A software platform that creates digital communication technology for event marketing and news publications has taken the top prize in the annual B-Start Demo Day pitch competition. The Bloomington Economic Development Corp. says BotMaven received a total of $2,600 for winning first place and having the best business plan.
Second place went to a startup called Adventure Field Guides, which creates software to help people plan outdoor trips. The company won $1,500 for coming in second and an additional $1,000 to winning the audience pick for best pitch. Third place and its $500 prize went to Eqlsr, which is a blockchain platform for users to share, curate, collaborate and listen to music.
"Starting a business can be a daunting task, but what I hope we have shown every participant is that Bloomington has an abundance of resources that can help you start and grow businesses here," said Anne McCombe, project manager of the BEDC. "The future of our economy and job creation is through innovation driven businesses, the types of businesses that we help to start through our B-Start program."
The BEDC says graduating startups from the B-Start program will have the opportunity to participate in group workshops and networking opportunities to continue to develop their businesses. The next B-Start cohort is slated to begin this fall.