This summer’s CYstarters program came to an end on Thursday as the fourteen companies in the 2020 cohort presented their ideas as part of CYstarters Demo Day.
14 different startups presented about problems they identified, their business idea, product, financial projections, and marketing strategy. CYstarters is an 11-week program that provides students with financial support, professional resources, and educational workshops for startups.
As of this year, CYstarters has given out more than half a million in seed funding to 64 different student businesses who have participated in the program. Of those 64 ventures, 44 are still active today.
Awards were given at the end of the presentations. Five undercover investors among the audience and each of them awarded $1,000 to one of the presenting companies. The five selected winners from this year’s cohort were:
- Rachel Reloaded — Rachel Gai
- Surrebral Designs — Alexander Dill
- ChordaWorm Lures — John Hatfield and Benjamin Thompson
- Bloom Lash — Andrew Heller and Yvonne Speck
- Linda Tong Planners — Linda Tong
Three alumni awards were given out to people who participated in previous cohorts of CYstarters and have seen continued success since then. The three Alumni Awards were given to Brady Trent, Rebecca Lyons, and Stephanie Bias.
In addition, the Ted Bair CYstarters Award was awarded to a mentor and a CYstarter in honor of Ted Bair. Bair, who passed earlier this year, was the Regional Director of Small Business Development at Iowa State. Winners of the award were Kevin Kimle and Dillon Burns.