Lincoln startup Travefy will compete for cash

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Posted: Monday, October 28, 2013 12:00 am

A Lincoln startup will face off against seven others for a chance to win $10,000 and up to $1.3 million in angel investment next month.

Travefy, which aims to simplify the process of group travel, was chosen out of about 280 participating startups to vie for the title of America’s most promising entrepreneur in the in the final round of the first-ever “Get in the Ring: The American Startup Clash” hosted by the Ewing Marion Kauffman Foundation in Kansas City on Nov. 18.

There, the startups will make their pitches to a panel of judges, including global fashion mogul Marc Ecko; Dell president Steve Felice; serial entrepreneur, investor and author Lisa Gansky; consumer brand CEO Matthew Rubel; and broadcast and digital media guru Denmark West.

The winner will receive a $10,000 and an all expense-paid trip to the Nov. 22 Get in the Ring global finals in Rotterdam, the Netherlands. There, founders will compete with seven other international finalists, selected from 30 participating nations, for a chance to secure angel investment from a potential pool of €1,000,000, or approximately $1.3 million. The runner-up will be awarded $5,000 and an “audience favorite” will also be chosen.

Other startups chosen include: Drazil Foods of Edina, Minn.; EyeVerify of Kansas City, Kan.; MANA Nutrition of Matthews, N.C.; POPVOX of Redwood City, Calif.; St Teresa Medical, Inc. of Maple Grove, Minn.; and weeSpring of New York.

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