Venture Hall Announces Winners of Peer-Selected Investment For First Accelerator Cohort

Mike Sobol Venture Hall News 0 Comments

Venture Hall is proud to announce cliexa (www.cliexa.com) and Janus Choice (januschoice.com) as the two companies to receive a zero-equity investment of $25,000, as awarded by their peers, during our 2017 accelerator.

Developed in partnership with Village Capital, an international accelerator and venture capital firm, Venture Hall’s program includes an intense peer-review process that has been shown to forecast success better than investors.

“The peer review process drills down into the critical components of growth, based on many factors,’ said Jess Knox, President of Venture Hall. “We’re proud of the incredible work everyone did this summer, and we’re excited to support the progress that all of the teams in our first accelerator program have made.”

The process helps startup teams identify challenges, prioritize efforts and plan milestones to reach the next level of growth and investment. In addition to a rigorous curriculum and regular coaching, teams were given the opportunity to work closely with subject matter experts at MaineHealth and Unum, providing vital context for their solutions in the real world.  

“We are honored and feel extremely lucky to be part of Venture Hall Accelerator Program this summer as cliexa. It was not just an accelerator program with just mentor and training sessions, but also working sessions with industry experts and clinicians directly from Maine Health and Unum,”said Mehmet Kazgan, CEO and co-founder of cliexa,” Venture Hall’s program played an amazing catalyzer role by working on specific areas for each startup and reached out to exactly the right group of resources from mentors pool. We came with a list of goals to Portland, Maine and Venture Hall made those happen. cliexa would love to be part of Maine’s economic growth.”

“The support we received from Venture Hall, MaineHealth, and Unum exceeded our expectations,” said Darryl Palmer, co-founder and CTO of Janus Choice. “We were able to witness first-hand the commitment of the staff at Venture Hall in supporting the unique needs and requests for each company in the program. I wish there would be more programs like this. One of the reasons we opened an office in Portland is because of the dedication of the social workers, nurses, and executives at MaineHealth and Unum.”                                                                                                                                                                                        

The six startup teams to complete the accelerator were selected from a competitive applicant pool of over 90 companies from 27 states and 12 countries. The accelerator program was delivered in partnership with MaineHealth and Unum to bring more world-class startup talent to Maine, and to provide a way for employees of both partner organizations to assist in the development of innovative new solutions to challenging problems.

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