MOUNTAIN VIEW, CA – September 28, 2017 – Singularity University SU, a global community with a mission to educate, inspire, and empower leaders to apply exponential technologies to address humanity’s grand challenges, today announced it is hosting its third SU Ventures Demo Faire, Thursday, September 28, 2017, at Singularity University. At the Demo Faire, fifteen potential startups will showcase their innovations for good to impact investors in hopes of securing early-round funding.
The teams’ 39 founders recently completed a 6-week Incubator and are alumni of SU’s 2017 Global Solutions Program (GSP). During the GSP, they tested and refined their moonshot ideas for improving the global climate and environment. Moonshots are defined by SU as those initiatives that have the potential to positively impact one billion people within the next ten years. As part of the Incubator, participants developed their ideas to a minimum viable product (MVP) stage, which they will now demonstrate and present to investors to encourage early funding of their startups. To learn more about SU Ventures, go to the SU release also distributed today entitled, Singularity University Announces SU Ventures for Social Entrepreneurs Who Use Exponential Technologies for Good.
“The world is in desperate need of what SU and impact entrepreneurs and investors can offer,” said Monique Giggy, Managing Director of SU Ventures. “While the efforts of traditional entrepreneurs remain important, the only way to have true impact on the world is to tackle the biggest challenges humanity is facing by applying exponential technology in brilliant new ways. Through programs such as SU Ventures and our Incubator, SU can do its part to grow the universe of impact-focused entrepreneurs. We can leverage their high risk tolerance and savvy, inspire them to action, and point out those areas in need of their genius. It is thrilling to see what bright minds and a connected network of enablers can accomplish.”
Impact investors will be considering the following at the Demo Faire:
ABOUT SINGULARITY UNIVERSITY (SU)
Singularity University (SU) is a global learning and innovation community using exponential technologies to tackle the world’s biggest challenges and build an abundant future for all. SU's collaborative platform empowers individuals and organizations across the globe to learn, connect, and innovate breakthrough solutions using accelerating technologies like artificial intelligence, robotics, and digital biology. A certified benefit corporation headquartered at NASA Research Park in Silicon Valley, SU was founded in 2008 by renowned innovators Ray Kurzweil and Dr. Peter H. Diamandis with program funding from leading organizations including Google, Deloitte, and UNICEF. To learn more, visit SU.org, join us on Facebook, follow us on Twitter @SingularityU, and download the SingularityU Hub mobile app.
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