1776 Challenge Cup London Tips Its Hat to Fluency, Open Utility, Touch Surgery and SocioTransit in Startup Competition
Winning Companies Move On to Global Competition in May
Washington, DC (PRWEB) November 21, 2013
Today, 1776, an incubator platform located a few blocks from the White House, in partnership with Impact HUB Westminister, a London-based social start-up space announced the winners of the Challenge Cup for the London region.
Challenge Cup is a startup competition spanning 16 cities around the world and culminating in Washington, D.C. to find the world's most promising startups tackling education, healthcare, energy, and city challenges.
Thirty startups competed during the evening of the November 20th event. The competitors also participated in an accelerator program for the two days preceding the competition.
“The London event closed out the European leg of competition and brought together the creative minds of startups from across the United Kingdom as well as Ireland, Denmark, Italy, and Romania,” said Evan Burfield, co-founder of 1776. “We continue to be impressed by the passion and enthusiasm that we have seen from all of the startups thus far and look forward to hearing more unique ideas leading up to the Challenge Cup finale in May.”
The regional winners include:
ο Education: Fluency – An online learning platform, workshops, and incubator programs that help young people learn in-demand digital skills and get in to work.
ο Energy: Open Utility – A peer-to-peer marketplace for buying and selling energy from local renewable sources.
ο Healthcare: Touch Surgery – An app developed by surgeons to improve surgical training by using cognitive task simulation. The Touch Surgery simulation teaches you every step of a surgery and allows you to test yourself.
ο Smart Cities: SocioTransit- A social networking site that matches people seeking travelers to pick-up and drop-off goods from one place to another.
The next Challenge Cup competitions will be held in Los Angeles, New York, and Boston in December 2013. Challenge Cup Global Partners include: U.S. Chamber of Commerce, District of Columbia, Pearson, TechCocktail, iStrategyLabs, Microsoft, and The Aspen Institute.
To be accepted, companies must be less than three years old, have less than $3M USD in revenue to date, have a scalable product or service already in the market, evidence some level of traction (active users, enterprise customers, or revenue), and have raised less than $1.5M USD in capital. Companies can apply on http://challengecup.1776dc.com/apply.
1776 is a major initiative focused on helping entrepreneurs seeking to reinvent our lives as citizens. Located just blocks from the White House, 1776 convenes and accelerates startups from around the world by connecting them to the political, intellectual, social and financial capital that make Washington, D.C. unique. Visit http://www.1776dc.com or @1776dc on Twitter for more information.
For the original version on PRWeb visit: http://www.prweb.com/releases/2013/11/prweb11357756.htm