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Summit Economic Partnership (SEP), a local economic development non-profit, launches initiative to enhance innovation and diversify the region's tourism-dependent economy.
BRECKENRIDGE, Colo. - ColoradoDesk -- The Summit Economic Partnership (SEP) has officially launched the 2024 Fall High Country Tech Growth Challenge, Summit County's first tech accelerator program. In partnership with Yampa Valley Entrepreneurship Center and Startup Colorado, this six-week initiative supports tech-enabled businesses looking to scale by providing mentorship, financial resources, and building investor connections.
Each week participants will engage in interactive sessions covering crucial topics such as Colorado's funding ecosystem, financial forecasting, legal structures, and pitch training. The accelerator will conclude with a Demo Day on December 6 in Steamboat Springs, CO, where entrepreneurs will present to regional investors and industry experts for feedback and support.
Seven promising businesses from Summit County have been selected to participate, each with established customers, revenue streams, and a clear path to expansion. The selected businesses come from various sectors, showing significant potential for national or international growth and the ability to bring broader economic benefits to Summit County:
Supporting these businesses aligns with SEP's goal of diversifying Summit County's tourism-dependent economy. As these companies grow, they have the potential to create high-quality jobs for the local workforce, providing opportunities that match the skills of highly educated professionals currently underemployed in the region's tourism-dominated economy.
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"The future of Summit County's economy depends on our ability to diversify," said Thayer Hirsh, SEP's Executive Director. "By fostering businesses with the potential to scale quickly and beyond our region, we're building a more sustainable economy, offering career opportunities for local talent, and securing Summit County's position as a leader in innovation."
For more information about the 2024 Fall High Country Tech Growth Challenge and other Summit Economic Partnership initiatives, visit https://www.summitpartnership.org.
Each week participants will engage in interactive sessions covering crucial topics such as Colorado's funding ecosystem, financial forecasting, legal structures, and pitch training. The accelerator will conclude with a Demo Day on December 6 in Steamboat Springs, CO, where entrepreneurs will present to regional investors and industry experts for feedback and support.
Seven promising businesses from Summit County have been selected to participate, each with established customers, revenue streams, and a clear path to expansion. The selected businesses come from various sectors, showing significant potential for national or international growth and the ability to bring broader economic benefits to Summit County:
- Public House: A streamlined online application management system designed to simplify affordable housing application processes
- TubeSift: An AI-enabled software platform that helps advertisers target their audiences more effectively on YouTube.
- Backcountry Beauties: A community-driven app and platform that empowers women to connect and explore the outdoors together.
- TreadShare: A ride-sharing platform focused on outdoor enthusiasts seeking sustainable travel options.
- StayLoci: A rental platform offering additional tools for hosts to increase opportunities for longer stays.
- PHRED Solutions Inc: A software company developing solutions to optimize manufacturing processes and logistics.
- Vabhoa Software: A custom software platform that integrates various lodging hardware systems, streamlining operations to improve the overall customer experience.
Supporting these businesses aligns with SEP's goal of diversifying Summit County's tourism-dependent economy. As these companies grow, they have the potential to create high-quality jobs for the local workforce, providing opportunities that match the skills of highly educated professionals currently underemployed in the region's tourism-dominated economy.
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"The future of Summit County's economy depends on our ability to diversify," said Thayer Hirsh, SEP's Executive Director. "By fostering businesses with the potential to scale quickly and beyond our region, we're building a more sustainable economy, offering career opportunities for local talent, and securing Summit County's position as a leader in innovation."
For more information about the 2024 Fall High Country Tech Growth Challenge and other Summit Economic Partnership initiatives, visit https://www.summitpartnership.org.
Source: Summit Economic Partnership
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