Reno-area tech leaders and businesses are hosting three carefully selected, promising young companies this Fall for a six-week program aimed to bring innovative ideas to the marketplace faster. The inaugural InNEVator 2017 is centered around companies working within the Internet of Things (IoT) space or building networks to interconnect various computing devices.
"IoT is one of the most rapidly developing areas of tech today," said Jim Sacherman, director of The Innevation Center University of Nevada, Reno-Powered By Switch which is home base to the InNEVator. "Reno companies like Filament and Breadware are at the forefront of this technology. Together, we believe we can foster the continued growth of our startup community through thoughtful collaboration."
More than 20 companies applied to participate in the program and three were selected: ThinkBioSolutions from Dublin, Ireland which is building QuasaRTM, a wearable device for athletic training and telemedicine applications; DwellSensor from Cleveland, Ohio which is designing tools to better serve retail stores; and Oxysensors, a Reno-based company designing sensors for oxygen tanks.
"You don't get the opportunity to work with leaders in the space like this every day," said DwellSensor Co-Founder Mark Lorkowski. "Simply being selected to participate in this program brings more viability to our platform and reaffirms our suspicion that we're onto something really interesting."
The University of Nevada, Reno and its Innevation Center are joined by Breadware and Watershed Growth Ventures to host the program which begins Oct. 2. It is made possible by participating sponsors Kathie Priebe, Sierra Angels, Group Gets, Switch, Server Tech and Snell & Wilmer LLP. Additional support is provided by Brewer's Cabinet. The InNEVator ends at an awards dinner Nov. 9 wherein each company will have the opportunity to present their product to investors. Sponsorship opportunities are still available.
