D8 Venture wins Startup 48, Eau Claire’s own business startup competition weekend
Posted by Becca Coleman on October 23rd, 2019
Dating in the Chippewa Valley may be getting easier, more creative and somewhat mysterious. That is, if the winning Startup 48 team and new business startup, D8 Venture, launches their product into our market.
Over the weekend, 37 individuals met at JAMF to begin a weekend-long journey to learn how to create a lean business and prepare to launch into the marketplace. Six dynamic teams formed and worked tirelessly to create business models, verify market need and find their value proposition all based around a 60 second business idea pitch. Strangers converged over these pitched ideas and worked together to prove if the idea was valuable or not, starting with clearly defining a problem they’d like to solve;
- Rent-able vans for travel & lodging
- Software to aid farmers regarding ideal planting scenarios
- A modular shovel with removable head attachment
- Healthy, pre-packaged meals with a cause
- Event planning services for the workplace
- Dating app that outlines an evening of local activities
At the end of the weekend, groups presented to a panel of judges to define the business model and how they will fit into the marketplace. Judges choose D8 Venture, an app that plans a date night in the Chippewa Valley, as the winner of Startup 48 competition. The D8 Venture team now qualifies to advance to the Wisconsin Big Idea Tournament, a statewide pitch competition vying for startup capital of up to $25,000.
Startup 48 is an annual, weekend-long business startup learning experience and competition. Local entrepreneurs and industry experts act as mentors throughout the weekend to assist and re-direct teams when needed, all with the goal to cultivate new business ideas and leaders in the Eau Claire area.
Several community partners make this event possible, including JAMF, UWEC Entrepreneur Program, Associated Bank and Eau Claire Area Economic Development Corporation. Financial sponsors are critical and include WiSys, The Idea Fund, Associated Bank, RCU, Security Financial Bank, Weld Riley and Erberts & Gerberts.
If you want to learn more about D8 Venture, the group is presenting their business idea at 1 Million Cups during Startup Eau Claire Week, 9am, November 13, 2019. Location is 2nd floor at CVTC Main Campus, 620 W Clairemont Ave.