Computer Software - Indianapolis, Indiana, United States
BLOOMINGTON, Ind. -- Four technology-based businesses led by Indiana University students will receive funding from the inaugural Building Entrepreneurs in Software and Technology, or BEST, competition. The competition opened in September with 61 submissions from a wide range of students on the IU Bloomington campus. After three rounds of judging, the field was narrowed to six finalists, who presented their business plans to a panel of investor judges at the School of Informatics and Computing on April 14. Ultimately, four companies were selected by the panel of investors to receive funding totaling more than $250,000: Awarded $100,000 was YuMingle, a mobile platform for facilitating social connections, led by Kelley School of Business students Jonathan Baldwin of Indianapolis and Nathan Baldwin of Carmel, Ind. Through YuMingle, people will be able to create unique micro-social networks based on location and interests. Our technology allows users to anonymously express romantic interest in each other anywhere (e.g., at a bar, during class, in a coffee shop, on a bus, etc.), connecting them real-time ONLY when there is MUTUAL interest.