Following the conclusion of a 12-week educational program for startups, 10 entrepreneur finalists vied for a $25,000 investment grand prize at FounderTrac’s Demo Day. Held on April 3rd in Annapolis, Maryland over 200 attendees filled the venue that included a high turnout of angel investors and venture capitalists.
The first place winner was MileMarker which leverages technology to enhance medical training assessment. The web-based software was developed by surgeons for surgeons from Johns Hopkins University and University of Maryland. It offers efficiencies in medical training by enabling residents to initiate assessments themselves, shortening feedback loops to provide more personalized and adaptive learning.
FounderTrac is an innovative incubator program supported through a $125,000 grant awarded through the 2017 TEDCO Entrepreneur’s Expo. It also receives collaborative support from LAUNCH! Annapolis, MCVC Partners, and the Maryland Technology Council. MCVC provided the $25,000 investment to the winner.
Other participants in the FounderTrac cohort for 2018 are:
- TransitioningU, Mustafa Wahid, John Slevin, Joshua Smith Ph.D
- Iotia Corporation, Matt Daue, Sam Oswald
- HoneIn, Anne Stuckey, Brian Strom
- GasNinjas, Christopher Aubuchon
- FREY, Leif and Erin Frey
- Everywhere Communications, Patrick Shay, David Collier
- AudioStaq, Gabriel Pendleton, Christian Strama
- Arbit, Alex Bullington, Greg DiNardo
- Agewell Biometrics, Joshua Wies
MileMarker CEO Aimee Martin talked about winning the program in a press release, saying that, “After the valuable three month FounderTrac experience learning with other entrepreneurs from top experts and advisors, we were thrilled to receive $25,000, which will propel our growth and enable us to continue to gain sales traction. FounderTrac is the gift that keeps on giving!”
A second cohort is scheduled for fall 2018 and the application period is open from May 1st, 2018 to July 1st, 2018.
