14 ventures raising funds to participate in Boulder’s Unreasonable Institute

Participants in the 2011 Unreasonable Institute program. From left to right: Mohamed Ali Niang of Malo Traders, which is working fortify rice to battle anemic in Africa, chats with Morris Matadi of the Initiative for the Development of Former Child Soldiers, which seeks to rehabilitate and integrate former child soldiers, as participants gather in Boulder for the Unreasonable Institute, entrepreneurship workshop. Ali Niang is from Mali and Matadi is from Liberia. Credit: Paul Aiken/Daily Camera

Participants in the 2011 Unreasonable Institute program. From left to right: Mohamed Ali Niang of Malo Traders, which is working fortify rice to battle anemic in Africa, chats with Morris Matadi of the Initiative for the Development of Former Child Soldiers, which seeks to rehabilitate and integrate former child soldiers, as participants gather in Boulder for the Unreasonable Institute, entrepreneurship workshop. Ali Niang is from Mali and Matadi is from Liberia. Credit: Paul Aiken/Daily Camera

Ten days ago, the nonprofit Unreasonable Institute in Boulder selected 14 ventures to attend the 2013 iteration of the TechStars-like accelerator for entrepreneurs developing startups about social and environmental causes.

Now 10 of those 14 have roughly 21 days left to raise the tuition — $10,000 for a solo entrepreneur and $12,000 for a team — to attend the six-week program to have the opportunity to receive feedback from dozens of mentors, develop relationships with investment funds and pitch to 100 investors.

The four ventures that have raised the required tuition include Voltzon, an Africa-based organization, aimed at leasing renewable energy to electricity-deprived schools and health, and The Good Life Organization, which has developed a social and emotional learning education curriculum.

Among those needing more of a push include Greenway Grameen Infra, which developed a biomass Greenway Smart Stove for those who don’t have access to modern cooking fuel, and Nisolo Shoes, a seller of shoes handmade by artisans in the developing world.

For a full listing, including the amount raised to-date, visit

marketplace.unreasonableinstitute.org.

 

About Alicia Wallace

Alicia Wallace is the business reporter for the Boulder Daily Camera.
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