The results of the (re)application process for the Wharton Venture Initiation Program have been announced, and we are happy to say that we have been accepted to our fifth consecutive semester in VIP, effective through May 2010. As per the program’s five semester policy, this will be ChronoWake’s final semester as an active member. We are looking forward to making the most out of this semester so that we are maximally prepared to further our business upon leaving. Fortunately, we will be able to utilize the extensive alumni network, and have access to the private VIP listserv, after we graduate from the program.
Competition to join Wharton VIP has continued to be very intense, with 42 companies vying for 11 spots. We would like to sincerely congratulate the newly accepted ventures, listed below.
Cape Wines: The company is a U.S. importer of South African medium to high-range wine which would contribute a portion of its proceeds to a fund towards microfinancing local African farmers.
CollegeCups: CollegeCups will be a producer and distributor of plastic party cups containing printed logos and slogans of universities, fraternities, and sororities throughout the country.
Jimmy Helmets: Bike helmets that blend fashion with safety by adding a fashionable hat/cover that fits onto our specially designed base helmet.
LongTail Grants: LongTail Grants will provide social and financial benefits to the world through running an interactive website that connects donors with motivated individuals looking to make positive differences in their communities.
MobileBlick: Developing and selling a personal head-up-display with a lightweight and compact design that takes video inputs from smartphones and ipods.
Public Health Insurance Connector: The company will find and enroll the hundreds of thousands of people eligible for free public health insurance (e.g. Medicaid).
Safer Taxi: SaferTaxi increases the safety of taxi passengers by registering their taxi rides: By sending a simple text message to SaferTaxi, customers create a record of their taxi ride, get instant feedback about safety issues related to their driver and can opt for automatic notification of an emergency contact.
Simplegrid NOW: Provide enterprise level business continuity to the small and medium business.
Tatako.com: Tatako enables retailers to create mobile storefront applications for a variety of mobile platforms through our easy-to-use online application designer tool.
UniGlam: UniGlam is a private sales club which gives undergraduate students access to brands they care about at heavily discounted prices.
UTurn: UTurn is an automatic bidirectional page-turner for pianists that frees the user from the constraints of preloading pages.
Note: If any of the companies would like to edit their company name/description or add a link to their website in this post, please comment below or contact us.
View the list of all current VIP members. Once again, congratulations to the newly accepted companies; we look forward to working with you!