[PhillyOnRails] New pre-seed-stage Venture Firm In Phila.

["Eric Snyder" <snyderep@gmail.com>]

Someone at work asked me to post this to the list, a friend of theirs
is somehow involved or associated with this company. I know very
little about it. Maybe there is an opportunity here for someone in the
group.

DreamIt Ventures I, LLC ("DreamIt"), http://www.dreamitventures.com is
inviting applicants for Innovators and Strategists. DreamIt is a
pre-seed stage venture firm committed to developing a new generation
of companies. DreamIt will host extremely bright, excessively
motivated, and highly skilled people who have a great idea. DreamIt's
three-month "boot camp" program will catapult DreamIt Companies'
products from concept stage to prototype or market-ready products.
DreamIt will provide Innovators with support, mentoring and money to
allow them to focus exclusively on developing their product. In
addition, Innovators may select a Strategist who will work fulltime
with the innovation team to prepare the business plan, sales and
marketing plan, and the funding pitch. There are only two requirements
for applicants to DreamIt: 1) They can build a prototype or
market-ready product by mid-August; and 2) they are willing to live in
the Philadelphia area from
mid-May through mid-August. Innovators will leave DreamIt with a
company, a product, and if the business is good enough funding by VC's
or other early stage investors. Visit http://www.dreamitventures.com.


I found an article about the company in the Phila. Business Journal:
http://philadelphia.bizjournals.com/philadelphia/stories/2007/12/24/story2.html?b=1198472400%5E1566817

-Eric
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