Wyoming startup businesses get help

CASPER (WNE) — Five Wyoming companies have been selected to participate in Microsoft’s “gBEta” business accelerator program, which helps startup companies ramp up promising concepts quickly with access to coaches, mentors and investors.

In a nod to the popular television series Shark Tank, startup founders will pitch their companies to investors and the public during a showcase event from 6 p.m. to 8 p.m. on Aug. 2 at Frontier Brewing.

The gBETA program is funded by Microsoft’s through national venture capital firm gener8tor.

“In rural America, especially in Wyoming, Microsoft sees potential for entrepreneurialism, technology and innovation,” said Microsoft’s program manager, Dennis Ellis. “We are investing in America’s best and brightest through …BETA programs, and we’re confident that investment will impact Wyoming in meaningful ways.”

The companies were chosen from a pool of 35 applicants based on their growth potential and investor readiness, Ellis explained.

Those companies are Agricultural Innovations, MayPall, ReviablEnergy, Inflatrix, and SLP.tools.

This story was published on June 19, 2024.