Beloit has announced five companies from the area selected for its Fall 2020 gBETA cohorts.
The startups include: Aktibo Athletics CEO Johann Hayag, GLW Nicholas Shepherd, QwikTrips CEO Shanta Lana Hereford, Safepro CEO Paul L. Eckert, and Thriveific CEO Jerrick Hakim.
The gBETA Beloit Fall 2020 cohort is the eighth program held since the gBETA Beloit program launched in 2017.
A company called gener8tor provides programming to gBETA. Gener8tor builds startup programs throughout the country. It’s a sponsor-led program to train, assist, and support entrepreneurs.
IronTek and Hendricks Commercial Properties sponsor Beloit’s gBETA with programming free for the entrepreneurs. gBETA Beloit is held twice per year, each time with five companies from across all industries and business models.
“Irontek is excited to welcome these five local startups to our eighth gBETA Beloit cohort,” said Erin Clausen, Investment Manager at gBETA sponsor Irontek, the Beloit incubator and tech hub. He further said, “This program has had an amazing impact in our community over the last four years and we look forward to working with these founders and their teams as we continue to grow innovative businesses here in Beloit.”
To ensure meaningful engagement with the gener8tor team, network and other resources each gBETA cohort is kept small. Participants receive intensive and individualized coaching and access to gener8tor’s national network of mentors, customers, corporate partners and investors.
The design of the program is to help startups gain early customer traction on their product and establish metrics that can make them competitive applicants for equity-based accelerators or seed investment.
The 10 Fall programs kicked off on Thursday, Oct. 1. Due to COVID-19, the Fall 2020 programs are all being held virtually. The startups will work with the gener8tor team for seven weeks to meet mentors, gain customer traction, and pitch to investors.