Recent Story Highlights GotGame's Startup Success

October 8, 2009

MarKel Snyder, founder of local technology startup, GotGame?Media was recently featured in a story in  Black Enterprise which focused on funding alternatives for minority businesses.  The article showcased Snyder’s work with the TechColumbus business incubator as one alternative for minority entrepreneurs. 
The article cites Snyder’s journey in finding funding for his online recruiting site designed to match high school athletes with college coaches.  As founder and CEO of Columbus-based software developer GotGame?Media, Snyder approached TechColumbus with his business model and got invited to “pitch” the idea to the organization’s investment committee.  In addition, the TechColumbus business incubator provided professional development and business coaching and mentoring assistance.
Snyder received a $50,000 grant from TechColumbus’ TechStart program.  “We’re using it for market research and product development,” says Snyder, who initially solicited investments from friends and family, but avoided banks due to the economic conditions. “We had a new concept with no initial revenue attached to it, so we needed a funding source that understood that. We found it at the [TechColumbus] business incubator.”
See the full article in Black Enterprise.


 


Release Date:
Oct 8 2009 2:31pm
Source:
TechWeek
Author:
TechWeek Editor
Phone:
(614) 487-3700
Website:
Email:
Editor@TechColumbus.org