Start Ups, Shark Tank, Tech & Innovation Intersect at TechDay NY

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I covered TechDay in New York City at the Jacob Javits Center this past Friday. TechDay gives attendees the opportunity to discover the latest technologies and innovate startups.

Organizers of the event offered the opportunity to: network with Venture Capitalists, Accelerators listen to Tech Talks, Fireside chats and pitch your Start up. Attendees also can look for a job or business opportunity with exhibitors and start ups. Entrepreneurs even had the opportunity to audition for SharkTank.

I took a longer walk through at TechDay here.

Companies that pitched were from all different industries. You can watch the pitches here courtesy of TechDay

I really enjoyed the event. Did you attend? What are your thoughts on TechDay NY? Comment and share below.

If you were not in New York, TechDay is coming to Los Angeles and London later in the year.

If you were not in New York, TechDay is coming to Los Angeles and London later in the year.

I really enjoyed the event. Did you attend? What are your thoughts on TechDay NY?

Comment and share below.

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New Jersey Innovation in Action at Venture Conference

I had the privilege of covering the Venture Conference in Newark, NJ this past Thursday.

James Barrood, President of the NJ Tech Council opened the conference.

The conference was held at NJIT; a school that prides itself on preparing its student for STEM careers.

NJIT is helping to innovate New Jersey. NJIT President Joel Bloom discussed this in his keynote address.

The conference was run by the NJ Tech Council.

The council’s mission is to: collectively representing tech, life science and tech-related companies and organizations as well as the professional firms that support them, the Tech Council has the unique ability to:

  1. Offer opportunities to learn, network and grow
  2. Recognize and promote member companies and their leadership
  3. Nurture the tech and STEM talent pipeline critical to growth
  4. Provide access to financing sources and additional resources
  5. Advocate and support public policy which strengthens our ecosystem

Founded in 1996, the Council is a private, nonprofit membership organization, which supports the tech, innovation, and entrepreneurial ecosystems across the state and region. It is among the largest and most respected trade organizations of its kind nationwide.

The focus of the event was to help New Jersey startups grow and raise funds. Startups pitched their businesses and asked for funding.

There were two rounds of pitches along with networking opportunities. The startups that pitched represent industries such as but not limited to: EdTech, E-Learning, Healthcare, Sports Betting and esports.

Round 1 included

Scriptertainment
Wapanda
LifeCuff Technologies Inc.
QwikScript
Boxcar
Upside Health
teliapp
SiLAS
eCare21, Inc
VibeGather, LLC
TrueConnect Systems, Inc
Krow Network
WearWorks
MARCo Technologies LLC
Lambent Data
Life Skill Software
OculoMotor Technologies
Sporttrade
TLCengine
SRL Group
Ribbit.io
Nutrivide
MedifVu, LLC
Totally Pregnant

Round 2 Included

PeerChecked, Inc.
Datafy
Medality Medical
Smirta Innovations Inc.
Vikar Technologies
Malbek
Verstill
Commerce Blitz, LLC.
PlayDate
XPEED Turbine Technology
Pochette, LLC
Genomic Prediction
Pullup Technologies
ROAR for Good
Indie Art World
Elemeno Health
Bloqcube
Caregiver Smart Solutions
MYXR Events Corp.
Paratrees
Speak2 Software
Gamefuly
Entractiv
Quintrix

More information can be found here.

You could feel the energy and excitement in the air as I was able to speak with 48 innovate startups.

I really enjoyed the keynote speech by the FanDuel EVP & Head of Strategy David Van Egmond.

In the speech, he discussed how he helped FanDuel grow and succeed. He also discussed the industry of online sports betting and esports; both are growth industries. These industries are legal in New Jersey and serve as a great source of revenue for the state.

It was a great event. I want to thank the NJ Tech Council for allowing me to cover the conference.

Growthhacking a Non-Profit or Professional Association

https://www.slideshare.net/markfulop/nnswwa-slides

In Non-Profit Organizations, funds to help people and causes are largely generated from donations and grants. Donations and grants are what pays employees and other operational expenses. While many Non-Profit organizations get donors to donate money, they struggle to get repeat donations from these donors. According to Seth Godin, the average donor retention rate is 29.3%. This leaves a lot of missing Revenue.

Much like their for Profit Counterparts, Non-Profits need to find ways to keep and retain customers. It is cheaper to retain current customers than to acquire new ones. Yes, Customer Acquisition is important but it is not effective to forget about current customers as they can help with customer acquisition using work of mouth.

Non-Profits can Generate Revenue beyond Donations and Grants in the following ways:

  1. Charging for Conferences and events
  2. Creating a Subscription Based Blog or Newsletter either charging for this or offering a freeminum model with paid features
  3. Offering Free Trials of Products and Services then charging for them
  4. Charge for Memberships to the Non-Profit or Professional Association offering discounted pricing to stakeholders at various institutions
  5. Partner with Colleges and Universities to Offer Free Memberships to Students with elevated pricing as they go into the profession
  6. Partner with the Private Sector, offer Sponsorships

Marketing, Sales, and Branding for Non-Profits and Professional Associations.