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On Thursday, June 27, 11 promising tech startups from TechTown, Bizdom and Invest Detroit presented their businesses to win a killer prize package full of essential branding services at the first ever DTX Showcase.
myFab5, which is currently enrolled in the DTX Launch Detroit summer boot camp for college students and recent grads aspiring to launch technology-based enterprises, beat out 10 other presenting companies to win the first-place award of $15,000 worth of professional branding and marketing services.
myFab5, which wants to replace Yelp as the place to go to get rankings for local restaurants, has launched a pilot program in Ann Arbor and plans on a full-scale launch of rankings for Detroit restaurants later this summer.
The runner-up was AdAdapted, an Ann-Arbor-based startup that plans to help creators of smartphone apps generate more ad revenue.
Third-place went to Detroit-based Logiksync, which is currently enrolled in TechTown’s Venture Accelerator for tech-based startups. Logiksync has developed a prototype device to keep handguns from firing accidentally or being discharged by children who find them. The device attaches to the gun. If the owner needs to use it quickly, he or she grabs it and a biometric fingerprint reader releases the device immediately and allows the trigger to be pulled.
Fourth place went to SkySpecs, which hopes to market small unmanned aerial devices that can replace humans in inspecting hard-to-reach places like wind turbine blades, oil pipelines or suspension bridges.
Each of those three won $5,000 worth of marketing services. One of those packages was donated by Tim Smith, CEO and owner of Skidmore Studio, who served as a showcase judge.
Other presenting companies were:
The event drew more than 130 people. In addition the startup presentations, there were two guest speakers, Brad Oleshansky, founder and CEO of M1 Concourse; and Matthew Kruchko, principal and managing director of Applied Storytelling. Judges were Matt Clayson, director of the Detroit Creative Corridor Center; Gary Kendra, owner of Kendra Law Firm; Oleshansky and Smith.
The Detroit Technology Exchange (DTX) is a partnership between TechTown, Bizdom, Invest Detroit and the Detroit Creative Corridor Center. It is funded by the Michigan Economic Development Corp.’s Michigan Strategic Fund.