the fundraising process if they intend to raise external money.
According to DreamIt, candidates include:
Cloudmine, Philadelphia: "The world's simplest mobile backend-as-a-service provider."
ClrTouch, Brooklyn, N.Y.: "Port web content into a custom tablet interface."
ElectNext, Philadelphia: "It works like a dating site, for your elections. Compare candidates and find the perfect fit."
FeedbackTrail, West Chester, Pa.: "Building a better app experience through feedback."
Grassroots Unwired, Philadelphia: "Mobile applications that provide the accountability and efficiency of real time tracking and reporting for political campaigns" from field data
Kwelia, New York City: "Quantitatively-derived analytical tools that will facilitate decision-making for residential real estate."
Metalayer, Washington: "A visual search company that turns the real world into sortable data." Pictures into words.
Nopone, Chatanooga, Tenn.: "Bringing together contractors, builders, project managers, DIYers, and building material suppliers. List it. Supply it. Build it."
Oneaway, Philadelphia and Palo Alto, Calif.: "An app that introduces you to new people."
Polin8, Philadelphia and New York City: "Mobile platform media studio specializing in pioneering Apps that engage users with high-concept visual, sound and touch interactions."
Qwite, Los Gatos, CA: "A location-based service, taking you where you want to go - from intent, to experience"
SnipSnap, Philadelphia: "The first app to scan and save coupons to your mobile phone."
Spling, Summit, N.J.: "A social broadcasting network that allows you and your friends to easily share, discover, and experience media on the internet."
no-name, Washington, DC: A company whose name "hasn't been finalized" that "will help friends make their plans more easily."
TraRoma, Taiwan and New York City: "A dating site with a female point of view."