DreamIt Ventures Graduates Five Minority Led Companies

Today startup incubator DreamIt Ventures, is graduating 14 new startups from its fifth graduating class in Philadelphia and five of them are from minority owned.

This year’s class features minority led startups through the Comcast Ventures collaboration and its Minority Entrepreneur Accelerator Program.

The five startups include:

 ElectNext : an online platform that allows voters to easily figure out which presidential candidate best represents their own ideology.

Kwelia : a service that allows property managers to optimize their pricing using local market data. , Kwelia uses its propriety data to build financial models to assist property managers in properly pricing their available units

metaLayer : a visual search company that turns the real world into sortable data

Qwite : A mobile app that makes it easy for companies to collect customer feedback.

ThaTrunk : a company that uses mobile commerce and geocast technology to help digital creators resonate with their fans and potential consumers.

The minority accelerator is the first initiative from the $20 million fund created by Comcast as a part of the acquisition of NBC Universal. The fund will also be used to invest in other minority-led startups and initiatives outside of DreamIt in the future.

The five companies in the Minority Entrepreneur Accelerator Program received funding from Comcast. The other remaining startups received their funding directly from DreamIt.

With Comcast’s participation, DreamIt’s budget for this group was increased by $350,000.

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Kiera is a Digital Journalist and Editor for Black Web 2.0. Connect with her on Twitter, Google+, Facebook, and LinkedIn.
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